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Agent Resource Center
Agent Resource Center

Interior Design Tips to Increase The Value of Your Commercial Property

Written by Posted On Tuesday, 01 October 2019 22:25

When looking to purchase and flip a property for profit, there are many different avenues you can explore to make more money back on your initial investment. While there are more detailed ways that can cost a lot of money and take a lot of time, some simple things can be done on the inside of the property to increase the value and give the property more appeal to potential buyers. 

 

Here are some quick and easy tips on interior design for your property.

 

 Know Your Target Market: 

Before you begin redesigning your property, the first step is to consider who you are marketing your property to. This can have a lot to do with the socioeconomics of the area you are selling your property. Before considering any remodelling or interior design ideas, know what will attract potential buyers in order to get the quickest sale possible.

 

 Know What’s Hot: 

With property flipping, it is important to know what trends and ideas are popular among potential buyers. Also, stainless steel is now a great choice for kitchens and faucets, when black or white was very popular in the past. Whether you are going for a classic, modern or traditional look, know what is popular to make your entire property cohesive for potential buyers.

 

 Have Themed Design: 

If you plan on filling your new property with old items that are laying around your property, think again. When trying to flip a property, buyers want to see the potential and beauty that a property has to offer. By giving rooms in the themes, buyers can see what they can do with space and how they can make the profit out of the property. If it looks like a bunch of odds and ends thrown together, buyers won't feel like they are at the right place, which can make it more difficult to persuade them to buy.

 

 Turn An Extra Room Into A Functional Room: 

By adding just a few chairs and desk, you can change your extra room into another working room. It will make potential buyers see more value in the room. Below are things to think about when turning an extra room into a workspace.

 

  • Delineating Work Space from Leisure and Living Spaces

Modern office design encompasses physical barriers such as a door or a walkway, as well as noise barriers like soundproofing and quiet music to block out noise from elsewhere in the property. If the windows in the proposed office face the street, think about how the noise and activity outside may impact the work. Think about what you will need for an office fit-out that gives you private space to buckle down and be productive.

  • Think Carefully About the Comfort

During the planning stage, it's easy to get caught up in what is commonly perceived to be normal. Make sure you create spaces where people feel comfortable. Set it up in a way that is right for people to work from. 

 

 Decorate It Like It’s Your Own: 

Treat your property flipping project like it’s your own property. Don’t skimp out on details or things that other people may want to see and enjoy. Take a step back from the seller’s perspective and look at your property as a buyer. What would you want to see? What would make this property more desirable? What would make you want to buy it immediately after taking a tour? By implementing these ideas into the interior design scheme of your property, you can add value and flip that property in no time.

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Sarah Smith

Sarah works with many real estate business owner to upskill their current license to further their employment prospects. 

https://propertyinvestmentwise.com.au/
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