How Can Interior Design Impact A Property’s Value? (And Some Tips)

Posted On Monday, 07 November 2022 20:26

The relative estimate of what a piece of property or real estate is worth is called property value. Generally, the valuation process involves determining and appraising the property by analyzing its current condition, purchase price, and location among other things. But every country has property laws regulating how property valuations are done. 

People usually focus on improving the home's exterior to increase property value, from modifying their gardens to adding solar panels. Improvements to a property’s exterior can certainly increase a property’s market value. However, paying attention to the interior of your home by updating and implementing the most recent interior design trends may also significantly increase your property value. 

Certain interior design elements can impact a property's value more than others. Nevertheless, homeowners or property developers must be willing to spend time, money, and resources on interior design trends that are stylish to draw in buyers. A better-looking interior will definitely help to bump your property’s value. An interior designer may help with this since they’re familiar with consumer preferences and can make your ideas a reality. 

How A Professional Interior Designer Can Help 

Improving your home’s interior will increase your property’s value. You could DIY your interior design. But you risk making mistakes that could affect the property’s value. So, it’s best to collaborate with an experienced home interior designer like Allison Smith Interior Designer. They have the experience and creative touch to transform any space from basic to extraordinary. A good designer will also offer interior design recommendations based on your preferences and ideas. Such that, in the end, your entire space matches the vision and idea you had in mind.  

That said, here are some room-by-room design ideas you can incorporate into your build or makeover. 

1. Bedroom Décor 

The bedroom is a personal space. So, you may experiment with different color options depending on your taste and preferences. But it’d help if you still put some thought into how it’s designed.  

  1. a. Color Scheme 

Your bedroom’s color choice isn't only for promoting tranquility and sleep. You also rest, sleep, wake up, and prepare in this room for the day's adventures. So, think of adding intense and vibrant hues like red, pink, yellow, or orange. However, be careful not to overdo them. 

If you're a minimalist, you can go with neutral tones like beige, grey, or white. Blues with softer hues can also have a relaxing impact or those colors in pastel shades.

  1. b. Lighting 

You must be careful when choosing a bedroom's lighting scheme. The lighting should ideally be toned down in this part of your home’s interior. To relax your body and mind at night, you need dim lighting. Consider investing in LED lights and floor lamps with adjustable brightness options. Additionally, you may make your own sconces and install some string lights to create a relaxing or beautiful ambiance. 

  1. c. Furniture  

Storage furniture can increase your property’s value. Sliding-door closets, side tables with storage spaces, and beds with drawers are examples of furniture that you may use in minimalist designs. Consider adding bedposts or elaborate headboards for modern and Victorian themes. 

You may add a reading space with a bookcase next to it for a contemporary vibe. The area near the window may be transformed into a cozy lounging area with cubbies beneath for accessories, books, or toys. 

  1. d. Ornamentation 

Your choice of ornamentation should complement your furniture. For your wardrobe doorknobs, you can consider using honeycomb patterns or big rectangular handles. If you have a curtain that resembles a tent or tapestry, you can hang them around your bedpost. You could also add potted indoor plants. If you’re going for a modern feel, you may install automated shades to block off the morning light. Also, you can decorate the space with unique ornaments or artwork that you made on your own.

2. Living Room Design Ideas  

Your living room is a dynamic area where you can host visitors and family members. You can be more creative when it comes to interior design.

  1. a. Color Schemes 

You’re free to select any exciting color palette and strong hues like orange, yellow, and maroon. You can also use wallpapers with strong patterns, traditional patterns, or even classy ones with a dash of elegance. Also, make sure that the décor and furniture blend with the hue of the wall. 

You can also use neutral colors if you want a minimalist home layout, but you'll need to have ambient lighting to set the scene in that case. 

  1. b. Lighting  

The lighting setup in your living room plays a huge role in determining the ambiance of the room. There are many lighting combinations to consider. But ideally, there must be a brightness and ambiance adjustment setting for your living room's lighting to cater to different situations. 

When conversing, watching television, or having a game night, it’s best to opt for LED lights or other bright lights. Sconces and lampshades with ornamental designs may create a soothing atmosphere for a romantic evening or when you just want to unwind after a hard day. Also, a chandelier may be appropriate if your living room design features lavish party scenes.  

  1. c. Furniture  

The furniture in your living room should ideally be versatile since it’s a space for hosting different people and occasions. You can get creative with living room furniture but ensure the basics are covered. For example, consider including a wooden coffee table and several comfy seats, depending on the available floor size. The living room could also be a great spot for your bookcases and entertainment cabinets. Additionally, you may need a few shelves to store decorative things and side tables in the seating area. 

  1. d. Décor  

You practically have free rein when choosing décor in your living room. However, it’d be best to collaborate with your interior home designer when picking décor pieces. You may hang your wall art or elegantly showcase an antique in the living room. Also, consider adding DIY wall art and photo frames or a few souvenirs on built-in wall shelving. If you’re green-conscious, you may fill your living area with many plants.  

3. Powder Room and Bathroom Design Ideas 

The condition and design of your bathrooms significantly affect your property’s value. Therefore, if possible, you need to make a significant investment to ensure that your bathroom stands out. This is also one of the areas where you definitely must involve your interior designer.  

  1. a. Color Schemes 

Most modern bathrooms have a minimalist feel to them because that’s what’s trending. A minimalist bathroom or powder room will incorporate neutral colors for the most part. But jewel tones work well with Victorian designs. Also, consider using geometric tile patterns in neutral hues. Incorporate the color scheme of the walls and floor tiles into your cabinets and fixtures as well. 

  1. b. Lighting  

Upgrading bathroom lighting can increase your home’s value. LED ceiling lights, mirror lights, and bright sconces might all be placed next to the mirror where you groom yourself since you need bright lighting. Dimmer lights that don't attract attention and give you a peaceful feeling should be used for the rest of the room, especially around the tub or shower. To avoid unintentional electrocution, be sure to put any lights around the powder area at an elevation. 

  1. c. Fixtures  

Before purchasing your fixtures, make sure to measure and consider the bathroom. You can add shower stalls and pedestal sinks for tiny powder rooms. However, you can consider installing a shower alcove over a wall-mounted sinker if you have enough room for a tub.

All this is particularly useful in minimalist designs since it provides all the necessities you need while saving space.  

4. Kitchen Design Ideas 

The kitchen is also one of the sections in your interior that must stand out. Kitchens will vary in size. But whether big or small, you must make the most of what you have. You also want to stick to a minimalist design since it’s synonymous with modern home design. A good kitchen will improve property value.  

  1. a. Color Scheme 

Bright colors that cover stains should be used in your kitchen's color palette. Even if you decide to use tiles, think about using yellow and white for the walls. Utilize brightly colored hardwood furniture and cabinets and if possible, add backsplashes that have a deep shade of brown. The color of your kitchen appliances should complement the color scheme of your kitchen. 

  1. b. Lighting  

Having bright lights in the kitchen is important since that’s where you’ll be cooking. Consider adding overhead lighting above the counters and cabinets. Additionally, you may add built-in lighting. You can install LED lights and pendant lights over the kitchen island for ambiance. 

  1. c. Storage 

The kitchen requires a lot of storage space to occupy the kitchen supplies, appliances, and utensils. To conceal the pots and pans, choose specialized or custom cabinets and pullout drawers. Your decorating style will be more interesting with stained-glass frames that include wooden carvings around the borders.  

Conclusion 

There are various factors that evaluators take into account when assessing a property’s value. But a good interior design ultimately results in a higher property value. A competent interior designer can assist you in making the most of your area and designing it thoughtfully. Experts will have greater insights into trending designs and patterns you can incorporate in your home to boost its market value. Remember, aesthetics matters if you want to sell your property for a competitive price. A solid interior design makes your property worthy of commanding a fair price.  

Rate this item
(0 votes)

Agent Resource

Limited time offer - 50% off - click here

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.