Multifamily Housing Business in 2016: A Sneak Peek into Top 4 Trends - 0 views
-
Groot Ethkeens on 29 Jun 16Several factors including declining home-ownership are driving multifamily property growth in 2016. To capitalize on their investment, however, property owners need to stay tuned with these latest trends in the industry and partner with a professional multifamily contractor. Through this blog post, we have a look at the four of the biggest trends they need to embrace. Related: 4 Innovative Ways to Landscape Multifamily Properties1. Growing Demand for Urban AmenitiesThe modern man not only wants to live in a property that looks attractive and is useful, but also helps them stay connected in every way possible. As a result, increasing number of multifamily property owners are incorporating everything from resort-like amenities such as iCafe and dry cleaning to swimming pool and billiard rooms that help lead them a urban lifestyle. 2. Increasing Multi-functional AreasBe it providing a common space where people can party or a space that families can use to create a dedicated "kids play" room, you need to ensure you can provide more in less space.. By hiring an experienced multifamily contractor, multifamily property owners can make even limited spaces more functional and keep their renters engaged for long. Related: Top 4 Qualities to Seek in a Renovation Contractor3. Innovatively Designed RooftopsAlmost everybody loves pools, gardens, and other attractive spaces where they can sit around or hangout with friends and family for hours. Although multifamily property owners cannot provide large spaces like single family houses, they can still take steps to make their properties more functional and attractive. That's why many owners are revamping their properties to add features such as fitness center, lounge spaces, grilling areas, and fire pits, among others in terrace spaces. 4. Increasing Importance to Central Location It goes without a saying that most renters these days, due to job opportunities and other factors, prefer living in properties that lie in the heart