Out-of-date colors are one of the first signals to potential tenants that a property isn’t being kept up to date. Color styles change fairly rapidly and you should ensure that your property’s color palettes are revised every few years to keep up with the latest trends. You may not need to repaint everything, but you may need to change accents like trim or bring interior wall colors up to date.
When it comes to the interior of a room, the color can quickly date the room. You should consider changing the colors of units on a regular basis. If you work with a commercial construction company, they can help paint a large number of units for you quickly. Consider a variety of designs when painting the interior of the units. It’s important to use colors that reflect a modern style. Also, avoid painting every room the exact same color. This gives the units a monotonous looks and can actually make them look smaller. A variety of colors adds visual interest and makes the unit look more modern.
You should consult with your commercial construction company about the colors in your clubhouse. It’s common for property owners to neglect clubhouses. When the clubhouse appears out of style, tenants are likely to avoid it. When they don’t use it, tenants are less likely to view the clubhouse as an advantage to the property. The clubhouse should be painted every few years so that it looks as modern as possible.
You should definitely ask your commercial construction company for recommendations about updating the exterior color of your property. You’ve probably driven past a lot of buildings that look tired and dated simply due to their color. At the same time, you’ve probably noticed other multi-family properties that appear fresher. You can achieve this more modern look simply by updating the color of your paint as long as the exterior of your building is in good shape. You’ll need to paint several parts of the exterior, including the exterior walls, trim, railings, shutters, fencing and any other decorative details. You’ll be surprised at how much updating the colors improves the appearance of your building.