Perhaps I am biased, but I consider interior design to be an essential part of real estate investing. Whether you are planning a spec home, preparing an existing home for resale, rehabilitating a multifamily complex or renovating a commercial property, appropriate interior design can always help to increase the value of a property. It can also dramatically shorten your selling time. Thoughtful interior design will carefully organise space while integrating colour, light pattern and finish in order to supplement function, flow and performance.
The right interior designer is the one who not only shares your vision for the project, but enhances it. While an architect is concerned with the structure of your space, the interior designer helps you create spaces that work together and flow in a logical and functional way. Neither should you be confused. Interior design is not home staging. Staging specialists are trained to maximise the perception of space and light using principles that appeal to a broader audience of potential buyers. Interior designers do all that plus include the elements of aesthetics, temperature, sound, smell, balance and harmony. All of these are value added elements that will help your property sell quickly and easily and well worth your consideration as an investor.
It is important to engage a designer early in the project to work with the client and the architect before compiling the plans. This helps develop a set of rules for the project keeping the design intent consistent. It becomes the designer’s job to ensure the interior of the space will function as the team intends. Finishes, lighting, furniture are all integral parts of a successful project. The interior designer can assist in all these areas as well as in accessorizing and art placement.
All in all, it is important for the team to have a common project goal and the determination to produce the best outcome possible.
Credits to Robert Kiyosaki for content.
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