October 10, 2024

Jocuri

Mad about real estate

Creative Ways to Improve the Look of Your Triple-Decker Property to Increase Its Value

A three-decker property is composed of three floors constructed using light frames and wood materials. Each floor is considered as a single apartment which means that three separate families can live in this property. It is a unique home that became hugely popular during the 20th century. It primarily existed to give a large population of immigrants a place that they can call home. It is a great source of passive income nowadays so you might have wanted to purchase one. You may live on the first floor and allow other people to rent out the other two floors so you can earn money monthly. 

This three-story property is made of flat roofs and windows on all of its sides to ensure that the place will receive more fresh air and natural light than a typical household. It is also an attractive place to stay in as it comes with a front and back porch. It is composed of one front door that is shared among three families. Whether you want to stay in a three-decker property or become its landlord, you must consider these creative ways to improve its look which can increase its value. 

  1. Add made-to-measure roman blinds

You must consider buying made-to-measure blinds for your home if you want to achieve a versatile and practical place. Roman blinds are a good option because they have a timeless and flexible style with light control. It means that roman blinds will not compromise the look of the place while it blocks light completely or lets in light. You can choose from a wide range of fabric and style options that are suitable for any kind of home. Besides that, roman blinds will offer the privacy that you need and will keep you away from your nosy neighbors. If you compare curtains and roman blinds, you will find out that the latter is more affordable since it uses 25{ef6a2958fe8e96bc49a2b3c1c7204a1bbdb5dac70ce68e07dc54113a68252ca4} fewer fabric materials. 

  1. Upgrade the kitchen space

Kitchen space is said to be the heart of all homes since it is where you eat food together and host celebrations and special events. Hence, aside from putting roman blinds, you must also upgrade the appliances, cabinets, and granite counters. You must also equip it with more storage spaces to attract more tenants. Feel free to splurge on this part because it can provide a high return on investment. If the space is too small, it is recommended to use dual-purpose furniture pieces and portable tables and chairs.

  1. Make the bathroom modern

To increase the value of your three-decker property, you must modernize its bathrooms. Old furnishings, color palettes, and materials must be replaced with modern ones. You must strive to make it look bright and clean to attract more tenants. If you are the one who will pay for the water consumption, you must replace the toilets and faucets with new ones to save a large amount of money in the long run.

  1. Add more bedrooms

If your three-decker property is near a campus, you can attract more students by adding more bedrooms. They usually want to live with their friends to enjoy their college days and at the same time cut costs. For them, the more friends that they live with, the better the apartment is. If the space is too small, make sure to be wise in the layout of the furniture pieces to save as much space as possible. You may add roman blinds to serve as dividers to give them some personal space.

  1. Choose the right colors

When it comes to the color palette, you should take all the time that you need before deciding. You must avoid using white paint to not make the place dull and pale. It is advisable to use modern neutrals for the fabrics of your roman blinds, sofa, and cushions to brighten up space. You may use gray and pale shades as accent colors to make the place look and feel fresh.

In Conclusion

Purchasing a triple-decker property and making it available for rent is not enough to generate income every month. You must improve its look by following the creative ways listed above. They will help you increase the value of your property making it a great investment!