{"id":3857,"date":"2021-11-16T14:16:57","date_gmt":"2021-11-16T14:16:57","guid":{"rendered":"http:\/\/www.swetconstructiongroup.com\/blog\/?p=3857"},"modified":"2022-01-11T19:54:04","modified_gmt":"2022-01-11T19:54:04","slug":"innovative-approach-to-construction-of-multifamily-housing","status":"publish","type":"post","link":"https:\/\/swetconstructiongroup.com\/blog\/innovative-approach-to-construction-of-multifamily-housing\/","title":{"rendered":"Innovative Approach To Construction Of Multifamily Housing"},"content":{"rendered":"

While there are a number of new properties entering the multifamily housing market<\/a>, but with the right renovations and upgrades, older communities and building remain competitive.\u00a0<\/span><\/p>\n

Successful renovations for multifamily housing should benefit everyone, the owner, managers, and tenants. To achieve your goals and ensure high returns on your investment, a few steps should be taken.\u00a0<\/span><\/p>\n

Hire a reputable contracting company\u00a0<\/span><\/strong><\/h4>\n

A simple renovation project can quickly become a nightmare if an inexperienced contractor is hired.<\/p>\n

\"0\"It\u2019s easy just to hire the lowest bid, but there are other things you need to consider.\u00a0<\/span><\/p>\n

How long has the company been in business?<\/p>\n

Do they have the appropriate insurance?<\/p>\n

Do they have experience with multifamily housing construction?<\/p>\n

Understand demographics\u00a0<\/span><\/strong><\/h4>\n

Understanding your tenants, what they are looking for, is the first step to a successful renovation. Design upgrades shouldn\u2019t be based on generalized data, instead on the preferences of real renters.\u00a0<\/span><\/p>\n

Don\u2019t forget about curb appeal<\/strong><\/h4>\n

Everyone wants an attractive community to come home to. Curb appeal has a huge impact. In fact, in a recent remodeling impact report<\/a>, 99% of tenants said curb appeal was important, 79% said it was very important.\u00a0<\/span><\/p>\n

Like the old saying goes, \u201cyou only get one chance at making a good first impression\u201d. The outside of the buildings should be well kept, the grounds well groomed, and it should feel inviting.<\/p>\n

Energy efficiency\u00a0<\/span><\/strong><\/h4>\n

Energy efficiency has had a significant impact on multifamily housing, benefiting both the tenants and owners. By increasing property values, lowering energy bills, and attracting more tenants, therefore creating less vacancies and turnovers.\u00a0<\/span><\/p>\n

Age of the property\u00a0<\/span><\/strong><\/h4>\n

Over half of all rental units in the United States are over 30 years old<\/a>. Renovating older units to stay competitive with today\u2019s newer competition can be a challenge. They can be simple updates can make the building more efficient and attractive to renters.\u00a0<\/span><\/p>\n

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While there are a number of new properties entering the multifamily housing market, but with the right renovations and upgrades, older communities and building remain competitive.\u00a0 Successful renovations for multifamily housing should benefit everyone, the owner, managers, and tenants. To achieve your goals and ensure high returns on your investment, a few steps should be… Continue reading Innovative Approach To Construction Of Multifamily Housing<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288],"tags":[69,134,88,78,25,24,183,220,191,76,72,20,265,81,71,102,59,39,13,56,18,277,14,16],"_links":{"self":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3857"}],"collection":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/comments?post=3857"}],"version-history":[{"count":9,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3857\/revisions"}],"predecessor-version":[{"id":3898,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3857\/revisions\/3898"}],"wp:attachment":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/media?parent=3857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/categories?post=3857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/tags?post=3857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}