Boost Commercial Property Curb Appeal in 10 Easy Steps
Whether you're looking to sell your commercial property for a good price or attract new customers, chances are you'll need to work on its curb appeal. It's one of the best and most cost-effective ways of making your business as tempting as possible to the investors, tenants, or shoppers you're trying to target.
Curb appeal means making a building look as attractive as possible from the outside. While this may sound basic, doing so can increase the value of a property by an average of around 7%.
Curb Appeal Boosting in 10 Steps
There are plenty of ways to reap the impressive benefits that improved curb appeal offers. Some require a significant financial investment, while others need time. Either way, you can rest assured that what you put into it will be worth your while in the long run. Here are 10 ways to boost the curb appeal of your commercial real estate property.
Start by taking stock of your property's exterior. Are there any areas that are particularly old, untidy, or unattractive? If there are, make a list. Renovation experts claim that painting the home's exterior areas should be done every five to seven years. These are the first areas that you'll need to tackle, so it's essential to set them out in order of priority.
Many of the things that detract from your property's exterior look either need to go or get replaced. Therefore, get rid of old garden furniture, cracked planters, and broken gates.
Admittedly, there's only so much a good clear-out can achieve if the building itself is visibly dirty. Deep cleaning the brickwork or paint, windows, and doors will be crucial to improving curb appeal. You can either do this yourself or hire a professional to do it for you. The latter might be necessary if your building is particularly big or high.
Any signs of disrepair on the outside of your commercial property should be fixed as soon as possible. You're unlikely to appeal to the sorts of buyers you want to attract if, say, your building shows external sides of flood damage and its many associated problems.
Your building may have fixtures that are in good working order but look a little outdated. Consider investing some money into more trendy features such as new door handles and windows for a more modern-feeling property.
Make an Impact
Attract the attention of more people by introducing impactful accent colors. You could, for example, purchase bright new plants for your flower beds and hanging baskets. For an even bigger statement, try painting your building's front door, window sills, and signage in eye-catching colors. Just make sure the shades you pick are easy on the eye.
The number of those concerned about the environment is on the rise. Make more sustainable choices and improve your curb appeal while you do. One way of doing so is to plant more trees and eco-friendly plants throughout your grounds. Another is to use sustainable wood for your outdoor seating area.
Light It Up
Speaking of outdoor seating areas, another way of making your property more attractive to prospective buyers, tenants, or shoppers, is to introduce layered outdoor lighting. Think statement chandeliers or reams of atmospheric fairy lights that can bring a sense of magic and charm to a building's exterior.
Fence It In
Whether or not you have one already, spending money on a new fence that looks great and increases security has the potential to add to the value of your property.
Buy a New Sign
Commercial properties need adequate signage to attract customers, whatever the business model might be. If yours hasn't been updated in a few years, commission a fresh sign that draws the eye and increases your credibility. You could also take this as an opportunity to unveil a new, more modern logo or color scheme.
Get Started Updating Your Commercial Property's Curb Appeal Today
Curb appeal can do a great deal for your business, whether you want to attract new customers, welcome new residents, or sell your property. Regardless of the reason, by following the above tips, you can boost yours and watch the value of your property increase exponentially.