Many factors contribute to the valuation of a commercial building. One of the biggest factors is its appearance. How does the building look – and not just on the outside, but on the inside.
When a building is in need of an upgrade or as opposed to a total rebuild, A less extensive, less expensive upgrade can help make a building more appealing to a wider variety of prospective tenants or potential buyers.
Here are a few ways you can improve your commercial building to increase its value:
1. Upgrade the Entryway
The top priority in any commercial space is to get people in the door. Whether you’re operating a hotel space or simply a functioning warehouse, an outdated entry way can have a negative impact on sales, customer experience, employee experience and even operations. Creating a more functional an aesthetically appealing entry can make a big difference across the board in how your commercial building is received.
2. The value of Small Spaces
Hallways, nooks, and bathrooms are areas that can be renovated and upgraded quite easily and can have an immediate impact on presentation. These works need not be expensive will have the immediate impact of appearing to be new and refreshing. This can also apply to corridors and access ways. This applies to all types of commercial spaces. Office foyers, shopping entrances, warehouses, restaurants. Any space that is thoroughfare used by both occupants and visitors.
3. Be Energy Efficient
It’s important to keep your building up to date. It can make the space more energy efficient, lowering utility bills and lessening your carbon footprint. Pay close attention to the condition of the roof, doors, and heating and air system. If they haven’t been upgraded for a while, have it fully serviced and upgrade is out of date.
4. Create Usable Space
It’s important to keep your building up to date. It can make the space more energy efficient, lowering utility bills and lessening your carbon footprint. Pay close attention to the condition of the roof, doors, and heating and air system. If they haven’t been upgraded for a while, have it fully serviced and upgrade is out of date.
5. Maintenance
By maintaining all commercial space the reputation of the building and its brand will be maintained over the long term. By maintaining a building the
