Categories
Real Estate

Strategies to manage mixed-use properties

If you look around at the many urban neighbourhoods, you may find many street-level shops, service firms and restaurants that might share the building with residential apartments on the floors above. When there are different challenges, many commercial and residential properties arise. But unfortunately, the real estate investors may find the idea of managing mixed-use properties a daunting task.

But then again, this dilemma can be easily rectified, especially if you’re in Colorado or Texas. These states are abundant with mixed-use properties. For this reason, you can find many mixed-use management Colorado and many high-rise property management companies in Texas, USA. If there is proper planning, mixed-use properties can bring in excellent results. If there is the right blend of tenants and amenities, the profitability of the property can be easily maximized!

Here are a few strategies that can be helpful in managing mixed-use properties:

Pick commercial tenants from complementary industries: Even though the property is intended and meant for mixed-use, you need to ensure that it is being rented to the tenants who have a good relationship with everyone. For example, a real estate agent, insurance agent and a mortgage broker might all be in the same building and might add value, for all three tenants from the referrals they may get.

Establish residential identity to attract commercial tenants: If there are mixed-use properties, you have to mind the mix. There is a residential component too. So you have to start with the price points of that. Determine the price point that the tenant can probably sustain. Tenants may be interested to know about the possible customers.

Make life easier for residential tenants: Based on the neighbourhood, property size and demographics, there should be co-working spaces. Outdoor space and playgrounds for both the community and retail owners like dry cleaners, grocery stores and office places. If there is space, you can also add a health club, a club house and various guest rooms which can be used for visitors.

Have a co-working space to earn profit and build relationships: A proper co-working space needs to be created. A simple space with open floor plans, lots of coffee and big spaces can be a simple, affordable and friendly way to create community within the community. If there is a monthly fee, you can even create some extra profit for the building.

Curate commercial tenants to mold out a lifestyle: A community would be interested in adding amenities that might appeal to their lifestyle. Finding the right mix to make use of mixed-use properties makes the place more desirable and profitable. Hence, if you allot the commercial tenants to fill the needs for residential tenants, you are making the location attractive for business as well as residence. Think of coffee shops, restaurants, gyms and all other common places that bring people together.

If you’ve been contemplating hiring association management services and looking specifically for mixed use management in Colorado and high-rise management Texas, USA, visit the website of Worth Ross to understand the services offered by them. Opting for the services offered by experts in the field can help your association progress and develop better.

Categories
Selling & buying

Keeping Your Space Heated Without Breaking the Bank

Of course, who would want to be in the cold? We must keep warm. And rightly so. Many people find it so attractive to see a house with roofs wrapped in snow and the front yard also covered with snow. That may look good on a postcard. It’s true. But truth to tell, you should treat the cold with caution. 

Winter months are when more Americans give in to life-threatening diseases. And it seems science is finding out the answers. The cold, according to studies, lowers our immune system making us more susceptible to disease.

Indeed cranking up your heating system makes sense. You certainly want to be as comfortable as possible. And yet, you may be surprised to know space heating is the largest energy expense in most American homes. To date, it’s eating up about 45% of your abode’s energy bills. Knowing all that should tell you, it’s about time you find ways to minimize your expense. Giving your budget breathing room. Here’s how. 

Take Care of the Furnace

Don’t be surprised if we will discuss the furnace first and foremost. Unlike boilers, furnaces won’t freeze in winter no matter how low the mercury drops. Plus, it doesn’t leak as boilers do. Most importantly, it’s less expensive—small wonder why more Americans use furnaces more than any form of heating. 

The key to a healthy furnace is proper maintenance. Ensure you factor in regular maintenance so anything that needs attention can be attended to in a jiffy. When the furnace repair is timely and done by expert professionals, expect your downtime to be minimal. The right professionals come with years of experience and the best tools to get the job done in half the time. 

Moreover, have your air filters replaced when the season starts and once the colder months set in. And as leaks in your ductwork can lower the abode’s overall energy efficiency, make sure you plug these holes. That has the potential to save you hundreds of dollars. To note, as much as 30% of the furnace air could get lost in the ductwork. 

Better Insulation

It’s logical. If your home has a lot of holes, warm air is going to escape quickly. When that happens, you’ll have to crank the heat some more to get to the comfort level you want. 

It’s paramount then that you have all those cracks sealed. You can do this by visual inspection. Look out for drafts near the windows, doors, and pipes. Better yet, use an infrared camera to pinpoint drafts with greater precision and speed. 

Additionally, double-check your window stripping. When the cold months descend, these strips shrink, allowing for air to escape. All this can be a tall order if you’re not into it. If you want a comprehensive inspection, getting a pro should take care of the problem. 

Lower the Thermostat 

The cold can be ruthless. Just try walking on the streets when the snow is falling. But the thing is, many, if not most, Americans tend to bring about too much heat than necessary. When that happens, more energy is needed to get the heater to work. 

Take note. Experts place the ideal temperature to be 68 degrees in the daytime and 60 degrees when the night sets in. Higher than that, and you are going overboard. The problem is since central heating existed in the 60s, more and more Americans chose to put their thermostat at 70 degrees in the daytime and 68 degrees in the nighttime. A degree raise means more work for your heating system. 

Another important advisory is to shut off your heating when everyone is out. Who needs it anyway, right? If you want to control your heater from a distance, then getting a smart thermostat should be in order. 

Deploy a Humidifier

A humidifier can be our best ally in keeping your house warm at the least cost. Think about it. During summer, we do away with the humidifier as it will warm the room more. Water does hold heat.

But in winter such a move can be useful. When you deploy a humidifier, you allow the air to moisten. When that happens, you increase the heat around you as moist air is warmer. 

Check for Prepaid Power

Depending on your supplier, you may avail of prepaid power. This is when you agree to have only a particular amount of electricity delivered to you and no more. That way gives you a lot of flexibility to save. 

Some providers also offer what we call “budget billing.” It’s where they estimate your monthly fee by looking at your past usage. 

 

Indeed, there are lots of ways you can make room for a budget-friendly space heating bill. If you be conscientious about it, you should be able to get the most of it all in a cinch.

Meta Title: Money Matters: Hacks to Save Money on Heating Your Space

Meta Description: When you want to save on your heating bill, keeping these hacks in mind should be vital. They should help you on cutting those expenses.

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Categories
Building A Home

Has the Covid Affected the State of the British Construction Market?

There remains uncertainty about the UK construction industry, which too has been affected by Covid. The CECA (Civil Engineering Contractors Association) and Build the UK cautioned that this industry is set to become “severely and dramatically affected” by the Coronavirus. According to Rupa Lakha, the construction industry has faced the onslaught of the pandemic with very strict restrictions and guidelines in place about safety, health, work, and movement. At the same time, the government told the construction industry that it should continue working. The dreaded virus was at its zenith in January 2021, when 59,937 new cases were reported.

Dropping infection figures

Since then, the figure has come down dramatically and the current average is 5,766 cases per day. Data released by market research industry HIS Markit has shown a continued recovery of the construction industry. If you are in the construction industry, this is the appropriate time to start building standalone homes and complexes, as the prices of real estate are still relatively low with there being uncertainty about the future as new variants of the virus keep on evolving with the African variant being the latest and considered the most dangerous. With there being uncertainty about the effects of the virus on the construction sector, it makes sense to hire construction machinery instead of purchasing them.

How to choose machinery and the costs etcetera

Plant Hire Kent is one of the leading companies in the UK that offers construction equipment for hire. They have a wide range of diggers and dumpers plants available for hire, along with a variety of attachments.

Cost of a digger

Be prepared to break your bank balance if you plan to purchase new diggers (excavators). They are one of the main machinery and are used to remove soil and other material from the construction site. It is better to hire one as it costs much less. Plant Hire Kent offers diggers available in operating weight from 0.8 to 21 tonnes. The cost of the device depends on its operating weight. The rates are charged on an hourly basis. Be prepared to pay more if you also wish to hire an operator. The company has a wide range of diggers manufactured by leading brands such as Doosan, Hyundai, Liugong, and others. You can also hire attachments such as hydraulic breakers, augers, rakes, buckets, grapples, and much more. Expect to pay anything from £71,500 to £36,000 (depending on their weight lifting capacity) if you want to purchase one. The hiring cost of a 1-2 tonne excavator is approximately £80 per hour.

Cost of a dumper and bits to consider

It works out cheaper to hire a dumper instead of purchasing it. You can hire dumpers, used for carrying heavy material in the construction site. The rental charges depend on their carrying capacity. Expect to pay more if you want to hire an operator too. The rental charge for a 10-tonne dumper is more than that for a 1-tonne model. Plant Hire Kent offers dumpers at pocket-friendly prices. They have different models manufactured by Thwaites, a leading international brand. Contact FGS Plant Kent today for your excavator and dumper requirements.

Categories
Investment

The Importance of Home Staging in the House Selling Process

Contrary to speculation, an empty room appears smaller than a properly furnished room. This presentation of the house is beneficial to sell houses faster at better prices. In several surveys, this home placement tactic has been found to work better than lowering home prices. Design companies or home doctor teams do the staging at home. This home doctor style will make your home’s presentation perfect and make your property stand out from the competition.

Home Staging is the process of organizing a private home for sale in the real estate market

The goal home staging in Melbourne is to make the home more attractive to the maximum number of potential buyers. This means that you can sell your property quickly and at a better price. This practice focuses on methods to enhance your home’s curb appeal and improve the appearance of your property. While the primary form of home decorating has always been, newer techniques see it as an art, requiring more than just mowing the lawn. The modern environment requires that you follow the recommendations of real estate agents. Some people also hire professionals for their home production.

To decorate a home, you need to understand that buyers will see your home for the first time and from their perspective. So you need to start decorating, cleaning, and furnishing your home in the way you would like it to be for purchasing purposes. As a buyer, if you begin to appreciate home decor made for your home, rest assured that buyers will love it too. But your goal is to make them love it and buy it. 

You should start with the renovation. Repair any frequently forgotten items that need to be repaired. Even the smallest thing that doesn’t bother you daily can annoy a customer. Cleanliness is the most important thing. You don’t want the customer to see a neglected and dusty living space. Obvious places like bathrooms and kitchens should look hygienic, but don’t forget the corners. Make your kitchen spacious by removing everything from the counter and cabinets. Keep a few plants to keep your home cool, but don’t use too much space for them.

The home design will not only help you get a great deal on your property; it will also get you going in a relatively short amount of time. These family doctors are adept at transforming a boring space into a highly inspiring show house that can attract potential buyers. 

Summary

Staging a home also helps you see it as property and even emotionally detach yourself from the space. This process allows you to sort out useless furniture and get rid of packaging for less-used items. The property style also teaches you new and innovative ways to use your furniture and create exciting spaces with it. Your home should be bright and have a bright atmosphere, as a darker home gives the impression of boredom.

Categories
Building A Home

Best Outlet to Purchase Screens for Your Windows

Do you want your home to look its best at all times? Then it is high time you installed screens in the home. Making the home to be beautiful does not have to be expensive. You only need to know how to make the right choice among home beautifying products.  Installing window screens and door screens are among the best ways to make your home look great and they are also among the most affordable ways to get things done. There are so many types and designs of windows and door screen out there today, but you should only shop at an outlet selling top quality so that you can get the desired result for which you installed screens in the home. The earlier you do something about it the better for you. if properly installed,  screens can help with Home Improvement. 

In the reaming part of this write-up, we will show you one or two things you can do to enable you to shop right when shopping for items that can help to improve your home décor. 

How to shop right 

If you want to get it right at all times as far as home decoration is concerned, then you need to get in touch with EZY Screens. This outlet has got what it takes to make your home look beautiful at all times. The outlet can be trusted for screens of different types that can be installed on your windows and doors alike. The beauty of it is that all the products sold at this outlet are of top quality and they will all give you good value for money when you install them for Home Improvement. If you want to get it right when adding value to your home, then you should not hesitate to visit this outlet and it will turn out to be one of the best decisions of your life. 

There is always something for everyone

There is always something for everyone at this outlet. Do you need retractable screens for windows or any other window screen for that matter? This outlet has got what it takes to always meet your needs perfectly.  The windows are also available in different sizes and you are free to order anyone that perfectly meets your needs here.  If you do not know how to install it, the professional at this outlet can help you in this regard. This means that they are not only reliable for selling top quality screens for doors and windows, they are also reliable for providing professional services related to screens. They will always meet your needs perfectly and you will even find yourself coming back for more of what the outlet has got to offer.  The products sold here will equally not cost you an arm and a leg.   

Categories
Selling & buying

What Are the Benefits of Selling a House for Cash?

The house buying and selling process is stressful and complicated at times. There are many small details that need to be worked out in order for the process to go as smoothly as possible. When you’re stuck in between selling and buying a home, you also risk having to pay two mortgages at once.

When you’re ready to sell your house and want the process to be simple, you should consider selling to a cash buyer. Selling a house for cash has several advantages. Those advantages can be found in the guide below.

To determine if selling your house for cash is the right decision, continue reading!

You Avoid Hiring a Realator

Hiring a realtor to help you put your house on the market and find buyers for you is a great idea, but it comes with a disadvantage. When you hire a realtor to help you sell your house, they get a percentage. When you sell to a cash buyer, you cut the middle man out.

There’s no need to hire a realtor in this situation. You also won’t have to worry about paying closing costs. You’re selling the house directly to the buyer.

There’s no lender. In the end, you’ll save yourself money associated with the fees mentioned above.

The Process Is Faster and Simpler

Because you don’t have to deal with different lenders, the selling process to a cash buyer is much quicker. You won’t have to wait for a lender to approve the buyer’s loan. You won’t have to worry about setting up multiple open houses to bring potential buyers in neither.

If you’ve been wondering, “how can I sell my house fast for cash,” then selling a house for cash might be your answer. The buyer will have the full amount of money on hand, ready to make the purchase. If you need to sell your house fast due to a divorce, death in the family, a sudden move, financial reasons, or something else, then it’s something to consider.

Little to No Repairs Are Needed

Many homeowners who have what’s known as “junk homes” or “ugly homes” prefer to sell these houses to cash buyers. Why? When you sell to a cash buyer, you won’t have to worry about making expensive repairs.

Many cash buyers will purchase the house in the condition it’s in, with no required repairs. Sellers who don’t have the time or money to put into a house before selling might consider selling to a cash buyer. Cash buyers won’t overlook your house because it’s old, dirty, outdated, and so on.

Is Selling a House for Cash Right for You?

Make sure you’ve carefully read through each point listed above to determine if selling a house for cash is the right move for you.

Are you preparing to place your house on the market? For a fast and hassle-free home sale, consider selling homes for cash.

Interested in more home topics, such as selling and buying, real estate, moving, investments, and more? Check back here frequently for new posts!

Categories
Building A Home

6 Tips for an Ultimate Backyard Makeover

Springtime isn’t too far in the distance and you know what that means. It’s time to start thinking about what you want your backyard to look like once the weather warms up!

Do you need a few ideas for your next backyard makeover?

There are so many options for an effective backyard setup, and depending on what your lifestyle is like, some may be more suitable for you than others.

Regardless of what you use your backyard for, we have something that will work for you. Keep reading for some of our favorite backyard makeover ideas so you can get started on your backyard transformation.

  1. Show Off Your Pride

Are you looking to show off something personal about yourself with your backyard decorations?

There are plenty of ways to go about this. You can use weather-resistant signs and tapestries, banners, and even flags.

People have flags for all kinds of reasons. Some like to show off their historical nations of origin, others like to show off qualities of themselves or movements that they support.

In the United States, it’s not uncommon for people to fly American flags in their front yards or backyards.

Flagpoles can seem intimidating. The ones that are used commercially are huge up close, it’s hard to conceptualize keeping one of those in your yard. There are, however, residential options that are easy to install and sturdy enough to support the average flag.

Check out this post for more info if you want to display a flag in your yard.

  1. Make a Native Garden

Do you have a green thumb?

Many of us use our backyards as a place to showcase our favorite flowers. The flowers bring color and charm to the yard, and many of them are great for bee and butterfly populations that are dropping by the minute.

Did you know that many of the plants that you’re using are actually invasive species?

While this isn’t such a big deal when they’re contained in a garden, they can be problematic if they spread. They also aren’t using your garden to its full potential.

Instead, why not plant a native garden? Each area has its own native flowers and grasses. Because they’re meant to be there, they’ll grow better even under less ideal conditions.

Scattering them in your flowerbed gives you an awesome wildflower look. Why not give it a try? Check out what kinds of plants are native to where you live and get started with your native garden.

  1. Bring the Indoors Outdoors

It’s growing more and more popular to have an outdoor space with indoor amenities. After all, during the warm seasons, it’s common to want to spend a lot of time outside with family, with a small party, or even relaxing alone with a book.

Make your outdoor space comfortable with a few things that seem to be better off indoors.

For example, there’s plenty of outdoor furniture that’s stylish enough to look like it would be right at home in your living room. Make sure the material is weather-resistant and keep it safe when it rains and you’ll have an awesome sitting area.

You don’t have to stop there. People often have a backyard fire pit, or even a full backyard fireplace, installed in the sitting area. Some people even have full kitchens!

Make your outdoor space as cozy as your indoor space.

  1. Create a Covered Space

Speaking of bringing the indoors outdoors, why not bring in the outdoors indoors?

You won’t be inside, but you will be safe and dry during rainy days while still getting to enjoy the outdoor space.

There are plenty of options. One of the most popular is a long overhang off of your porch. This is one of the most affordable and accessible options (and many homes come with them, either built-in or as a pre-existing addition).

You could also build a pergola in your yard for a place to sit amidst the garden.

On rainy days, you don’t have to stay inside. Sitting outside in your comfortable covered space is a great way to spend the time and get fresh air.

  1. Make a Backyard Oasis

Have you considered water features for your home?

There are plenty of ways to incorporate wear into your backyard makeover. The simplest is, of course, through bird feeders. Bird feeders are affordable and easy to install, and they give you the opportunity to get a good look at local wildlife.

You could also install a koi pond. Koi ponds add a great atmosphere to your outdoor spaces so long as you know how to take care of them the right way.

Small natural-looking ponds are also great. Pair them with gentle fountains for a “zen” feeling in your outdoor space.

A note: When you have standing water outdoors, make sure that you take measures to protect yourself from mosquitoes!

  1. Incorporate DIY Art

The backyard is the perfect place to show off your creative side. Why not make some DIY art to personalize your space?

There are plenty of great DIY options. You can create custom vertical gardens, upcycle old photo frames to hang around succulents, or even make your own DIY outdoor furniture for everyone to enjoy.

Here are a few great DIY outdoor art ideas available that will inspire you to make your own.

When Are You Starting Your Backyard Makeover?

Start your backyard makeover as soon as possible if you want a great backyard before spring rolls around.

Show off your pride, make yourself one with nature, or get in tune with your creative chops with one of these awesome outdoor design ideas.

For more helpful articles for your home, check out the rest of the site!

Categories
Real Estate

The Insider Realtor Secrets You Need to Know

Despite unprecedented economic difficulties, the housing market saw its highest sales in over a decade. Realtors have a real opportunity to capitalize on these upward trends.

Learning about real estate is just the beginning. All realtors must understand the fundamentals of business, especially marketing. Even if you’re part of a real estate team, you still have to brand and promote your services.

The more deals you close, the more time you have to rack up those sales.

Realize your potential with these effective realtor secrets!

Video Tours

Step into the shoes of potential buyers. Think about the time and resources it takes to find homes.

Make the process easier for buyers by including video tours on your listings!

Listings are essential, but not every buyer has time to drive around neighborhoods all day.

Data shows more buyers rely on the internet to find homes; therefore, they’re looking at fewer homes in-person. A high-quality video tour can make all the difference.

Beyond this this CRMLS listing method, you can recirculate your video tours on your website, Instagram, and Facebook account. They’re also ideal for Facebook PPC advertising and sponsored posts.

Print Marketing Still Works

Don’t listen to the critics. Traditional marketing isn’t dead, especially print marketing.

Print marketing is vital for realtor brand awareness and community building. Successful realtors use branded stationery, printed mugs, fridge magnets, calendars, and pens to get their brand in the homes of future sellers.

That 5-year old branded pen in the junk drawer could lead to a future sale!

Be strategic with your print marketing campaigns. Mail out merchandise during the holidays and right before peak buying and selling seasons.

The Realtor Secrets of Scent Marketing

How do odors affect your experiences? Does strong perfume turn you off from eating in a restaurant? Do pungent garlic smells distract you from making a decision?

If certain smells negatively impact your experience, imagine how buyers and sellers feel when they get a whiff of the wrong scent. This type of psychological impact is heavily at play in real estate. This type of psychological impact is heavily at play in real estate.

Musty, moldy, and unpleasant smells can turn off buyers. Certain kitchen smells, like raw fish and red meat, are also a problem.

Scents matter, but you can harness their influence by filling homes with pleasant, positive odors.

Many realtors swear by baking smells during open houses. Suggest that the owner bake a pie or light a few apple pie candles from Bath and Body Works. You can also use sugar cookie candles, blueberry cobbler candles, and more delicious scents.

Lemon-fresh laundry scents also work. Fresh-cut grass, spring scents, and light plant scents are great, but try to avoid chemical cleaner scenes. All-purpose cleaner smells can be a little off-putting.

Become a Rockstar Realtor

Don’t wait to cash in on the recent real estate boom. Follow these realtor secrets toward success in 2021!

These tips are just the first step in your career. Bookmark the blog to stay updated on the latest tips and tricks in your field.

Categories
Building A Home

The Face of All Seasons in the Business Today

The business industry around the world has faced its great challenge in the year 2020. From micro, small, medium to big enterprises, they felt the big impact of the effects of this pandemic. No one has been tagged as an excuse. All of us experienced the toughest time and journey of our business. As a matter of fact, many companies have fallen, wherein they close their operations. Some would consider themselves lucky because they are still operating even if profits are coming back to them. There are different stories of falling on their business in different parts of the world. But if there are sad stories, of course, there are stories that made us be inspired again to get back up and rise again. 

Now, many rising businesses saw the needs of the market during this pandemic. They use the current situation to be creative and turn it into a business. Also, there are stories of businesses that have become better and greater than ever before. We would see how they stand up above all things amidst the inevitable circumstances in the business industry and society. In fact, no one would say that they are grateful for this difficult situation in our society. But we chose to see the brighter side of things. We stepped up the game and made sure that we came up with bigger and brighter ideas for our business. 

But if there are stories of coming back, there are stories that needed to come to an end. The online retail store known as Lighting Lighting Lighting has been in the industry for many years already. In their years in the market, they have been known to be a great provider of different lightings. But because of this pandemic, they became honest and came up with a difficult and painful decision to turn off their lights. As we check their site, they extend their thankfulness to their avid customers who supported them throughout these years. They also provided their email for those who have placed their orders or have inquiries on their warranties. They ensure that their line is still open for their avid customers. In this way, they can even help them out with the concerns they might be having. 

Now, they still stand up and ensure that they will yet provide their pending transactions to customers. Surely, they have been through the toughest times this 2020. No one has been excused, even the most successful businesses. Surely, they will come back and will become stronger. There is perfect timing for everything. Our season will arrive at the right time and place that we have not expected the most. If today is not our right time then we have to wait. As we wait for things to happen, we have to plan and work for it.

Categories
Building A Home

7 Expert Tips on How to Create a Basement Apartment

So, you’re finally ready to take the plunge. You’re ready to tackle that overwhelming project you’ve been putting off for months, even years – finishing your basement.

An unused basement is not only a waste of space, it’s potentially a waste of income as well! With a basement apartment, for example, you’ll have extra space for guests, in-laws, or moody teenagers, as well as a rental space to create an additional revenue stream for you and your family.

If you’re considering building an apartment in the basement, you’ve come to the right place. Listed below are a few basement transformation tips that will help you get the most out of the space beneath your home.

Let’s get started!

  1. Survey Your Space

The first, and most important, step in your basement transformation is to survey your space. In order to plan effectively, you need to know the exact amount of space you’re working with and what you need to add to your checklist.

Measure the entire basement, both the height of the room and the length of the walls. Keep in mind that, for the space to be considered liveable, your basement needs to have a minimum of 7-foot ceilings.

You’ll also need to inspect the plumbing and wiring, as you can’t have an apartment without installing them if your basement isn’t already connected to the rest of the house. Now, you’ll need a permit to complete this type of upgrade, so be sure to add that to your checklist as well.

  1. Protect Your Apartment From the Elements

Your next step should be to inspect the insulation and moisture protection. Because, as with any home, your basement apartment needs to be protected from the elements.

If the walls aren’t already insulated, you’ll need to add insulation panels and batting. This will help regulate the temperature of the apartment in addition to lowering noise from both inside and outside the space.

Moisture protection is another essential, as you might one day go downstairs to find your apartment underwater if you don’t install it. You need vapor barriers to prevent moisture from spreading through the walls and floor.

  1. Keep an Open Floorplan

When you build a suite in your basement, you only have so much space to work with, which makes it easy to unintentionally make the space feel cramped and closed-in. To combat the low square footage, it’s a good idea to keep your floorplan as open as you can.

Remember, this is meant to be a mother-in-law apartment or small rental space, it’s okay if you’re unable to separate the bedroom from the living space. There’s nothing wrong with a studio apartment!

  1. Install High-Quality Flooring

Once you have your floor plan mapped out, you’ll likely need to replace the flooring or cover the existing concrete with a higher quality flooring. Concrete isn’t the most comfortable material to walk on, but you can’t put just anything in a basement apartment.

Wood flooring, for instance, is prone to warping because of the additional moisture. With that in mind, you’ll need to go with a more sturdy option, such as tile, carpet, or engineered wood.

  1. Allow Your Furniture to Multitask

When you’re outfitting your mother-in-law apartment with furniture, look for pieces that are multi-functional or able to be stored away. Let’s use the bed as an example. A typical bed can work, but a murphy bed that folds into a desk or a platform bed with built-in drawers are better options.

Another great piece of furniture for a basement apartment is an ottoman or coffee table that can also be used as a storage space for blankets and other essentials. With the right furniture, you can include everything your renter or guest could need, regardless of the size of your basement.

  1. Plan the Kitchen With Care

It’s not a true mother-in-law suite without a kitchen area. That said, you need to plan the kitchen area with a bit of extra care, as appliances and other kitchen furniture can eat up space quickly.

Think about what you want to use your space for and what that space would need. For example, if you’re planning to rent out your basement apartment, your kitchen will need to include a few more things than a simple guest area requires.

  1. Don’t Forget Storage Space

There’s nothing more frustrating than a living space without any storage space. First of all, clutter is detrimental to both your mental and physical health. But past that, any guests or renters you have in the space will quickly become frustrated if they don’t have a place to store their belongings.

Because basement apartments have limited space, this is another area that you’ll need to plan carefully. Actual closets are best, but if you don’t have the space or budget to build them, there are alternatives. Look for storage options that go under other pieces of furniture or can be stored away when not in use.

Build the Ultimate Basement Apartment With This Guide

Though it takes a bit of time and effort, a basement apartment is a worthy addition to any home. Your in-laws will have their own space when they visit (a safe distance from you!), and when you don’t have visitors, you have the perfect Airbnb or full-time rental space.

The key is to take your time and make decisions carefully. As long as you design your apartment in the basement with yourself and your needs in mind, you can’t go wrong.

Looking for more tips and tricks for improving your home? Be sure to check out our blog!