Working with the design team at MH Akers to build or renovate a custom condo can pay off whether you decide to keep the property as your forever (or, at least, for a while) home, or decide to flip it for profit. Investors are always looking for custom properties, these days especially condos. Here are a few reasons why:
Investors are in the business of making money, and time = money. If you consider those two factors, then it’s no wonder why investors are always going to be interested in acquiring a custom condo. They’ll have little to not work needed to get the property ready for rent or resale, and they know they’ll have a unique product to market. It’s a win-win!
They Advertise Themselves
All an investor has to do when marketing a property that has been custom renovated is mention a few of its unique features that set it apart from the hundreds of other similar properties on the market, and the hard part is already done! No need for advertising gimmicks or trying to find other ways to differentiate their property from the rest, the product speaks for itself.
Custom condos are often customized down to every last detail, including things you might not see on a surface level. Using the latest technology when it comes to windows, A/C units, washing machines, dryers, dishwashers, refrigerators, etc. can save money on maintenance and utility costs in the long run. Plus, purchasing new appliances means they will undoubtedly come with a warranty, and repairs will not need to be made for quite some time.
Property Market Value
This probably goes without saying, but investors like a sure thing. And you might as well consider a custom renovated condo a sure thing. A property containing all the unique special touches both in layout, construction, and design, will increase its value on the market. It will also set it apart from other comparable properties either in its area or even in its same building or complex, making it the front-runner to rent or purchase.
Whether you’re looking to custom renovate a condo to sell to an investor, or you’re an investor yourself, the design team at MH Akers can help you with all of your custom home renovation needs. Contact a representative today to see the newest options, latest trends, and to get a quote on the remodel of your dreams!