The importance of working with an interior designer on your next property
For many property developers, the idea of hiring an interior designer to help you with your project may seem like an unnecessary expense.
If you’re trying to quickly renovate and rent out a property, you may think you don’t need to worry about interior design at all – but you’d be very wrong.
No matter if this is your first time flipping a property for the rental market or you’ve got a whole portfolio of previous projects under your belt, you should never underestimate the value an interior designer can bring to your team.
An experienced interior designer can help you optimise the floor plan of the property, create a natural flow through the space and, of course, add the finishing touches that will have plenty of tenants fighting to sign a rental contract with you.
If you need more convincing, here’s why we think it’s important to work with an interior designer on your next property.
The importance of interior design
Whether you’re working with a dated property that needs bringing into the modern day, or you just want to maximise the space and layout of your latest property project, the power of interior design is clear.
Interior design is more than just picking out furniture and painting walls – although this is a crucial part of the design process – but it will transform your property from an empty shell, into a functional and liveable space for your tenants.
With well thought-out interior design, you can expect the following benefits:
Enhanced quality of life for your tenants
Maximise space and storage within the property
Increase value of the property
Create a more functional living space
What you will gain from working with an interior designer
An experienced interior designer is a highly beneficial addition to any project team. Bringing in years of design experience and a creative eye to your development project can be just what you need to maximise your ROI and create more impressive properties.
Your interior designer will be an integral part of your project at every step. From your first meeting, they’ll help you set out your goals, come up with an interior design concept, maximise space planning, and make sure that everything gets ordered and delivered on time.
Not only will your portfolio benefit from all the new properties that impress tenants, but you will also be able to streamline the renovation process and create a fail-safe system to creating your tenants’ next dream home.
Here are some of the things you will gain from working with an interior designer:
Years of experience and a trained eye
If you choose a good interior designer to bring onto your team, they’ll be able to turn your ideas into reality – in the most effective way possible.
They can advise you on the best places to spend your money, where to save, and what are reasonable improvements that can be made to your property.
Interior designers know that every property is different and, with their years of experience, they will be able to ensure that every interior design choice is tailored to the specific property.
Not only will they be able to help you design a space that fits your requirements, but will also have a good idea of what tenants are looking for and how to appeal to a larger audience of potential renters.
Create a unique space that stands out
How many times have you seen rental property that look like a sad, empty space fit with magnolia walls, grey carpets and that fresh-out-of-the-catalogue kitchen?
Although this may be the norm for many property investors, it’s not going to get you – or your tenants – excited about your property. It’s something they’ve seen countless times before and won’t encourage them to drop a security deposit right away.
With an interior designer, you’ll be able to create a totally unique space that attracts potential renters and commands a much higher price.
Save time and money
Time and money is of the essence when you’re rushing to finish a property development project, or juggling multiple projects at one time.
When you work with a good interior designer, you can actually save a lot of time and money. This is because they’ll be able to advise on cost- and time-saving tasks that will only work to bump up the profit you make on the project.
You can also avoid costly mistakes such as buying the wrong furniture, buying materials from the most expensive vendors, or realising towards the end of the project that things haven’t been done properly.
Your interior design will manage of the design plans themselves, work within your budget, and ensure that everything is complicated on-time – and in line with your project requirements.
Inject some creativity into your project
As a project development manager, you may not be the most creative person when it comes to designing a property and making it work for your tenants – your skills tend to lie elsewhere.
Interior design is all about creativity, a skill that any good interior designer will have mastered. With their years of experience, they will be able to find innovative and creative solutions to the many issues that can come up during a renovation, and push the envelope when it comes to the appearance of your property.
Important project management skills
Not only is your interior designer responsible for drawing up the plans and picking out design features, they will also play an important role as a project manager for you. They can help you to navigate shipping, delays, and any damages to make sure that everything goes according to plan.
How to choose the right interior designer for you
Finding the right interior designer for your next project is an important decision, which we’re here to make extra simple for you.
At Mardesign, we have worked with plenty of property developers to create renter-ready properties. We’re able to help you save money, maximise your ROI and create showstopping spaces that command higher price tags.
Check out some of our previous work, or get in touch with a member of our team today.
Check out what investors say.
“Raquel added so much value in an area that I was not very confident in and it was amazing to see her ideas come to fruition and look so good in real life. I would highly recommend working with Mardesign.”
— David Clifton-Burraway. ProCo Living