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7 Upgrades to Improve the Value of Your Commercial Property in 2020

Sofia Peterson by Sofia Peterson
October 27, 2020
7 Upgrades to Improve the Value of Your Commercial Property in 2020
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So, you’ve finally gone ahead and invested in that commercial property you’ve had your eye on for a while. The only problem you’re having now might be that your building is perhaps a little dated. There’s an old adage that says, “Nothing a fresh coat of paint can’t fix.”

Well, with glass skyscrapers and designer buildings going up on every corner, you might need a little more than a splash of paint to spruce up your new investment. Some modern upgrades that can improve the value and aesthetics (and safety) of your building could include installing a roof access hatch, adding solar panels, and improving your buildings’ fenestration features.

Give Your Commercial Property a Total Upgrade

To increase value, there are several upgrades and improvements you can make to a commercial building rather than having to tear it down and rebuild it. A few simple changes and additions can really give your building a fresh face that will attract tenants. Let’s have a look at some of these.

Install a Roof Access Hatch

A roof access hatch may not be something that you’ll see from the street or that your customers will benefit from. But, it’ll make any additional or future roof work and improvements easier and safer. It gives you a safe entrance to your roof for any maintenance that needs to be done on the roof area going forward.

Your repair or service work shouldn’t interfere with your day-to-day business operations. A roof hatch will also ensure that there is no need for ladders and scaffolds to be put up in front of the building when repairs or maintenance must be done. So, visitors will always be impressed by the building’s look.

Make Your Building Eco-Friendly

There are two reasons to make your new building more eco-friendly. The first reason is you’ll actually be reducing your business’ impact on the environment. The second reason is the positive effects on your business reputation.

Some of the ways you can achieve this is by utilising energy-saving technologies like:

  • Recycled building materials for renovations
  • Increased insulation
  • Low flow water-saving plumbing fixtures
  • Energy saving light fixtures

An advantage to you is, you can advertise your building as being eco-friendly. It’ll already give your tenant’s brand reputation a positive start.

Invest in Solar Panels

Another way to market your eco-friendly venture will be to invest in solar panels. It’s a visible start to creating a greener image for the business that’s going to operate out of your building.

Not only will you save on utility costs but you’ll also reduce your operations’ carbon footprint. It’s also a quick way to improve the value of your building.

Do a Fenestration Upgrade

Fenestration refers to the windows and doors in your building. You may not have heard of this before, but it is possible to use energy-efficient windows. These types of windows are designed to prevent any heated or cooled air from escaping your building.

This means you won’t have to continuously keep an air conditioning unit on to cool air. This saves on your energy bill, which is always a plus point.

Invest in Skylights

The addition of a few skylights will flood your workplace with natural light. Commercial skylights offer your staff and customers a few advantages, such as increased productivity and the promotion of good health. People find it refreshing to work in natural light as opposed to the burning rays of artificial light.

Another plus for you as the building owner, skylights reduce the energy costs for lighting, as well as money you would’ve spent on heating and cooling.

Modernise the Interior

Creating a minimalistic interior will also go a long way to bringing your newly purchased building straight into 2020. Create open spaces, use eco-friendly paint and, use natural light. Pick a theme and colour that complement your business goals and make customers want to spend time in your building.

Give the Exterior a Facelift

Giving the exterior of your building a make-over is about a lot more than just slapping on a fresh coat of paint. Investing in the fenestration upgrade as mentioned above is already a start.

Another way to refresh your exterior is by investing in recycled materials of different textures. Tumbled stones or sleek steel shapes are possibilities you can look at.

Another idea here would be to design a front entrance that makes a statement. Your entrance is the first real impression your client will get of your business. Contrasting bold paint colours or natural wooden features are only two of the many options you can consider.

The inclusion of real plants or miniature trees will add to the charm of your entrance and will also emphasise the eco-friendly vibe you want to create.

Conclusion

Never underestimate the power of a good makeover. Adding a few modern upgrades to your newly purchased commercial building will spark interest from potential clientele who have never really noticed that building before. Improve your chances of new business when you finally open the newly renovated doors!

Sofia Peterson

Sofia Peterson

Sofia is a contributor at The Hack Post who loves to write about Technology. She also enjoys reading books and swims during her free time.

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