The real estate market is thawing, and buildings that took in their first occupants a couple of years ago will likely be seeing a steady pace of sales in the months and years to come as the original puchasers move on to the next stages of their lives. Every sale of a unit in a given building has an effect on future sales. The more your neighbor gets for their home today, the more you can expect to get for yours tomorrow. The board of my condominium building just released a few suggestions on how to help keep our property appealing inside & out. Most of it is common sense but its good to keep these things in mind as they will apply to almost any condo or co-op building in the city.
Once resales begin its important to remind your management company to be more attentive to the tidiness and appearance of the sidewalks in front of your building. The entry doors to the building should be kept clean and entry glass free of hand prints, hallways & stairwells should be cleaned regularly with pleasant smelling natural cleansers, not harsh industrial products (don't underestimate the power of scent to make a first impression).
As residents of the block and the larger community you have the power to influence your property value by pitching in wherever possible. From cleaning up your own spaces, to picking up garbage, supporting local businesses you believe in, posting attractive photos of the neighborhood on Google Maps with Panoramio, or ordering new trees from the Million Trees Project; it all helps!
Sunday, February 28, 2010
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