Making a Home a Palace for Pets

Whenever clients look for a condo, apartment or house, savvy real estate professionals ask a few questions. One of the questions is whether pets are a part of the family. Nowadays, homeowners have different types of pets including cats, fish, small mammals, birds, dogs, and even reptiles. However, some property owners do not like renting out to people who have pets. On the other hand, some are trying to make their homes a palace for their pets!

According to a recent study, pet owners spend a considerable amount of money trying to keep their pets happy. For instance, in 2015, American pet owners spent about $61 billion on furnishings, food, toys & other pet goods. Although pet owners go over and beyond, some home improvements depend on several factors like labor costs, size of the room and level of finish. Nevertheless, since pets offer countless benefits, most animal lovers cannot put a price tag on their choices especially if they affect the happiness of their beloved pets.

As tenant competition soars in many cities, developers and managers of apartments and condos have decided to factor pet owners because it pays off. As a result, there are certain measures that they’ve reduced or eliminated. For instance:

  • Pets’ restriction
  • Lowering or eliminating additional fees for pet owners
  • Pet size and number elimination

With these measures in place, animal lovers can rent an apartment regardless of the size of the pet or the number of pets he/she has. This was not easy in the past because property owners were very sentimental about pets.

To attract tenants real estate developers and managers have devised other tack ticks. For instance, Related (a real estate company in NY) has always had a pet-friendly policy since 1986. They offer wax and booties to dogs during the winter season! After some time, Related established a Dog City Location where they provide pet care services to pet owners who are worried/concerned about the wellbeing of their pets’ when they are away from home. Some of the baseline services offered at Dog City Location include access to special areas to play, nail clipping and cleanup space. The client is only required to pay an annual fee of $250. The facility also offers additional services like puppy nannies, socialization services, spa services, walks and veterinary care on a different package to willing clients.

As the multifamily segment was covered on news and social media, homebuilders and designers started prioritizing pets. Homeowners and potential homebuyers started getting inspirations from Pinterest and Houzz. As a result, pet features started being included in single houses. To determine the type, size, and other features to include, designers and homebuilders had to ask a few questions. For example, the type of pets, number, and size the homeowner wishes to have in the future. Some of the added features include toy storage, cabinetry that has built-in food bowls and water, bed and wall hooks for leashes & collars. Sometimes, home designers include a ‘doggie door’ that offers access to the yard and a window that’s placed strategically for the pets to see the outside. It seems like homeowners are willing to make their homes a palace for their pets.

How Old Homes Can Gain an Edge for You

Although interior design can make your home new and current, it can also preserve the character of old homes. However, for your old home to gain an edge, you need the help of an experienced interior designer. Nowadays, using the latest floor styles, countertops, and lighting, you can remodel your old home especially if you are looking to resell.

Although the design and style of a home do not affect the sale of a house, buyers consider these factors when choosing between new construction and resale. When realtors help potential new buyers in areas with newer units nearby, they battle a misguided perception that existing homes are not desirable even if they are in their pristine condition. Ergo, modernizing your home will make it competitive especially if you are looking to resell.

You don’t have to break the bank when remodeling your old home because small upgrades like adding a fresh coat of paint, changing the old kitchen and door hardware and adding aesthetic details can increase the resale value of your home. However, the most important upgrades sellers can make include bathroom remodels, energy-efficient appliances and new countertops. Nevertheless, not all home sellers are willing to spend thousands of dollars on their old homes to gain an edge.

Aesthetics have added value to new construction & resale homes. Some advantages of improving older homes include:

i. Better lifestyle options – normally, older homes are located close to public transportation, schools, restaurants, and shopping. On the other hand, new constructions are on the town outskirts. Therefore, when you buy an improved older home, you will have a better lifestyle because you will be near social amenities.

ii. Investment in both curb and backyard appeal – many sellers of older homes have added porches and decks to improve your home. These homeowners have worked closely with contractors, landscapers, and contractors to improve their curb and backyard appeal. As a result, potential buyers will not spend extra money to make these changes. However, they may have to spend some money to make some changes. For example, laying sod or planting grass on their front or back yards.

iii. Individual charm – unlike new construction, older homes have a new charm because they’ve historic features that add an extra appeal. Older homes are surrounded by larger and mature trees thus offering more privacy and individual charm.

However, since the floor plan, interior finishes and the size cannot be changed, it is impossible to customize older homes. But, if the buyer wants to make these changes, he/she may have to invest a considerable amount of money. Secondly, as the demand for eco-friendly homes rises, it is hard to retrofit green features in resale homes. Finally, resale homes’ design cannot be changed regardless of the remodels or appliances you will buy. Therefore, when buying a resale home, you will have to be contented with the design while enjoying associated benefits.