Just like other parts of the home, bedroom furnishing and decoration have evolved a lot over the years. From the sponged feature walls of decades past to neatly pressed valances to today’s houseplant-donned rooms, there’s a lot you can do to ensure your property reflects current trends to attract buyers or your ideal tenant.
In this article, we provide an overview of some of the bedroom trends that have emerged as COVID-19 has changed our lifestyles.
Adding an office space to the bedroom
With many people now working from home, and some not having a dedicated space in their home for work, makeshift offices have become an integral part of the bedroom in some people’s homes. This will be something to think about if you’re thinking of selling an investment property or if you’re looking for new tenants. People want to be able to picture themselves living and working at home.
A quiet, wellness space
While some people have been using part of their bedrooms as a workspace, others have been using parts of their rooms as a space for health and wellness. Recent trends include the addition of equipment such as a yoga mat and incense for a quiet meditation and yoga corner, or free weights and resistance bands for those after a more intense workout. Whether there’s space for working out in the bedroom or other parts of the home, think about this when you’re marketing your property to potential buyers and tenants.
Space-saving updates
If your investment property is vacant, and you know the size of the bedroom has been an issue for previous tenants, you could look at some small changes to help save space and potentially attract higher-quality tenants. Bedrooms always look smaller without furniture in them, try using virtual furniture in photos (it’s cheaper than styling) to help your tenant or buyer imagine what will fit in the room, or add small finishes such as bedside pendant lights to free up space on bedside tables.
Natural light is key
The amount of natural light in a home is important to potential buyers and tenants alike. If your property is currently vacant, look at how much natural light your property is getting and think of ways to maximise the amount of natural light that flows into the bedroom. This may include changes to window coverings or removing obstructions outside if it’s possible. I also recommend showing the property at the time of day that offers the most natural light.
Whether you’re currently selling an investment property, or you’re looking for some fantastic new tenants, ensuring your property looks like a space where people want to spend a lot of their time is critical, especially right now.
Investing a bit of time, and possibly some money, now into making your property look and feel as liveable as possible will pay off in many ways depending on your objectives. You could sell your investment quicker than you expected, you may secure a better price than you wanted, or you may secure dream tenants, making a bit of extra effort now is completely worth it.
Remember, this article does not constitute financial or legal advice. Please consult your professional financial and legal advisors before making any decisions for yourself.
