How Can Open Space Add Value to Real Estate?

If you're like most people, you are probably always looking for ways to improve your property values. Whether you are planning on renting out your units or putting them on the real estate market, there is one addition that you should think about: installing kids playground equipment. From installing a playground slide to installing a swing set and other equipment from playground equipment suppliers, you might be surprised by how this improvement can increase your property value. You will look for all these things when buying a property and negotiating price with the help of buyers advocates Melbourne, so same things you can apply on your property. 

Make Your Property More Appealing

First of all, adding equipment from playground equipment suppliers is a wonderful way to make your properties more appealing. When people drive or walk by and see that you have a nice little park or playground, they are sure to find your property to be more interesting. It gives off a nice "family neighbourhood" vibe, and it can cause potential buyers or renters to want to call. Plus, you know that the kids who go past your property and who see this equipment are sure to get excited about it, which can help improve the parents' opinion of your property as well.

Fetch Higher Pricing for Your Property

If you are planning on renting out your property, you should know that a playground or park can help increase the amount of money that you can make each year. Tenants will often pay higher rent totals each month if they know that there are a park and other amenities for their families, so you can fetch higher rent and make more money off of your property. Plus, tenants will often be willing to stay in one place longer if it offers these types of amenities for their kids, which can help you save money on advertising, empty rentals and more.

According to National Property Buyers Brisbane, even if you are planning on selling your property or are just thinking about putting it on the market later, you could be surprised by how much more valuable it can be if you add playground value. Many people will want this type of equipment for their children to play on but won't want to bother with installing it themselves. Therefore, they may be more likely to pay a higher price for your property versus purchasing another property that does not have playground equipment. All in all, this can help you sell your home more easily and get more money for it when it does go on the market than if it didn't have this playground equipment.

As you can see, a park or playground can be a wonderful addition to your property. If you are looking to improve your property's value and make it much more appealing to buyers in your area, consider installing a playground slide and other kids playground equipment.

About the Author

Monica is a passionate writer and content creator. Her interests include outdoor activities, fitness, technology, entrepreneurship and everything in between. Say hi to Monica on Twitter @monical_lee.