April 2025 CT

Let’s Get Glowing! How Revitalizing Your Common Spaces Can Enhance Property Value and Build a Strong Community By Carrie Fusella, Design Alternatives Group, LLC

C ommon spaces — be it lobbies, corridors, or any shared area — are the heart of your community. These areas serve as hubs for relaxation, events, and fostering connections among residents. If these spaces in your community feel more outdated than inviting, it might be time to consider a Glow Up! Here’s why refreshing your common spaces is an investment that pays off in more ways than one.

1. First Impressions Are Everything — Lobbies and corri dors often serve as the first point of contact for prospec tive buyers, renters, or guests. An outdated area with worn materials, dated décor, or poor lighting can send the wrong message—that management isn’t prioritizing the upkeep of the community. Modern and well-main tained common spaces exude pride, care, and a sense of belonging, strongly advocating why someone should want to live or invest in your property. 2. Boost Property Values — A freshly updated common area isn’t just aesthetically pleasing—it can significantly impact the perceived value of the homes, units, or apart ments within the community. A stylish, functional space adds to the overall appeal of the property, making it more desirable and driving up its market value. Think of it as an investment that enhances the worth of every individual unit, not just the communal areas. 3. Foster Community Pride — Residents want to feel proud of where they live, and revitalized common spac es can be key in achieving that. Beautifully designed areas encourage residents to gather, host events, and engage more with their community. When the space CONTINUES ON PAGE 19

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Courtesy CAI-NJ.

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APRIL 2025