There are different types of interior designs such as;
- Nautical Interior Designing Style
- Contemporary Interior Design Style
- Traditional Interior Designing Style
- Modern style of interior design
- Industrial interior design style
- Minimalist interior design style
- Mediterranean Interior design style
- Mid-century modern interior design style
- Eclectic interior designing style
- Beach-style interior design
A good interior design has many benefits and its one of the driving forces of real estate in Nigeria.
There are several categories of real estate namely: Houses, offices, industrial-warehouse, hospitality, retail, and agricultural/land. In this article, we will be talking about houses as a form of real estate.
Investing in real estate is one thing that’s always attractive as a lucrative business. This is because the value of housing properties increases with time. In Lagos Nigeria, we currently have so many people investing and affiliated with the real estate business.
Nigeria, being one of the most prominent African countries, not only has the largest economy but the highest population on the continent. There is a continuous and increasing demand for real estate. In 2016, the World Bank’s Open Data pegged Nigeria’s annual urban growth rate at 4.3%, indicating an increase in housing demand in Lagos, Kano, and Ibadan by 20%.
The increased attraction for lucrative real estate investment results in high competitiveness. This means that selling real estate requires more than just owning properties and putting them up for sale. It would help if you had a competitive advantage over others in the business of selling. A significant factor that plays a role in adding up the value of the property is the interior design. The interior design of a housing real estate business affects its value either negatively or positively.
Using interior design to sell your home
Here, you will learn how some interior design choices can increase the value of your home. When you put your house up for sale, your interior design decision will affect how long it will take before it gets sold out.
Space
One very effective strategy is using the right furniture and mirrors to increase the sense of space in a home. You need to arrange the furniture in a way that makes each room feel spacious, homey, and easy to navigate. For instance, the living room should be set up to create a comfortable conversation area. People are attracted to spacious houses and so space increases the value and willingness to pay more.
Home Staging
Don’t use cheap furniture, either. You don’t have to pay a lot of money to switch out your existing furniture — and you may even be able to rent furniture to stage your home. Either way, make sure the furniture looks nice, tidy, and inviting as no homeowner would buy expensive furniture for a cheap house, and this is a smart strategy to increase the perceived value of the house.
Permanent Design Features
Features that are likely to have the biggest impact on a home’s value are permanent. No one wants to live in a home with dirty, stained carpet or tiles so it’s always advised to use hardwood floors that add value and elegance to the home. They have a low maintenance cost, provide great long-term value, and are perfect for buyers with allergies. In other words, it is perfect for everyone. Common areas like the living room, dining room, and kitchen should be your main focus if you are going to add hardwood floors. The bathroom and kitchen are major contributors to the value of the home and so must be well-furnished.
Showing the potential of your home
A major reason why excellent interior design will make a home more valuable is that people pay faster and better when they can see the potential. Investing in the right interior design is never a waste of time, money, or effort as it increases the perceived value of the house.
