Question

In: Finance

When thinking about retail properties, what design elements add value to the property, and why? What...

When thinking about retail properties, what design elements add value to the property, and why? What are particularly well-designed elements or a particularly poorly designed element for retail properties?

Solutions

Expert Solution

Retail properties need to have embedded design elements which will be enhancing the overall value of the retail properties and these design element like decorating of the retail property along with eliminating any kind of defect and Refurnishing and completely Renovating it, so that this property is will be able to fetch a higher value in the market.

These additional embedded design element will be increasing the life of the property and leading to attract various potential customers.

Well designed elements of a retail property will be including the elements of interior decoration and dealing with the structural issues and addition of the heating system and Re-wiring of the house or new windows of the house and these all embedded elements can appreciate the value of the retail property

Poorly developed retail will be all such damaged interiors which will be unattractive to the buyers and they will be leading to a lower price.


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