In late 2018, the National Association of Realtors cited statistics suggesting the direction the downtown San Diego condo market could take in 2019. The seller’s market conditions of last year will likely soften because various factors will come into play, and the most important is home affordability, which is expected to stabilize listing prices. With market conditions shifting this year, buyers and sellers in San Diego are both in positions to benefit, and hiring an interior designer could make a substantial difference in terms of real estate success. Here are some scenarios in which hiring an interior designer is the right call.
Completing a Loft Renovation
Lofts in downtown San Diego are always trendy, and they’ll be even more so in 2019. For example, owners of lofts in the Gaslamp Quarter could realize a handsome profit if they let an interior designer handle a complete renovation prior to listing. A loft remodeled in the Minimalist style, which has traveled from Tokyo to California in recent years, will surely attract wealthier buyers, but it takes a professional designer to develop the right look.
Making a Market Statement
Competing in a housing market such as the one for downtown San Diego real estate isn’t easy, particularly when there are new penthouses in boutique condo towers listed for millions of dollars. One way to compete against these choice listings is to retain the services of interior design professionals with the specific purpose of making a statement—in other words, transforming a condo unit so it looks more fabulous than those already on the market. A smart strategy in this regard is to hire a renowned designer whose name will justify a higher sales price. Naturally, you’ll need to sell the unit complete with furniture and accessories, but you’ll stand a good chance of recouping your investment.
Making a Personal Statement
Condo buyers are pretty much locked into the architectural style of their buildings, but this restriction doesn’t have to apply to living spaces. Let’s say your building features a Mediterranean revival look but your personal style leans toward Art Deco with a touch of Space Age. Since this combination is highly stylistic, you’ll likely want input from a professional designer. Keep in mind that a designer doesn’t have to do everything—you can budget just for consultation sessions to envision ways to carry out the project.
Including Interior Design as Part of Your Life
If you’ve been thinking about a career in architecture, interior design, or real estate investing, seeing a designer in action could prompt you to take the next step. The designer you hire could become a business partner should you choose to invest in San Diego real estate properties to renovate and sell for profit. It should be noted that designers tend to be well connected with real estate agents, contractors, and architects.
Working with a professional interior designer can be a very smart move for sellers in an increasingly competitive housing market. Another intelligent choice is to work with real estate professionals who know the ins and outs of the real estate market in your area. The experts at 92101 Urban Living have years of experience helping clients sell properties in downtown San Diego quickly and for the highest prices. We can help you maximize your home’s appeal for prospective buyers. Call one of our friendly agents today at 619-649-0368.