{"id":12551,"date":"2020-09-11T14:58:20","date_gmt":"2020-09-11T14:58:20","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=12551"},"modified":"2020-09-23T06:45:33","modified_gmt":"2020-09-23T06:45:33","slug":"three-ways-you-can-significantly-boost-your-business-propertys-value","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/three-ways-you-can-significantly-boost-your-business-propertys-value\/","title":{"rendered":"Three Ways You Can Significantly Boost Your Business Property\u2019s Value"},"content":{"rendered":"
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While home real estate prices are on the rise in the US, commercial property prices seem to be going the opposite direction, with prices\u00a0down 5.472% from last year<\/a>, according to Trading Economics. This is not a good time to be putting a business property up on the market. For now, you\u2019d do well to\u00a0improve your property\u2019s appearance and utility<\/a>\u00a0in preparation for when prices surge back up. Here are three ways you can significantly boost your business property\u2019s value.\u00a0<\/u><\/u><\/p>\n Income-Producing Additions\u00a0<\/strong><\/u><\/u><\/p>\n Amenities and extra facilities such as laundromats are also a great way to increase your property\u2019s value. They make the entire property look more fleshed out, and they add utility and convenience to the property. Why go out for a cup of coffee or to work out, if you can go to a fitness center and coffee shop within the property itself? This also increases employee productivity by decreasing travel time to the amenities they want. With these, your property can end up as a miniature commercial center of sorts, brimming with lucrative income-producing additions.<\/u><\/u><\/p>\n Property Improvements And Upgrades<\/strong><\/u><\/u><\/p>\n Another surefire way to add value to the property is to make improvements to it. Cosmetic additions make the area more marketable, and can even allow you to increase rent if you rent out some parts of the property. It\u2019s important to note that this doesn\u2019t just apply to the grounds and building exteriors, but interiors as well.<\/u><\/u><\/p>\n