New Property Features to Gift Your Residents With This Holiday Season

By Danielle Wirsansky on November 18, 2017

The holiday season is nearly upon us, and you know what that means: gift-giving time! As a property manager, obviously it is not your responsibility (nor is it feasible) to give individual gifts to each and every one of your property’s residents, yet the holidays do call for something.

Why not kill three birds with one stone and give a gift, one that can be enjoyed by all residents, and that helps increase your property value? Think of this as a gift that keeps on giving. Give your residents a gift in a way that invests in your property’s future success. Add a new property feature for all to enjoy!

With that being said, deciding to add a new property feature is not the same as knowing which property feature to add. Read on for some suggestions on property features you can gift your residents with this holiday season!

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Add a Picnic Nook

A simple addition to your property that all of your residents can enjoy is a picnic area or nook! This suggestion can be a great option simply because of how flexible it is. You can start off small by getting only one picnic table and making sure the grass stays mowed in that area. You can slowly add to it, developing one table into a full-blown nook for everyone to enjoy every year.

You can upgrade the table, add an umbrella, landscape, or pave the area, add more tables, add a grill — the possibilities are endless! By adding more to it over time, it will also show your residents that you are committed to beautifying the property, offering residents more opportunities, and making the property feel more like a home.

Giving residents an area to come together outside to dine with each other or their guests makes your property more desirable because it gives them more options and helps to foster more of an inclusive environment.

New Pool Furniture

Another great idea for a property feature addition is to develop your pool area with some furniture! Some apartment complexes think that simply having a pool and keeping it up is enough. To be truly competitive, you should go a step further and make your pool area into a truly communal area for residents.

Offer seating for residents who either want to chill by the pool without dipping a toe in or want to sunbathe, for those who want to sit for a moment and get ready before they enter the water, or for those that need a place to sit after they have gotten themselves out of the pool and need to gather their belongings.

This is also another feature that you can add onto with each year to show your property’s community that management cares and is taking their needs into account. Start by adding some chairs. Add on to that with some tables. A couple umbrellas are nice. Maybe a lounge chair or two? Whatever you feel comfortable with setting up and maintaining, start there.

Residents will appreciate each addition as it is presented. It can be difficult to have a pool on property as it is due to its maintenance, but it is a feature that many residents find absolutely important in their property search. Make it one of your property’s best features, instead of something simply tacked on.

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Recycling

RecyclingToday.com reported that “the top finding from the 2015 [second annual Cox Conserves Sustainability Survey] is that millennials have a huge appetite for sustainability and will drive adoption of these practices. Millennials showed greater knowledge about sustainability than other age cohorts and a strong interest in implementing sustainable business practices, but noted that in their current roles, they lacked the influence needed to effect change.”

If you are particularly interested in attracting student renters, making your property environmentally friendly can be a huge boon by helping to attract new student renters and maintain the ones you already have as tenants.

A great way to tap into your student renters’ interest and passion in sustainability is to offer the option to recycle. Many properties just have garbage collection and do not offer another place for recyclables to be put or collected. This can be very off-putting for students who may not have the ability or means to get their recyclable goods off the property themselves. By having the city come by to collect recycling, you will appeal to the millennial that makes up so much of the current student renter population.

It is a simple addition to your property, and more than just using it to help attract student renters, you can do it knowing that you are helping to make a difference in this world and with your property.

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