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Does Interior Design Add Value to the Property

Does Interior Design Add Value to the Property?

May 13, 2023

Does Interior Design Add Value to the Property?

When considering how interior design impacts the value of a property, the simple answer is that, yes, Interior Design adds value to a property. However, not all design is equally valuable, and not all interior design provides an equal return on investment. Here are some tips and tricks to maximize the value of your home with interior design.

The Impact of Interior Design on Property Value

When updating a home for sale, many people reach for the obvious solutions, like high-end appliances, creating neutral color palettes, and adding houseplants. Those are simple, effective ways that almost anyone can update a home for sale, but professional interior designers have training and experience that allows them to have a much more significant impact. Some of the ways that professional interior design can improve property value include:

  • Improving functionality and space utilization. Interior designers are experts at optimizing usable space for functionality and lifestyle. Whether it’s the odd corner behind the stairs, the cupboard that is a bit hard to reach, or a floor plan that doesn’t flow naturally, solving these issues helps a property become more efficient.
  • Upgrading materials, fixtures, and finishes. When selling a home, it’s important to intelligently assess and consider upgrading your existing materials and finishes. Flooring and carpeting may be worn, light fixtures may be out of date, and faucets may be old-fashioned. An interior designer can find the most effective upgrades to add elegance and value to the home.
  • Energy efficiency and sustainable design solutions. Sustainable design is more than a trend: it’s a new way to live in our homes. Making energy-saving improvements is a great way to add value to a home because it will save the buyers money every month in energy costs. While most people think that energy efficiency depends on the home’s structure, with factors like insulation, roofing, doors, and windows, interior design actually plays a huge role in energy consumption. Upgrading window treatments to maximize natural light while improving insulation value, adding ceiling fans with energy-efficient lighting, and choosing natural materials without VOCs are all ways that interior design can make a home more eco-friendly. By reducing energy consumption, improving indoor air quality, and using nature to make spaces more comfortable, you can add value to the property while also supporting the environment.
  • Enhancing aesthetic appeal and comfort. And naturally, interior design is best recognized for making spaces look beautiful and stylish. Interior designers are on top of all the most current home design trends and know what buyers are looking for in a new home. They can make your home look and feel more appealing, more upscale, and more valuable.

The ROI of Interior Design in Home Value: When to Spend and When to Save

When does it make financial sense to invest in interior design for your property? There are three crucial times when it makes sense to hire (or at least consult) an interior designer:

  • When you buy a new home, even when you love your new home, it may take a lot of work to make it into your dream home. It’s important to not just consider your style, but your lifestyle. An interior designer can assess how you will use the spaces in your home, and help you create an interior that maximizes your square footage, reduces energy bills, creates feelings of calm and comfort, and reflects your unique style and personality. Professional interior design is simply the best way to turn a new home into your ideal home.
  • When you have a major lifestyle change, when you are expecting, when you become an empty-nester, when you are retiring or starting a new endeavor from home, when you or a family member have a big change in health and ability… these changes don’t just affect your life, they affect your home. While you may be considering turning a room into a nursery, a bedroom into an office, or a garage into a living suite, it’s critical to consider all the other impacts these life changes may have. A professional interior designer will help you rethink your kitchen or bathroom, revise a floor plan for greater safety or accessibility, or create a professional workspace in your home.
  • When you are preparing to sell your home or when it’s time to sell your home, an interior designer can help you spend your budget wisely, making the upgrades that really make a difference to home buyers. The best areas to spend and save to improve a home’s resale value in 2023 are:
    • Bathroom updates. Investing in simple updates and upgrades in the bathroom returns over 100% on investment. Fresh paint, new floors, and updated fixtures add the most value. Instead of replacing or refinishing big bathroom features like the tile, tub, or shower, invest in cleaning and replacing caulk and sealants.
    • Outdoor living. Spending on exterior home improvement projects has had a much higher rate of return since the pandemic, with many investments returning over 100%. Improving landscaping with native and low-maintenance plants, adding composite decks, and upgrading sustainability in your lawn and garden are great investments in your home value.
    • New flooring. New hardwood floors and wood floor refinishing are the hottest home investment at the moment, with new hardwood floors returning as much as 147% of your investment. Adding a sustainable, eco-friendly, low-maintenance floor is a fantastic way to improve the value of your home.

On the other hand, you can skip investing in a finished basement, major kitchen remodel, in-ground swimming pool, or garage conversion.

The simple truth is that good design adds home value and bad design reduces it. Professional interior design is an excellent investment in the resale value of your home, and J.Fisher Interiors knows how to maximize your budget for the best return. Contact us for more information.

Contact

J.Fisher Interiors’ studio is located in east Austin. To schedule your consultation appointment, please fill out the contact form or call us at 512.954.0904. We would love to hear from you!

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``Working with Jen was fantastic. She was extremely professional and finished on time and on budget. Very creative, efficient, accountable and I love the outcome. I was very pleased with the experience and highly recommend her to transform your home.``
JEFF HOPKINSPROJECT DATE: SEPTEMBER 2015
"Jennifer Fisher has a true passion for interior design, and it is evident in her work ethic. She is a professional with the artistic ability to produce exceptional results. That is why I can strongly recommend J.Fisher Interiors for any decorating needs or projects you may have."
Dean Crassas
"Very professional, reasonable and creative services. Worked within my budget and was always timely on requests and suggestions while meeting the decor selections for my contractors scheduling deadlines. I would recommend J.Fisher Interiors to all of my friends."
Marc Buffkin
The whole experience working with J.Fisher Interiors was excellent. My home looks amazing and there was a nice balance between brand new pieces and the vintage treasures that Jen was able to find. Unlike past experiences with designers, where my budget was ignored, she took great care in working within the budget and delivering a stunning space that I enjoy living in and get tons of compliments on…"
Kevin Warden
"Jennifer is helping us with a full remodel of our house. She has been instrumental in helping us with fixtures, colors, inside and out, our pool remodel, the entire project. She has been extremely professional, available, communicative and has really listened to our feedback and what we are looking for. She has kept our deadlines and budgets on track and really gives us a variety of options to consider. I am so thankful to have her, I do not know where we would be without her!"
Kristina Weiss
"Jennifer jumped in to do a project for our office, and we couldn't be happier with the level of professionalism and skill with which she operates. She got the job done in a timely manner, her pricing was reasonable, and now, our team has been enjoying the space so much more. I'd highly recommend her expertise to other companies or individuals looking to freshen up their space."
NadaMoo Ice Cream
"As a recent divorcee, I rented a condo in a rush and it was a mess -- dark with an odd mixture of colors and styles. Jennifer worked quickly to completely transform the space using cost-effective options that made sense given that I might only be in the unit for one year. In addition to designing the space, she also served as a project manager for the work. She is very dedicated, works quickly and efficiently, and has a very professional and pleasant demeanor. She has a definite style and sensibility but also adapts well to her clients' tastes. I couldn't be happier with the result."
Jeff Binder
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Interior Design Consultation

J.Fisher Interiors’ studio is located in  Austin. To schedule your consultation appointment, please fill out the contact form or call us at 512.954.0904. We would love to hear from you!

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