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When renovating an investment property, considering accessibility isn’t just about compliance; it’s about creating a welcoming and functional space for everyone.
A simple staircase, doorknob, faucet, or light switch can pose significant challenges for people with disabilities or physical limitations. By embracing design choices that make the space universally usable, you can attract a broader range of potential buyers or tenants, ultimately boosting your return on investment (ROI).
8 Ways to Make a Home Accessible
Many upgrades that make a home accessible and mobility-friendly can be subtly integrated into renovation plans without compromising aesthetics. Here are eight improvements to consider when renovating real estate:
- Door Handles & Fixtures: Traditional round doorknobs can be difficult for people with arthritis or limited hand strength. Lever handles are an excellent alternative because they easily operate with a pushdown. Additionally, consider installing automatic door openers in critical areas to make entering and exiting easier for everyone.
- Curbs & Entrances: Ensure access to the home includes step-free options. Lower or remove curbs and installing gentle ramps where necessary. Widen doorways to accommodate wheelchairs or walkers, ensuring that all entrances are accessible to everyone. These adjustments aid those with mobility issues; they also make it easier for parents with strollers and anyone carrying heavy items.
- Stairways: Stairs can be a significant barrier for many people. If stairs are unavoidable, evaluate whether the space can accommodate options like stairlifts or home elevators if or when needed. Even if not installed immediately, designing with the potential for future installation can be a selling point.
- Bathroom Access: Bathrooms are critical areas for accessibility. Install step-in showers with seating options and hand-held showerheads. Consider installing “comfort height” toilets and adding grab bars for support. These modifications make daily routines safer and more comfortable.
- Non-Slip Flooring: Slippery floors can be hazardous, particularly for those with mobility issues. Choose non-slip flooring options such as low-pile carpets, textured tiles, or manufactured hardwood with a good grip. These materials help prevent slips and falls while still looking stylish.
- Lighting: Proper lighting is essential for both safety and usability. Install lighting to enhance the space, ensuring it’s effective from a seated level. Consider motion-sensor lights in hallways and common areas to reduce the need for switches. Adjustable task lighting in workspaces and kitchens can also improve functionality for everyone.
- Closet Configuration: Traditional closet layouts can be challenging for people with mobility issues. To make storage more accessible, include reachable rods and shelving at various heights. Pull-down closet rods and adjustable shelves can provide additional flexibility.
- Level Surfaces: Ensure all exterior paths, walkways, patios, and driveway surfaces are level and free of cracks or tripping hazards. These areas are often overlooked but are critical for maintaining a safe and accessible environment. Smooth, even surfaces prevent falls and make outdoor spaces more usable for everyone.
Making a property accessible is about thoughtful, inclusive design that considers the needs of all potential users. Integrating these accessibility features into your renovation plans can significantly enhance your property’s marketability and value, providing a compelling return on investment.
Consider a Hard Money Loan for Your Washington Real Estate Upgrades
Making strategic upgrades to an investment property adds to its ROI. Financing is essential in purchasing, renovating, and maintaining real estate, and traditional lenders are not always the best resource. Private money lender Gregory M. Russell partners with Washington real estate investors to provide flexible equity-based loans. We approve hard money loans based on your available collateral and repayment plan, helping you to grow your investment portfolio. Because hard money loans focus on property value instead of credit history and turnaround is quick, they are an excellent choice for fix-and-flips and property rehabs. Visit our online loan request form or call 1-888-477-0444 to discuss your real estate financing needs today.