20
Feb

4 Points to Consider Constructing Residential Rental Properties

When you’re working in construction, it’s important to be aware of the latest trends and issues on the market. In doing so, you can make sure that you are giving your buyers what they want and what they need. With that in mind, here are some of the most prevalent problems in the Residential Rental Properties market today.

Constructing Residential Rental Properties – 4 Points to Consider:

Higher Standards

Experts such as Phil Lamb are proposing that construction teams and landlords need to put more focus on bringing their buildings up to the right standards. According to him and others in the industry, there is currently a shift in tenants who are moving away from renting properties in the city. Instead, due to the pandemic, they are choosing to rent and often buy in more isolated locations aware from urban areas. To entice renters back to the city, the constructed buildings need to offer a high standard of living. Now is the time to think about ensuring that these buildings have extra amenities and unique selling points that make them impossible to resist.

Fire Safety

When you are constructing residential rental properties, you need to make sure that fire safety is a top priority and this is what MEPF (Mechanical, Electrical, Plumbing, and Firefighting system) designers should consider in building design. There have been numerous horrors in recent years where buildings went up in flames and countless people died. If these buildings were built according to the right standards, many lives could be saved. There are a variety of ways that you can increase fire safety in a building like this. For instance, in the UK, owners of these buildings were forced to remove cladding from the building. Because it led to fires spreading far more rapidly.

Energy Efficiency

Of course, contractors should also consider how to ensure that the buildings that they develop are ready for the future. This means that there should be a focus on building properties that are green and designed for energy savings. There are a few ways to do this. For instance, you can think about ensuring that the building has solar panels. You can also consider developing the buildings to have metal panels on the exterior walls. These are highly useful as they will reflect heat from the sun keeping the building cool through the middle of the year.

Security

Finally, you do need to make sure that new buildings like this are designed with proper security. You should not leave it up to a future landlord to incorporate security elements. These need to be built in a state of the art CCTV and alarm system. Both will make these buildings more attractive to potential buyers. It gives them every reason to choose your building over other options on the market. The right exterior lighting can also work as a fantastic deterrent too. Therefore, it should be part of the main design work.

Property owners should construct their property with fireproof doors to provide hours of safety. This provides tenants with enough time to escape from the building in an emergency situation.