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Creating Value with Design and Decorating

Toronto Condo News
Publication date:
July 24, 2020
Article Summary: 

Updating and renovating condo common areas can be done for various reasons such as modernization, changing interests, demographics, and building codes. However, condo boards have a fiduciary duty to protect the investment of all owners and should carefully consider redesigning and redecorating. Employing a professional interior designer can help in renovating or providing expert advice and guidance. Budget constraints can be overcome by making smaller changes, such as changing art, painting, or re-upholstering, improving lighting, and adding plants. Updating common areas every ten years is crucial to avoid stagnation, maintain marketability, and increase resale value.


condo, common areas, redesign, redecorating, fiduciary duty, interior designer, budget constraints, marketability, resale value, curb appeal.

Source Citation: 
Toronto Condo News
Creating Value with Design and Decorating
July 24, 2020
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