Creating Value with Design and Decorating

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.