The demand for apartment and multifamily housing is expected to continue to grow in Southeastern U.S., according to the National Association of Home Builders and Freddie Mac. Mostly due to the trends in demographics and preferences in lifestyle.
“Currently, median rents in Orlando average $1,030 for a one-bedroom apartment and $1,230 for a two-bedroom unit. Orlando’s year-over-year rent growth leads the state average of 3.7%, as well as the national average of 2.7%, Orlando Business Journal
There are a few things developers and builders of apartment housing need to remember during the construction phase.
Those who are making multifamily housing, home sweet home, are looking for an easier way of living.
Complete with appliances that can be remotely controlled, including smart outlets, locks, air conditioning and heat.
The newest trends integrate smart phones and devices with appliances, this way supplies can be replenished with just a couple of words.
Wood flooring and accents have gotten a new clean makeover. The unique coursed wood is very popular, creating rich texture and depth, making smaller spaces feel sleeker and larger. Tenants will also enjoy the sound control hardwood provides. The natural wood elements are a growing trend in floors, appliances, and accents.
Large and energy efficient windows with clean lines accentuate the open and airy spaces. While the energy efficiency saves them money on energy costs.
Warm tones and a few unexpected colors are trending, such as champagne, bronze, and matte black. For an unexpected surprise of color, gold and copper. Appliances and fixtures are also getting in on the fun with unique finishes, adding to the aesthetics in the kitchen.
Whether its new construction or renovations of Multi-Family housing in the Orlando and Atlanta areas, SWET Construction Group is a leader in the industry. From the roof to the foundation and everything in between, we give you the results you’re looking for. Keeping up with the current trends is vital to success, SWET Construction Group will meet and even exceed your expectations in a timely and professional manner.