Getting outside during or after a hard day is one guaranteed way to lift your mood.
It’s not just an old wives’ tale—nature has immediate positive effects on physical and mental health, helping to reduce stress and anxiety and improve mood. This makes green spaces and communal gardens invaluable in multifamily properties, improving tenants’ quality of life and boosting retention rates while increasing property appeal and value.
Below, we take a look at the advantages of having green areas in your property and share some ideas for creating the perfect oasis of calm and enjoyment for your tenants.
Adding a community garden or outdoor space can transform your multifamily property in numerous ways and help you:
An attractive, well-kept outdoor space offers tenants a place to relax and unwind, giving them a reason to stay in the property rather than look for another home. Tenants who feel connected to their living environment are more likely to renew their lease, saving you from costly turnover.
Community gardens and well-maintained outdoor areas are often a unique selling point that helps your property stand out, particularly in busy urban settings. Prospective tenants looking for a pleasant, eco-friendly space are drawn to properties that offer well-designed outdoor amenities.
Shared spaces encourage social interaction, creating opportunities for residents to connect and build friendships. These community bonds can enhance the living experience and build a sense of neighborhood within your property, increasing tenant well-being and decreasing turnover.
Tenants are increasingly willing to pay a premium for eco-friendly, community-focused living spaces that improve their quality of life. Having desirable outdoor amenities often justifies slightly higher rental rates.
There are several features and amenities to make your green spaces more attractive, eco-friendly, and functional. A few to consider include:
With many possible features to consider and pros and cons to weigh up, designing a welcoming and sustainable outdoor area for your multifamily building may feel daunting.
To help you make the process less intimidating, follow the steps below:
As with any other project with multiple moving parts, you need a clear roadmap from vision to completion. A well-planned timeline and budget will ensure the project stays on track and within your financial limits. Be sure to account for installation and future maintenance costs.
Analyze your budget and timeframes and select contractors with experience in outdoor space projects for multifamily settings. Clear communication of the project’s scope, timeline, and expectations helps prevent disruptions to residents and keeps things running smoothly.
Looking after a green space can be time-consuming, so opt for native plants that thrive in your area’s climate. These require less water, fertilizer, and care, making them ideal for a low-maintenance, sustainable garden.
LED or solar-powered lights can extend the use of outdoor spaces into the evening without spiking utility costs. Thoughtfully placed lighting also creates a cozy and inviting atmosphere.
Permeable paving is attractive and helps manage stormwater, reducing the risk of flooding and protecting the environment.
Recycled materials bring character to the space while reinforcing your commitment to sustainability. For example, pick furnishings such as benches, raised beds, or decorative features made from repurposed wood or metal.
Provide accessible recycling and waste bins and clearly signal what goes in each bin to make it easy for residents to keep the area clean. This small step promotes a well-maintained, organized space.
Adding birdhouses or feeders brings nature closer to residents, creating a peaceful and engaging environment that enhances the garden experience. Ensure you adequately manage these features to prevent health hazards for animals and residents.
Set aside time to research resilient plants that stay lush with minimal intervention and ideally require less water to thrive. This will help you conserve water and reduce maintenance needs and costs while ensuring the space looks fresh all year round.
Invest in durable, eco-friendly outdoor furniture that can handle the elements. Look for pieces made from recycled or sustainably sourced materials and ensure they will work well in your specific climate and property.
Once the project is complete, regularly inspect the space for any issues and plan for routine maintenance to keep it safe, clean, and appealing.
💡 Pro tip: Once your outdoor area is up and running, let tenants know the rules and hours of use so they can help look after the space and equipment.
While green spaces can mean a significant investment in time and money, they bring many long-term benefits to your multifamily property. From fostering a sense of connection to enhancing property appeal, outdoor spaces improve the tenant experience, contribute to retention, and increase property value.
With thoughtful planning, eco-friendly amenities, and sustainable design choices, you can transform your property’s outdoor space into a thriving, beautiful area that tenants enjoy and is beneficial for both your portfolio and the planet.
Want to discover more ways to keep your multifamily property more sustainable? Learn how Minut can help.