Unexpected Expenditures When Doing Senior Apartment Design via DIY

21 July 2022      

As is often the case, at first it seems doing it yourself is the economic way to go. We know this is true as it pertains to designing senior living space because an often repeated phrase we hear is, “We wish we would have just contacted you first”. It mostly boils down to hidden costs that you never saw coming and the failure to capitalize on your senior décor consultant enjoying wholesale pricing on their furniture stock. Those savings are passed onto you. So let’s help you understand what your getting into.

The following are some of the hidden costs when setting up a senior apartment unit DIY approach:

1. De-prioritizing Administrative Tasks To Make Time For Apartment Set-up - If you pull out your team to execute your apartment set-up process, you will likely deviate your employees from their main jobs. Designing and furnishing a senior apartment could take lots of hours, which means you will compromise vital tasks such as assisting existing residents, generating new leads, and accomplishing administrative duties.
2. Missing Occupancy Opportunities - Your staff should be focusing on increasing your occupancy rate. However, if they spend a couple of weeks on design and decor installation of new apartment units, your team can miss opportunities to cater appointments, provide tours to prospects and close new deals.
3. Higher Pricing - When purchasing furniture and other essentials to your senior apartment units, you will likely pay full retail price for the items. Without a professional interior designer at your side, you won’t be able to avail wholesale pricing based on bulk orders or take advantage of industry relations.
4. Unanticipated Expenditures - You can get unanticipated expenses as you set-up your unit, particularly if you are trying to lessen your employee’s involvement in the process.
   You need to hire other people to move in items or clear away trash from the area. If you haven’t considered the cost of hiring a moving service to give you a hand in lifting hefty objects, you’re likely to go over your funds.
5. Reduced Lead To Lease Conversion Rate - It is integral that your design should match the preferences of your prospects in order to close a deal. If you haven’t considered this when you build out the unit, you might not be able to get a lease. Moreover, you could wind up settling on lower quality furniture that can easily discourage prospective clients when you are trying to scrimp on the budget.

Let Senior Decor help you! We provide turnkey senior apartment design and installation services. Let us handle everything for you so you’ll know exactly what you are paying for every step of the process. Contact Senior Decor to learn more about how to maximize your budget on your next senior apartment unit.