Downtown Memphis has a ton of things to do and see: a multitude of live music hot spots, amazing BBQ joints on virtually every corner; this place was even the old stomping grounds for the King of Rock and Roll himself, Elvis Presley, so you know it must be cool.
With local tourism on the rise, word is quickly spreading about this hidden gem of a city just east of the Mississippi, and now is the perfect time to strike while the real estate iron is hot. Check out the following four reasons why renovating a downtown Memphis condo should be on your summer to-do list:
Return on Investment
Downtown Memphis real estate prices are down at the moment meaning investing a little can get you a lot in terms of resale value. Working with a designer at MH Akers, the leader in Memphis custom home renovations, can help you put a personal touch on any property turning a rundown living space into a sought-after home at a significant markup.
Quick Renovation Time
Depending on the amount of work there is to be done, a condo renovation can take as few as two months for its makeover to be complete. Most condo properties have little to no outside living space to worry about, so you can focus your time and energy on the “meat and potatoes” of the place and really get to work on making a substantial difference in a short amount of time.
A Little Bit Goes a Long Way
The average downtown Memphis condo spans somewhere around 1,000 square feet. New floors, counter tops, light fixtures, and paint, are just a few examples of simple upgrades you can make that will create a huge difference in your unit’s appeal over similar units in the same building.
Location, Location, Location
Purchasing a condo has become far more popular over purchasing a traditional single-family home as of late with the resurgence of urban living. Everyone wants to be close to the action, and downtown Memphis offers plenty of just that. It is home to literally hundreds of bars and restaurants, live sporting events, museums, and of course the Muddy Mississippi. Downtown Memphis condo living puts you steps away from a never-ending things to-do list!
Whether you’re planning to renovate a property to sell for profit or to keep for yourself, check out some local downtown Memphis listings today, and make MH Akers your very next call. Be sure to take a look at our portfolio on our website to see the types of custom renovations we can make happen for you! We look forward to making your dream home a reality.