Whether they own or rent, people want to be proud of where they live and feel good coming home. And whether it’s a custom single-family bungalow or a condo in a three-story multifamily building, first impressions are everything and comfort is paramount. Multifamily dwellers don’t want to sacrifice simply because they share walls and common areas—and savvy developers and builders are responding by paying closer attention to exterior facades and outdoor amenities.
Many trends trickle over from single-family design, and that’s certainly the case with the drive toward multi-textured facades. The days of building a 120-unit monotone apartment building with plain block under gray vinyl are fading fast. Like single-family homes, more multifamily properties are emerging with a blend of cladding materials and colors, such as stone and siding, EIFS and stone, or stone and brick. Leveraging multiple textures adds visual interest while adding dimension and differentiation between buildings, while accents and trimwork provide essential finishing touches. The resulting looks lean more home-like and comfortable instead of industrial and one-note.
Versetta Stone and TruExterior Siding offer an ideal combination for achieving these looks. Versetta Stone siding offers the look of stone but with a panelized format that installs like traditional siding along with a built-in rainscreen. Made with poly-ash technology, TruExterior Siding comes in a range of authentic profiles and can be painted any color, including dark hues that look great in multifamily buildings in urban or suburban areas.
Along similar lines, we’re seeing variation in dimension, with more balconies, decks, recesses, and bumpouts. Along with adding aesthetic appeal and differentiation, these features can help define individual units.
Because multiple materials also often means multiple trades, it increases the risk of failure in the wall system. Extra caution should be taken to ensure everyone works together and plans ahead collaboratively and schedules thoughtfully to ensure the integrity of the air and water barriers.
In fact, it’s wise to create a small-scale mockup, which will allow for more careful planning and upfront identification of problem areas.
COVID-19 lockdowns were harder on multifamily dwellers, who don’t have spacious yards to escape to, and further brought attention to the need to incorporate outdoor features into condo and apartment buildings. Creative incorporation through balconies, roof decks, courtyards, and pocket parks should be top of mind for builders, as the desire for these spaces isn’t likely to fade even as the pandemic does. Shared outdoor areas with fire pits and lounge seating are an ideal way to not only provide more room to move, but also build a sense of community that may keep tenants in place for longer.
The pandemic also saw a significant increase in pet ownership, so incorporating dog parks or dog-friendly areas also can be beneficial to residents and property managers alike.
On the transportation front, the impact of both electric bikes and electric cars shouldn’t be ignored. Consider not just space for bicycle parking, but covered areas that can protect electric bikes. And factor in spaces in your parking facilities that can accommodate car charging.
Fannie Mae expects the trends that helped multifamily turn around in 2021, following the impact of the pandemic, to continue elevating demand for the next five years. Ensure your properties are at the top of buyers’ and renters’ lists by keeping aesthetics, performance, and occupant comfort top of mind.