We have often heard how amenities like 24/7 security, secure parking spaces, and smart homes can enhance the value of residential buildings. But have you heard of the value of commercial play equipment in real estate? Yes! Outdoor recreation infrastructure adds value to property and builds community living.
Indeed, playground ROI is real
ROI or returns on investments measures the profitability of an investment by calculating the gain or loss compared to the initial investment cost. For property dealers, investing in playground equipment and landscaping furniture adds value to the property, thereby enhancing the returns on the initial investment in play equipment.
How does commercial play equipment add value to real estate?
Enhances property value
Selling an apartment in a building is not all about promoting square feet. Adding amenities to the space can increase its appeal and sell better. In fact, a survey published in the National Association of Realtors Report found that proximity to parks and play areas increased property value by at least 20%. Further, a research paper published in the National Library of Medicine in 2022 suggests a link between residence prices and park amenities. Residences located close to parks and play areas showed a significant increase in prices.
So, when developers include a planned play area with outdoor play equipment for parks, they can expect higher rates of revenue.
Decreased marketing costs
Real estate owners who have invested in playground solutions for housing communities often report reduced marketing costs. This is because the outdoor recreation infrastructure and landscaping itself becomes the selling feature for property buyers and tenants. So, the value of playgrounds in real estate is greater than just aesthetics.
Faster rates of occupancy
Playgrounds, landscaping, and outdoor recreation infrastructure in residential complexes increase the desirability of the property for home buyers and also tenants. This results in faster occupancy rates and fewer vacancies.
Supports the property developer’s brand image
Investing in quality play area equipment supports a property developer’s brand image by acting as a key differentiator from other property developers. Showcasing a well-furnished children’s play area appeals to target buyers, especially families seeking community living.
So, not only does the developer build a family-friendly image, but also contributes to community building by developing spaces for interaction among neighbors and children. A property developer investing in playground solutions for housing communities is also regarded as an investor in lifestyle.
Long-term ROI for commercial spaces
Recreation infrastructure adds long-term value for commercial spaces. How? Commercial play equipment in malls and shopping complexes increases walk-ins and foot traffic. So, parents of children tend to stay longer in malls and shopping complexes with play equipment. So this increases the chances of enhanced sales and profits for shops and family-oriented brands.
Bluestream- building playgrounds that spark joy
For quality commercial play equipment for sale in UAE and Saudi Arabia, Bluestream is a name to reckon with. We are a leading manufacturer of landscaping furniture, including play equipment and also smart city solutions. Over the years, we have created designs that resonate with the public. From colorful play equipment for children to ergonomic park benches, we are the top urban landscaping solutions company. We create safe spaces with endless adventure. Contact Bluestream for commercial play equipment in UAE and Saudi Arabia.
