A building that stays exactly the same for twenty years slowly loses its appeal to buyers and tenants. Clearview looks for ways to refresh the common areas, update the technology and improve efficiency, so the building remains a first choice for residents. That supports stronger rents and resale prices for every owner.
Better than like-for-like
When a major component reaches the end of its life, the committee is given the choice of a modern, better alternative as well as a straight replacement. Often a slightly better choice today prevents a larger cost tomorrow, and lowers the running costs in the budget the owners vote on.
Where value is added
Common areas reviewed against today’s standards and refreshed with materials that last.
Shared spaces improved to suit how residents live now.
Efficient lighting, pumps and systems that lower the bills.
Access, security and connectivity brought up to date.
Major works planned to add value as well as repair.
An eye on what buyers in the area are looking for.
Every upgrade is put to the committee with its cost, its benefit and how it fits the sinking fund plan.