The most anticipated shopping holiday of the year, Black Friday, takes place each year the Friday after Thanksgiving. Last year nearly 102 million consumers braved the crowds on Black Friday to score deep discounts on goods, resulting in 655.8 billion in spending. This year, it’s anticipated that consumers will spend a whopping $682 billion on Black Friday 2017, which is a 4 percent increase over last year.
Home improvement is one of the top categories of products where consumers are hoping to find good deals on Black Friday 2017. After all, many consumers are taking advantage of the deals offered on this shopping holiday to make purchases for themselves.
Here are the most anticipated Black Friday deals on home improvement products that residents in your HOA community can take advantage of to bring value to their properties:
- Landscape Lighting
One of the best ways to add immediate curb appeal to a property and increase home value is to install landscape lighting. In fact, real estate experts say that well-executed landscape lighting can increase a home’s value by as much as 20 percent. In addition to benefiting the property’s curb appeal, illuminating the property’s outdoor space offers increased safety and security.
For those that want to take a do-it-yourself approach to landscape lighting, big box retailers such as Home Depot and Lowes are expected to offer hefty discounts on outdoor lighting. For the most benefit to property value, consumers should look for discounts on low voltage landscape lighting.
- Smart Home Gadgets
Today’s buyers want a move-in ready home that features the latest energy efficient technology. Property owners can make their homes more efficient and appealing to future buyers by installing smart home gadgets. Many of these smart gadgets allow residents to control key aspects of the home via their mobile device.
Property owners that want to bring their homes up to speed with the 21st century can expect to score big deals on smart home gadgets this Black Friday. Some of the best deals on smart home gadgets to be on the lookout for include the Nest Learning Thermostat, the Nest Cam Security Camera, Amazon Echo, Google Home, and Amazon Smart Door Lock.
Giving a home a fresh coat of paint has always proven to be an effective way to boost property value. Paint is commonly overlooked on Black Friday, although it’s one of the best deals that consumers will find on this shopping holiday. Last year Sherwin Williams offered 30 percent off of all paints and stains on Black Friday, which offered significant savings to property owners that wanted to freshen up the exterior or interior of their homes.
As you can see, Black Friday offers much more than just deals on holiday gifts for family and friends. Savvy property owners should use this shopping holiday to take advantage of big discounts on home improvement items to benefit the value and curb appeal of their properties.
Our team at Vesta Property Services has more than 25 years of experience in curating ideal residential communities in Florida. Contact us to learn more about how our property management services can benefit your Florida HOA community.