Top Trends for Amenity Management to Look Out in 2022

The pandemic has changed everything about our lives. How we learn, work, shop, socialize, and move about our communities has all been affected by our need to keep social distance and reduce the potential for contact with viruses. As a result, trends in architecture, education, ecommerce, and even civil engineering have emerged to meet the needs of our markedly-changed society. That includes what residents look for in a home before they sign a lease. In this article, we’ll explore some of the trends in rental properties that have emerged as a result of the pandemic, including amenity management.

Property-Wide Smart Access

Controlled access to the community, property amenities, and parking is a necessity for renters. 28% of renters will not rent at a property without controlled access parking and 20% will not rent without controlled property and amenity access. Overall security is a primary concern, and as physical security technology advances, residents are demanding and expecting it as part of their environment. For renters, smart access is flexible, streamlined entry to the property for themselves and their visitors while still maintaining the highest level of security. This includes two-factor authentication for property access such as mobile unlock or biometric credentials. Video intercom and remote unlock allow residents to visually verify and grant access from anywhere, and scheduling PIN access or generating one-time guest access is the convenient visitor management that residents want.

Video Intercom

While a video intercom system is a function of property-wide smart access, residents are asking for this solution specifically. According to a survey, 48% of residents are interested in having a video intercom system at the main entrance of their property and would be willing to pay an average of $33 extra per month for it. The renter’s survey even indicated that 5% of residents, which is approximately 11,050 respondents, would not rent without a video intercom at the front entrance of the property.

Property Dog Park

The remote and hybrid work movement had prompted a ripple effect placing a much higher priority on pet-friendly buildings and amenities. Private property dog parks add an enhanced sense of community, green space, and most importantly convenience for residents and their pets. On average, residents are willing to pay between $35 – $40 per month for pet-friendly amenities such as on-site pet services, private dog parks, and dog-washing stations.

Fitness Centers and Property-Wide Recycling Programs

21% of renters consider on-site fitness centers a necessity for amenity management and are willing to pay an additional $40 per month for this amenity. Swimming pools, hot tubs, and saunas are typically included as part of or near these fitness centers and also have considerable interest from residents with 73% interested in a swimming pool and 53% interested in hot tubs and saunas.

69% of surveyed residents were interested in a property-wide recycling program and another 56% indicated that they were interested in a specialty recycling program. Altogether 17% of residents consider these programs a necessity to rent.

Elevated Living is a rental property management software company that provides services such as amenity management solutions (elevatedliving.com/Amenity-Management), hotel style personal services, and resident engagement programs to the building owners, developers, and multifamily property managers. To know more, visit https://elevatedliving.com/about-us.