In recent years, compact apartments (small-sized apartments) have been rapidly gaining popularity among city dwellers facing rising real estate prices. For many buyers, the question becomes relevant: how can a small space be turned not only into a comfortable home but also into a profitable asset for future resale? The personal story of Vika Reid, a specialist in transforming small apartments, clearly proves that even the most modestly sized spaces can surprise with their functionality and coziness.
The choice in favor of small apartments is understandable: they are affordable, easier to maintain, and open up more opportunities for young families, students, and investors. According to real estate market analysts, over the past three years, the number of studios and one-bedroom apartments in new buildings in Moscow and St. Petersburg has increased by 18%.
Living in such a space requires rethinking habits and approach to comfort. On the one hand, compact apartments allow you to save on utilities and renovations. On the other hand, they place special demands on ergonomics and storage organization. The dilemma arises: how to combine coziness and functionality in just a few dozen square meters?
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Vika Reid, with experience in business and fashion, became convinced: the size of the apartment is less important than proper zoning and investment thinking. After moving to Sydney and facing the realities of the market, she began to view studios as a platform for experimenting with interiors.
According to Vika, the key to success is the investor’s perspective. “Large spaces give you freedom, but true skill is revealed precisely in limited areas,” she shares her approach (source: interview with Vika Reid, 2023). The main task is to find a way to add value without excessive investment. For example, one of her studios was transformed into a one-bedroom apartment through smart remodeling and minimal costs.
In any compact apartment, it is necessary to identify the main element—the “hero”—which will become the visual and conceptual center. This element can be a unique window with a view, an expressive balcony, or an interesting wall with an unusual texture.
Vika describes her experience as follows: “I built a bamboo fence on a tiny balcony and placed a table with chairs there. Now, when you step onto the balcony, you immediately want to turn toward the sea and enjoy the view” (source: interview with Vika Reid, 2023). Even simple decoration of a relaxation area can completely change the perception of the space.
Renovating a compact apartment is a process that requires the involvement of several specialists at once. A builder, an engineer, and an interior designer are the minimum team. Without expert support, there is a high risk of making mistakes in remodeling utilities or load-bearing structures.
In one of her projects, Vika faced a non-obvious problem: the absence of a basement under the apartment. Thanks to timely advice from an engineer, it was possible to avoid unnecessary expenses and preserve the structural integrity of the building. “A reliable builder will always tell you what is really feasible, and a network of contacts helps find the best specialists,” she notes.
Overly personal design decisions can complicate the future sale of the apartment. Experts recommend using neutral shades and universal materials that appeal to a wide range of buyers (source: Realty Today portal, 2022).
Vika Reid advises observing the demographics of the area. Before starting renovations, she visits local cafes to understand who might potentially become the new owner. “I observe who comes in: young families, elderly couples, or students. This influences the choice of wall colors, materials, and even the layout,” she shares her method.