Just because you are renting a home, doesn’t mean you can’t incorporate a range of personal touches. Sure, knocking down a wall or gutting the bathroom may be major changes that can also be pretty costly, but there are plenty of other modifications and enhancements you can make so that your property looks more like a home for potential tenants. Keep reading to find out what they are!
Fresh Coat Of Paint
Nothing changes the look and feel of a living room, bedroom, or kitchen more than a fresh coat of paint. Not to mention, it has the highest return on investment for small budgets. When ordering paint, make sure you order in bulk so you can get it at a lower price, especially if you have more than one unit needing an upgrade. Landlords, most often than not, opt to paint their properties in a neutral color, such as white or tan to appeal to the largest population of potential tenants, as it’s an easy color to style and opens up the space more, making it look cleaner.
Bring In Greenery
Regardless of the size or style of your rental house, every home looks and feels better when it has a display of plants. Not only can they add a gorgeous splash of color in spaces that lack depth, but houseplants are also great at keeping the air in your home fresh and clean by removing toxins and releasing oxygen.
Many houseplants, such as snake plants or succulents, are relatively low maintenance and will serve you well for years without much fuss. On the other hand, you can’t go wrong with artificial plants that nowadays look as good and realistic as the real deal without the trouble of keeping them alive or having to worry about the watering schedule.
Update Light Fixtures
When you walk into any standard apartment or rental property, you’re bound to notice one thing: the boring light fixtures. How you illuminate your living spaces can make all the difference in helping a plain, bare, and cold rental feel homey and inviting for the people. Fortunately, replacing dull light fixtures with contemporary ones is easy enough for just about anyone to accomplish in an inexpensive way.
If you’re intimidated by the process, however, incorporating alternative, smaller light sources is a simple way to instantly elevate a dull room. To keep every corner of your home well-lit while making a statement, be sure to use a combination of accent and ambient light. The result will be a well-balanced space that makes the tenants feel cozy.
Doors tend to show the most wear and tear in rental properties, usually because they’re in highly trafficked areas and can be easily affected by climate and the number of times you need to use them. Luckily, doors are an easy swap when upgrading a property and can be done in a matter of minutes. New doors can dramatically change the look of a space and won’t break the bank in the process.
Based on how old the property is, the windows may or may not be due for a change, as windows should be swapped out once they show signs of moisture build-up between the panes. This is a sign that the air is coming through when they’re closed or the frames are beginning to decay.
The most common window fixtures are double-hung windows. They not only help a property feel light and bright, but they are key for temperature control as well. Also, some other upgrades regarding the windows you can make include installing windows with blinds or blackout shades for better privacy.
Although higher-end countertops may be more costly, cheaper and outdated ones may cost you more in the long run since they’re more prone to staining and disrepair over time. Installing new countertops in natural materials such as granite, quartz, marble, or slate will instantly polish the kitchen and appeal more to potential renters while also giving your property a more luxurious look.
Swap Out Cabinet Doors
Replacing an entire cabinet fixture can be a bit more expensive, but you can swap out the cabinet doors for new ones instead. Doors that are of higher quality and are made of solid wood are a better option if you’re looking to make your upgrades go further, and they can easily be painted to match the cabinet fixture. To elevate the aesthetic further, you can always add sophisticated hinges and knobs as the final touch.
Add Entrance Lighting
Entrance lighting is one of the first things someone will see when looking at a property in general. If your house currently has outdated and dusty lighting, making the upgrade will give the front entrance of your property the special touch it needs to catch the eyes of tenants. Not only will it look great, but it will also add value to your property since we can agree that a new pendant light or chandelier over the front door adds a unique and welcoming touch.
Being in the position of a landlord, maintaining and keeping your property updated needs to be on top of your priority list to ensure you stay competitive and attract as many renters as possible, as renovating a property will help it increase in value and serve as a great passive income opportunity.
A property manager will know best how to guide you in elevating your property and highlighting its best features. They will advise you on what features you can add and how you can improve your existing ones so your property can be transformed into every tenant’s dream.
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