Are you a property owner looking to boost your rental income?
You can make your property more attractive and boost its value with the right upgrades. From simple improvements like fresh paint or new appliances to larger projects such as remodeling kitchens and bathrooms, there are many ways to increase the appeal of your rental home.
You’ll be able to charge higher rent for a better quality space that tenants will love. Plus, with these upgrades in place, you won’t have to worry about maintenance issues or costly repairs down the line.
Read now for help making smart investments in your rental property!
Clear Up the Yard
Start cleaning up the yard to make your property more attractive to potential tenants. Trim the bushes and cut the grass to maintain a neat appearance. Make sure all debris is removed to create an inviting atmosphere for renters.
Doing some basic landscaping can go a long way in boosting the curb appeal of your property and making it more desirable for potential tenants.
Clearing the yard of a rental property is an important task to ensure an attractive and safe outdoor area. Use this checklist made by the folks at www.neavemgmt.com/commercial-property-maintenance/ to make sure you don’t forget anything. The list includes:
- Remove debris such as branches and rocks
- Trim any overhanging trees or plants
- Mow and edge the lawn regularly
- Pull weeds from flower beds and around shrubs
- Check for signs of pests or damage from animals such as birds or rabbits
- Pick up any trash, pet waste, or discarded items in the area
- Inspect irrigation systems for proper functioning
- Make sure pathways are free of obstructions and hazardous obstacles
Increase Curb Appeal
To increase curb appeal, consider painting the exterior of the house and adding colorful plants to the yard. Installing new hardware on doors can also give your property a more polished look.
Changing out old furniture with updated pieces and repainting walls in neutral colors will create a modern interior design that potential tenants may find attractive. Adding some decorative touches like artwork or rugs can help create a cozy atmosphere.
Curb appeal is an important factor in rental properties and can influence the desirability of your space for potential tenants. Here’s a checklist of simple steps you can take to increase your curb appeal:
- Refresh or repaint the exterior of the property
- Install outdoor lighting
- Add planters or window boxes with seasonal flowers
- Replace mailbox numbers and other house markers
- Pressure wash walkways and patios.
- Upgrade fencing around the property where necessary
- Install a weather vane or birdhouse for extra charm
Upgrade Interior Design
To upgrade the interior design of a rental property, consider repainting walls in neutral colors to create a modern look. Replace old furniture with updated pieces that match the style of the home and can withstand wear and tear.
Investing in custom cabinetry or shelving is an effective way to help organize a space while making it look aesthetically pleasing. Add soft lightings such as lamps or wall sconces to give the space an inviting atmosphere. Incorporating decorations like artwork, rugs, and pillows can create a cozy feel for potential tenants.
Updating the interior of a rental property is a great way to increase its value and desirability for potential tenants. Here’s a checklist of simple steps you can take to update your space:
- Touch up any areas with marks and scuffs on the walls
- Replace old window shades, curtains, or blinds
- Update light fixtures with energy-efficient bulbs
- Consider replacing outdated appliances in the kitchen
- Clean carpets or replace them with rugs if needed
- Install shelves or organizers in closets
- Replace door handles, knobs, and locks where necessary
- Upgrade bathroom fixtures like showers and sinks as needed
Go Green
Going green when upgrading the interior design of a rental property can have a multitude of benefits that not only improve the attractiveness of the space and are economically and environmentally responsible.
Not only can eco-friendly furniture, rugs, and decor items add an aesthetic appeal to a rental property, but they can last longer and require less maintenance than traditional materials.
When selecting paint, opt for low-VOC options to reduce toxins in the air and make tenants more comfortable. High-efficiency LED bulbs can save energy and money without sacrificing quality, while water-saving showerheads and faucets can help keep utility bills under control.
All these upgrades come together to create an attractive living space for tenants and save money in the long run.
Improve Security
Upgrading the security of a rental property can be easy and cost-effective and add an extra layer of comfort for tenants. For example, install motion sensor lighting to deter burglars from gaining access to the building or balcony.
High-security deadbolts or chains can also help eliminate break-ins, and noise detectors to alert you of any suspicious activity. Avoid large bushes or shrubs too close to windows and doors that intruders could use.
Additionally, consider installing video surveillance systems inside and outside the property to monitor any suspicious activity in your absence.
Ensuring the security of a rental property is essential for both landlords and tenants. Here’s a checklist of simple steps you can take to improve the safety and security of your space:
- Install motion sensor lights outside
- Invest in an alarm system with sensors on windows and doors
- Reinforce door frames and install deadbolts
- Secure any outdoor sheds or other outbuildings
- Prune trees, shrubs, or hedges that could obscure windows
- Ensure all locks are functioning correctly
- Install secure window locks where necessary
- Consider installing surveillance cameras at entry points
Start Improving Your Rental Property Today
By making a few simple changes to your rental property’s interior design and security, you can boost its value and make it more attractive to potential tenants.
From repainting walls in neutral colors to installing motion sensor lighting outside, these upgrades are easy ways to make sure your rental is up-to-date with modern trends while also increasing safety for all those living there.
Taking steps now will help ensure that when it comes time for new renters or lease renewals, you’ll have no problem finding interested parties willing to pay top dollar for your space. So start improving your rental property today.
