A lot of people think that upgrading a rental house is expensive or difficult, but if you’re smart about it, it can be done a lot easier and be more affordable. In fact, there are numerous inexpensive or free ways to improve a so-so rental property’s appeal and make it something that prospective tenants want. You can do a lot to improve your rental home by doing a bit of low-cost resurfacing, and also swapping out some hardware or fixtures. These simple touches can turn your single-family rental property into a home tenants want to rent. In fact, you can significantly boost your Kenmore property’s appeal with these five simple upgrades.
1.Don’t Forget the Details
Interior decorators know very well that a little goes a long way. They know that by adding just a few small touches to a home, you can make such a huge impact. It’s the same thing for single-family rental homes. Replacing cabinet handles and drawer pulls with new ones can add both beauty and function to a bland kitchen. This would instantly upgrade tired old cabinets.
Another detail that can make a home interior feel put together are faceplates. If the faceplates are cracked or mismatched, the feel and visual appeal of a room really get dragged down. By the simple act of replacing each faceplate with new, matching ones, you can make each room in your rental house much more attractive.
2.Changing Hardware and Fixtures
Just as small details like faceplates and cabinet handles can have a big impact, so too can replacing small hardware items (like doorknobs) and light fixtures. After some years, hardware and light fixtures can tarnish, making them look old and dated. This can affect the way a prospective renter looks at a rental home’s interior. It may give them a negative impression. But by the simple act of updating old light fixtures in key rooms, adding a ceiling fan in a bedroom, or adding matching doorknobs, locks, and other hardware, you can produce a visual appeal that far exceeds the cost. You don’t need expensive hardware and light fixtures, either. A basic fixture that’s clean and modern will do the trick.
3.Spot Paint the Walls
Repainting a rental home’s walls is one way to achieve that fresh, clean look that tenants love, but it is also possible to achieve a similar effect by doing small touch-ups. It really depends on the level of wear and tears your walls have, but you’ll rarely need a full paint job between every tenant. If you’ve saved paint or paint chips from your last paint job, then you could simply fill in any nail holes or other damaged areas with putty and then paint over the repaired patches. By doing this, you are giving yourself walls that look freshly painted but aren’t spending too much time or money.
4.Resurface the Countertops
The look of countertops has a great effect on the property’s overall appeal. A beautiful countertop can give your rental home’s kitchen or bathroom a custom look and an upgraded feel. Fortunately, it is not necessary to install granite or other expensive options to achieve this same result. There are many different countertop resurfacing kits available that can give your old countertops an instant facelift without the designer price tag.
5.Landscape for Free
A rental home’s landscaping is a very important part of a property’s curb appeal. In fact, it may even be the driving factor that convinces a tenant to choose your property over another. A clean, low-maintenance yard is ideal for rental homes, but tenants enjoy trees, flowers, and other beautifying elements as well. To add some low-cost color and green to your rental’s yard, you may want to visit your local utility or city website first. Many cities have programs to help the environment where they give away free trees or plants to people– property owners included. Also, make sure to check the “Free Stuff” section of your local classifieds. In these ads, you’d see that people would advertise just about anything they no longer need– including shrubs and trees. In this way, you can upgrade your property’s landscaping for no more than the cost of a little elbow grease and a shovel.
When it comes to being unique in the rental market, small upgrades can equal big returns. You can easily upgrade your Kenmore rental property and your potential to draw in the types of tenants you desire with a bit of time and some low-priced acquisitions.
Exhausted? Contact Real Property Management Eclipse today. Whether you own one or several rental homes, our goal is always to protect and maximize your real estate investment. Our team of Kenmore property managers, backed by over 30 years of nationwide experience, is in a position to provide rental homeowners help in maximizing rental income while minimizing expenses and inefficiencies. Contact us online or give us a call at 425-209-0252 today.
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