Upgrading a rental house does not need to be exorbitant or laborious. There are several low-priced or free ways to take a so-so rental property and boost its appeal to prospective tenants. By adding some worry-free touches, swapping out particular hardware or fixtures, and doing a little affordable resurfacing, you can make your single-family rental property one that quality tenants will be inclined to rent. Indeed, with just five uncomplicated upgrades, you can boost your Taylorsville property’s appeal.
Changing Hardware and Fixtures
Replacing small hardware items, in particular, doorknobs and light fixtures is at the top of the list among small upgrades that can have a major impact. Over time, hardware and light fixtures can tarnish or look dated. When this ensues, a rental home’s interior can leave a negative impression on prospective renters. Merely updating old light fixtures in key rooms, fixing a ceiling fan in a bedroom, or supplementing matching doorknobs, locks, and other hardware can build visual appeal that is considerably higher than the costs. Hardware and light fixtures don’t need to be fancy or flat-out expensive; a really basic fixture that looks clean and modern will commonly do the trick.
Touching Up the Paint
While repainting a rental home’s interior is one very important way to acquire that fresh, clean look tenants admire, it is possible to develop a similar effect by doing small touch-ups. Dependent upon the level of wear and tear, the complete interior may not need a full paint job in-between every tenant. If such is the case in your rental property, painting an accent, the trim, or a few walls can create the look of freshly painted walls without spending too much time or money.
Resurface the Countertops
The look of a rental home’s countertops can consequently impact the property’s overall appeal. Most likely more than other features, an awesome countertop can lend a kitchen or bathroom a custom look and an upgraded feel. By good fortune, installing granite or other expensive options is not necessary to come by this same result. There are several different countertop resurfacing kits available that can bestow your old countertops with an instant facelift without the designer price tag.
Don’t Forget the Details
Interior decorators know full well that adding several small touches to a home can make a big difference. Taylorsville property managers can follow that example. Fixing new cabinet handles and drawer pulls to a bland kitchen can add beauty and function, hastily upgrading otherwise tired old cabinets.
Updated and matching faceplates are other details that can make a home interior feel more put together. Cracked or mismatched faceplates can negatively affect a room’s feel and visual appeal. You can make each room in your rental house substantially more charming by merely replacing each faceplate with new, matching ones.
On top of that, bear in mind to add many tech-friendly touches! For relatively little money, you can have smart updates to your rental home that tenants will be happy with. For example, switch a few regular outlets in key areas to outlets with USB ports. You can even turn a GFCI outlet into a charging hub. Or, take into account getting a video doorbell, smart light bulbs or plugs, or a Wi-Fi-enabled garage door. The money you spend on these updates will certainly add value to your property and make it very easy to attract quality tenants.
Landscape for Free
A rental home’s landscaping is a primal part of the property’s curb appeal and can even be one of the leading causes a tenant chooses your property over another. A clean, low-maintenance yard is fine for rental homes, but tenants enjoy trees, flowers, and other beautifying elements. To add some low-cost colors and green to your rental yard, try checking your local utility or city website. A lot of cities give away free trees or other plants to property owners. Not only that, have in mind to check the “Free Stuff” section of your local classifieds. In these ads, people usually advertise things they no longer need – in particular, shrubs and trees – to anyone willing to come and get them. In this fashion, you can upgrade your property’s landscaping for no higher cost than a little elbow grease and a shovel.
In Conclusion
Small upgrades can equal big returns for standing out in the rental market. With just a little time and some low-priced purchases, you can upgrade your Taylorsville rental property and your ability to attract and engage the kind of tenants you wish.
Tired of doing it yourself? Why not give Real Property Management Wasatch a call? It doesn’t matter if you keep one rental home or several; our goal is to protect and maximize your real estate investment. Backed by over 30 years of nationwide experience, our property managers are here to help rental homeowners grow their rental income while slashing down expenses and inefficiencies. Contact us online or call us at 801-889-1517 or 435-244-3394 today.
Originally published on January 17, 2020
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