Upgrading a rental house does not need to be financially excessive or burdensome. There are a small number of reasonably priced or free techniques to take a so-so rental property and boost its appeal to prospective tenants. By adding a small number of manageable touches, swapping out just a few hardware or fixtures, and doing a little economical resurfacing, you can make your single-family rental property one that quality tenants will be desiring to rent. In actuality, with just five worry-free upgrades, you can inescapably boost your Lehi property’s appeal.
Changing Hardware and Fixtures
Replacing small hardware items, particularly, doorknobs and light fixtures is at the top of the list among small upgrades that can have a significant impact. Over time, hardware and light fixtures can tarnish or look dated. When this arises, a rental home’s interior can negatively impact prospective renters. Merely updating old light fixtures in key rooms, situating a ceiling fan in a bedroom, or adding matching doorknobs, locks, and other hardware can cause visual appeal that is far bigger than the costs. Hardware and light fixtures don’t need to be fancy or ultra-expensive; a really simple fixture that looks clean and modern will oftentimes do the trick.
Touching Up the Paint
While repainting a rental home’s interior is one critical way to get that fresh, clean look tenants want, it is possible to reach a similar effect by doing small touch-ups. Conditional on the level of wear and tear, the entire interior may not need a full paint job in-between every tenant. In such a case in your rental property, painting an accent, the trim, or a few walls can get 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 inescapably impact the property’s overall appeal. Surely more than other features, an incredible countertop can lend a kitchen or bathroom a custom look and an upgraded feel. The good thing is that installing granite or other expensive options is not necessary to attain this same result. There are indeed many different countertop resurfacing kits available that can extend your old countertops an instant facelift without the designer price tag.
Don’t Forget the Details
Interior decorators comprehend that adding even a small number of simple touches to a home can make a big difference. Lehi property managers can follow that example. Augmenting new cabinet handles and drawer pulls to a bland kitchen can add beauty and function, right away upgrading otherwise tired old cabinets.
Updated and matching faceplates are other details that can effectively make a home interior feel more whole and put together. Cracked or mismatched faceplates can affect a room’s feel and visual appeal negatively. You can make each room in your rental house a whole lot more beautiful by just plainly replacing each faceplate with new, matching ones.
Having said that, always remember to add a small number of tech-friendly touches! For relatively little money, you can alter smart updates to your rental home that tenants will take delight in. For example, switch just a few regular outlets in key areas to outlets incorporating USB ports. You can even turn a GFCI outlet into a charging hub. Or, take into consideration getting a video doorbell, smart light bulbs or plugs, or a Wi-Fi-enabled garage door. The expense of these updates will happily add value to your property and make it so much easier to attract quality tenants.
Landscape for Free
A rental home’s landscaping is an integral part of the property’s curb appeal and can even be one of the main causes a tenant chooses your property over another. A clean, low-maintenance yard is perfect for rental homes, but tenants enjoy trees, flowers, and other beautifying elements. To add a small number of low-cost colors and green to your rental yard, go and check your local utility or city website. Some cities give away free trees or other plants to property owners. Besides that, make sure to check the “Free Stuff” section of your local classifieds. In these ads, people characteristically advertise things they no longer need – such as shrubs and trees – to anyone favorable to come and get them. In this manner, you can upgrade your property’s landscaping for no higher cost than a little elbow grease and a shovel.
Small upgrades can equal big returns with regard to standing out in the rental market. With just a little time and some reasonably priced purchases, you can upgrade your Lehi rental property and your ability to effectively attract the kind of tenants you would like.
Tired of doing it yourself? Why not give Real Property Management Utah County a call? It doesn’t matter if you maintain 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 assist rental homeowners to optimize rental income while dropping down expenses and inefficiencies. Contact us online or call us at 801-224-0033 today.
Originally published on January 17, 2020
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