Upgrading and maintaining a rental house does not need to be expensive or difficult. In reality, there are numerous inexpensive or free ways to get a so-so rental property and improve its attractiveness to prospective tenants. By just applying quite a few manageable touches, swapping out some hardware or fixtures, and doing quite a bit of low-cost resurfacing, you can transform your single-family rental property to one that quality tenants would be really interested to rent. In fact, with just five simple upgrades, you can significantly boost your Lehi property’s appeal.
1. Don’t Forget the Details
Interior decorators advocate that adding just a few small touches to a home could be of great value. The same thing goes for single-family rental homes. Providing new cabinet handles and drawer pulls to a bland kitchen can add both beauty and function, quickly upgrading otherwise tired old cabinets. Other components that will surely make a home interior seem more put together are faceplates. Cracked or mismatched faceplates can really drag down the feel and visual appeal of a room. By simply 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. Over a period of time, hardware, and light fixtures can tarnish or eventually look worn out. Once this comes about, a rental home’s interior may provide a negative impression on a prospective renter. By solely updating old light fixtures in key rooms, adding a ceiling fan in a bedroom, or adding matching doorknobs, locks, and other hardware can produce visual appeal far in excess of the costs. Hardware and light fixtures don’t really have to be too fancy or exorbitant, either; a basic fixture that seems polished and new could also work perfectly well.
3. Spot Paint the Walls
While repainting a rental home’s walls is one important way to achieve that fresh, clean look tenants love, it is possible to achieve a similar effect by doing small touch-ups as well. Depending on the stage of wear and tear, your walls may not actually need a full paint job between every single tenant. If you’ve saved paint or paint chips from your last paint job, it can be a simple matter to fill in any nail holes or other damage with putty and then paint over the repaired patches. In such a way, you could bring about the look and feel of freshly painted walls without shelling out too much time or money.
4. Resurface the Countertops
The way your rental home’s countertops look could give a significant impact on the property’s complete charm. Maybe more than any other aspect, a beautiful countertop could really give a 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 critical attribute of the property’s curb appeal and will likewise be among the principal reasons why a tenant considers your property over the other one. 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, search your local utility or city website. A lot of cities give away free trees or some plants to property owners. On top of that, don’t omit to check the “Free Stuff” section of your local classifieds. In these ads, people oftentimes disclose things they no longer have a use for – in particular shrubs and trees – to anyone inclined to come and have them. In this way, you can upgrade your property’s landscaping for no more than the cost of a little elbow grease and a shovel.
With regards to becoming excellent and standing out in the rental market, small upgrades can equal big returns. With just a bit of additional time and a quite a few money-saving purchases, you can certainly upgrade your Lehi rental property and your likelihood to engage the sort of tenants you hope for.
Had enough of doing these yourself? Can we suggest that you give Real Property Management Utah County a call? It doesn’t matter at all whether you hold one rental home or plenty of them, our intent is to protect and maximize your real estate investment. By making the most of over 30 years of nationwide experience, our team of Lehi property managers is here to give assistance to rental homeowners to maximize rental income while minimizing expenses and inefficiencies. Contact us online or give us a call at 801-889-1517 today.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.