The more luxurious your rental property looks and feel, the more quickly it will be rented out. You’ll also be able to charge on the higher end of the going rent for comparable homes in the areas because most of these won’t have these luxury upgrades. The following ideas are a few that you can do yourself if you have the skills, time and tools to do them:
For many renters, a home with a fireplace is a definite plus. Unless your fireplace is in prime condition, though, it could easily detract from your home’s value and appeal. Fortunately, with a few easy fixes, your fireplace can go from an eyesore to a coveted place in the home.
First, paint the bricks. Once that project has been completed, reassess to determine if you should also repaint or restain the mantle. You can also replace your current glass doors with ones that are tinted gray. This helps keep the sight of the mess hidden and adds a note of class to the fireplace.
2. Kitchen cabinets
One place in your rental property that will get a great deal of use is the kitchen. Not only is it where your tenants will store and prepare food, often that food is also eaten in the kitchen. Not only that, but the kitchen has become the hub of life in a home. In many cases, family and friends will gather in the kitchen to chat and visit while enjoying food.
Giving the kitchen cabinets a facelift is the ideal way to update the room. A low-budget way to do so is to paint them. For a more luxurious look, consider refacing them or even replacing the kitchen cabinets altogether.
The backsplash in your kitchen gets a lot of mileage and can look tired quickly. Adding fresh tile to your kitchen’s backsplash area is both inexpensive and visually appealing. Best of all, this DIY upgrade can typically be completed in a day or two.
Need more ideas about property upgrades that can make your home more appealing to tenants? RPMLV has the answers! Give us a call or stop by our office today to learn more!