How to Spruce up Your Rental Property

November 27,2015 | Posted By Admin

This article holds no importance if you have an unlimited budget to upgrade your rental property. In this current economic downturn, you have to find budget friendly ways to dramatically enhance your rental property making it more desirable for masses.Here are some easy-to-do ways to makeover your property:

Make exterior appealing: It’s been a long time you have been focussing on sprucing up the interiors of your property, now it is the time to focus on the curb appeal. You're all efforts will go vain if you can’t get people through the door. So remove any weeds, trash or debris, remove any chipped paint, fix those window screens.Make sure the outdoor area is properly painted giving a feel of “welcome home” to anyone who visited.

Fill colours in those tired walls:  A can of paint has ability to transform a space completely. Let’s revive those dead walls, brighten dim hallways and highlight high ceilings and other features. You might be thinking it is slightly more expensive now, but it will save a lot of money in the long run. It is a crucial step to make the property look good as new. But choose neutral colours that appeal to the widest array of renters.  Let the neutral theme extend to the floor, carpeting, and cabinets if you wish to change anything. If you are painting outdoor railings or sidings, make sure you choose a quality paint to save from harsh weather conditions.

Freshen up the kitchen/bathrooms: There is no doubt that kitchen and bathrooms sell properties so spruce up your inventory to attract new residents. Improving your kitchen does not mean buying new cabinets or remodel your kitchen and other areas, it simply means keeping it CLEAN.  Polish all appliances, paint the kitchen cabinets, mop the floors, clean all the hardware, remove dust or grease from fans, lights and other fixtures, fix those broken knobs and handles. In short, take these tiny affordable steps to makeover the area.

Pay attention to doors, light fixtures and switch plates: Replacing doors might be an expansive affair so the best way is to paint or stain the existing ones. This small step can dramatically change the appearance of the property. Also, swap out all old light fixtures making it look better. Spend a little more on replacing the old switch plates with some shiny new electrical plates giving that extra special touch.  Follow all these eye-appealing steps in order to improve the houses you manage or own.

Know your competition: Be fully aware of the properties that are almost similar in location, price and other parameters to yours. If a rival property is popular because of its renovated kitchen, your selling point can be that spacious balcony perfect for having a cup of coffee with your loved ones. So find out that special feature and SELL that. Don’t focus on what is lacking instead emphasize on the positives.You have to figure out the unique and desirable features and let the rest of the world know about it.

 

Take a hard look to your rental property, find out those eyesores and STEP UP!!