Making upgrades to a rental house need not be expensive or difficult. There are, in fact, many inexpensive or free ways to turn a so-so property into one that greatly appeals to prospective tenants. By doing some low-cost resurfacing, and by swapping out some hardware or fixtures, you can really do a lot for your rental home. These little touches can make your single-family rental property something quality tenants will be eager to rent. In fact, with just these five simple upgrades, you can significantly boost your Menomonee Falls property’s appeal.
1.Don’t Forget the Details
Interior decorators have long since known that by adding just a few small touches to a home, you can make a world of difference. It’s the same thing for single-family rental homes. Replacing cabinet handles and drawer pulls with new ones can add both beauty and function to a bland kitchen. This would instantly upgrade tired old cabinets.
Another thing that can help make a home interior feel more put together are faceplates. If the faceplates are cracked or mismatched, the feel and visual appeal of a room really get dragged down. By the simple act of 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. As time passes, hardware and light fixtures can tarnish and start to look dated and old. This can leave a negative impression on a prospective renter, making them think that the rental home’s interior isn’t well kept. But by doing the simple act of updating old light fixtures in key rooms, adding a ceiling fan in a bedroom, or adding matching doorknobs, locks, and other hardware, you can produce a visual appeal far in excess of its cost. Hardware and light fixtures don’t have to cost you a lot or seem overly fancy. A basic fixture that looks both clean and modern is just fine.
3.Spot Paint the Walls
Repainting a rental home’s walls is one way to achieve that fresh, clean look that tenants love, but it is also possible to achieve a similar effect by doing small touch-ups. It really depends on the level of wear and tears your walls have, but you’ll rarely need a full paint job between every tenant. If you’ve saved paint or paint chips from your last paint job, then you could simply fill in any nail holes or other damaged areas with putty and then paint over the repaired patches. This can give you the look of freshly painted walls without spending too much time or money.
4.Resurface the Countertops
Countertops really affect the overall appeal of a property. For rental homes, installing beautiful countertops can lend a custom look to your kitchen or bathroom and give it 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 very important for the property’s curb appeal. In fact, it can even be one of the chief reasons why a tenant would choose your property over another. 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, one of the things you should do is to check your local utility or city website. A lot of cities give away free trees or other plants to help the environment. Property owners are welcome to avail of this. Also, go ahead and check the “Free Stuff” section of your local classifieds. In these ads you, you’d find things that people no longer need– including shrubs and trees. In this way, you can upgrade your property’s landscaping for no more than the cost of a little elbow grease and a shovel.
When it comes to being unique in the rental market, small upgrades can equal big returns. You can easily upgrade your Menomonee Falls rental property and your potential to draw in the types of tenants you desire with a bit of time and some low-priced acquisitions.
Eager to pass this responsibility off to someone else? Contact Real Property Management Greater Milwaukee today. Whether you own one or several rental homes, our goal is always to protect and maximize your real estate investment. Upheld by over 30 years of nationwide experience, our lineup of professional Menomonee Falls property managers is prepared to give assistance to rental homeowners eager to maximize rental income while minimizing expenses and inefficiencies. Contact us online or give us a call at 262-309-6961 today.
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