As a single-family rental property investor in Lexington Park, it’s important that you keep your property’s appeal high within a reasonable budget. To do this, you can choose from various inexpensive materials to update your rental home. Wood, stone, & tile, are some of the best budget-friendly materials for your Lexington Park rental homes.
Reclaimed Wood
Wood is a great material to use for an atmosphere of comfort and warmth. But new hardwood is expensive. Instead, you can use more affordable reclaimed wood on your property. Reclaimed woods are great budget-friendly materials for property investors because you can use them for remodeling floors, fences, and decks or adding even more creative decorative elements. Reclaimed wood can give your property a weathered, rustic look reminiscent of cabins and beach houses. You can also refinish, stain, or paint it if you prefer a more colorful or contemporary look.
Bamboo
While this used to be mostly used in tropical climates, bamboo has become trendy due to its beauty and environmentally-friendly profile. Bamboo rods or sheets are usually very affordable. You can use bamboo on interior walls, patio bars, planter beds, lightweight fencing, and more. It will definitely make your room or yard more beautiful.
Ceramic or Porcelain Tiles
Stretch your remodeling budget further by using ceramic or porcelain tile. With ceramic tiles, you can combine the many styles, colors, and finishes for the kitchen and bath. And, in comparison to expensive and high-maintenance natural stone tiles, ceramic or porcelain tiles are easier to maintain. Your tile countertop will also look a lot nicer than laminate for the same cost or less.
Solid Surface Countertops
To achieve a countertop with a high-end look without the expensive price tag, go for one with a solid surface. You can get that upscale granite look without paying too much. Solid surface countertops give you a lot of colors and finish to choose from, making them a very versatile option for investment property owners.
Used Brick
Similar to reclaimed wood, you can also buy used bricks for your rental properties. Used brick has a pretty weathered look and is more affordable than new brick. You can also opt for painted brick. You can use brick to update accent walls, patios, walkways, and of course, chimneys and fireplace surround.
Stone Veneers
To get the look of natural stone without spending a fortune, you can use stone veneers. Stone veneers are thin sheets of real stone on wood or concrete backing. You can use stone veneer panels for fireplace surrounds, house exteriors, and retaining walls. Although the price will vary depending on the style and size, stone veneers can give your Lexington Park rental property an upgrade minus the weight and expense.
Would you like to learn more budget-friendly ways to get your Lexington Park rental properties updated and competitively leased? Contact us today!
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