Improving a rental house can be done without it having to be expensive or difficult. In fact, there are a lot of inexpensive or free ways to boost the appeal of a so-so rental property and make it look attractive to prospective tenants. By doing some simple things like swapping out some hardware or fixtures, and doing a bit of low-cost resurfacing, you can turn your single-family rental property to one that quality tenants are looking for. In fact, with just these five simple upgrades, you can significantly boost your Prince Frederick property’s appeal.
1. Don’t Forget the Details
Interior decorators have known for a long time, that if you just add a few small touches, you can make a huge difference to a home. This also goes for single-family rental homes. Placing new cabinet handles and drawer pulls to a bland kitchen can add both beauty and function. This instantly upgrades tired old cabinets.
Faceplates also help make a home interior feel more put together. Cracked or mismatched faceplates can affect the feel and visual appeal of a room, really dragging it down. By simply replacing each faceplate with new, matching ones, each room in your rental house is instantly made 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 affect a prospective renter’s views. They may get a negative impression about the rental home’s interior. But by updating old light fixtures in key rooms, adding a ceiling fan in a bedroom, or adding matching doorknobs, locks, and other hardware, you will be producing a visual appeal far in excess of the costs. You don’t need to have hardware and light fixtures that are expensive, either. A basic fixture that looks modern and clean is usually good enough.
3.Spot Paint the Walls
Repainting a rental home’s walls is one way to achieve that fresh, clean look tenants love, but it is also possible to achieve a similar effect by simply doing some small touch-ups. Ultimately, it depends on the wear and tear that has affected your walls, but you wouldn’t really 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
The overall appeal of a property can be significantly changed by the look of its countertops. 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 a significant part of a property’s curb appeal and can even be the reason 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, the first thing you should do is to take a look at your local utility or city website. Many cities have programs that give away free trees or other plants to people who want them– property owners included. Also, check your local classifieds– specifically the “Free Stuff” section. 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 distinct in the rental market, small upgrades can equal big returns. You can upgrade your Prince Frederick rental property and your ability to attract the kinds of tenants you want with just a little time and a few inexpensive purchases.
Weary of having to do it all by yourself? Try giving Real Property Management Gold a call. Our target is always to protect and maximize your real estate investment, no matter if you own one rental home or several across the country. Bolstered by over 30 years of nationwide experience, our unit of efficient Prince Frederick property managers is available to ensure that rental homeowners can maximize rental income while minimizing expenses and inefficiencies. Contact us online or give us a call at 301-392-2172 today.
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