Improving the Value of Your Rental on a Budget!

If you’re planning on renting your home, there will always be some things you can do to make your house more attractive to prospective renters. While these may take some time, the investment you put into making the rental more attractive will pay off once the home is rented. Without further ado, here are five inexpensive upgrades to improve your rental’s value.

Exterior Paint Upgrades

One of the easiest ways to attract prospective renters is to make your house visually pop. For that, there’s no better solution than to put a fresh coat of paint on the exterior of your home. A renter’s first impression of a house often solely depends on the curb appeal. If you splash on some bright colors (or even just a new coat of paint), you can be sure that it will catch the eye and excitement of a renter.

Kitchen Updates

Once inside the house, most renters will go directly to the kitchen to affirm if they will want to rent the house. Many people see the kitchen as both the heart and soul of a home, and if your kitchen is lacking in certain areas, it may result in a renter walking off the property. Doing such things as replacing old fixtures with new ones, replacing the hardware on the cabinets, or even putting up a flashy backsplash can all turn the tide in your favor towards those renting your property.

Removable Wallpaper

Even though wallpaper gets a bad wrap (see what I did there?), there are many patterns and colors that aren’t a throwback to grandma’s pinstripe or rose-imprint wallpaper. With an infinite amount of different designs, you’re virtually guaranteed to find a pattern that fits your house at a fraction of the cost of what paint would run for.

Window Treatments

Window treatments are often one of the easiest ways to enhance the look of a room. By simply replacing your old, damaged, and faded curtains, you give the windows a fresh look and the view outside a great frame. Additionally, by replacing broken window shades, you may be saving energy costs in the long run as well!

Master Bathroom Upgrades

Along with the kitchen, the master bathroom is always an area that garners attention. While it may seem daunting at first, there are a few things that you can do to improve the overall functionality and appeal of the room. One of the easiest things to do is focus on appliances and hardware. When you replace things such as the shelves, showerhead, shower door, and cabinet doors, you improve the room’s overall feel. All are viable options. You can transform your bathroom from something that felt old and used to a new, exciting avenue of cleanliness.

Overall, improving your property to prepare for a rental can be pretty taxing. If you’re looking through property management companies in Orange County, Russell Properties is an excellent source of knowledge for more inexpensive upgrades to improve your rental’s value.