Tips to Improve Your Rental Property Value

Tips to Improve Your Rental Property Value

2In a previous post, we discussed three good ways to spruce up your rental home or apartment.  Here we go again!  This time, our experts have three different great ideas to make your rental property stand out from the competition!

Number one, tile that entryway!

After you have replaced your entry door and perhaps its hardware,  what about tiling the entryway floor?  It is the next thing the hopeful renters will see when they enter the space, and especially now, with Spring on its way and with rain and mud on everyones feet, consider tiling at least a small area in the entry.  It  helps the rental flooring by giving visitors a “staging area” for leaving wet or muddy shoes or boots.  In addition, adding some decorative tile will add tons of character to your rental, character that other rentals lack.  This, in turn, will make your property stand apart from others the renter may be considering.

Number two, paint the trim!

Sometimes, if you have updated the interior paint recently, all you need to do to make it look bright and new again is to paint the trim.  It is amazing what a coat of contrasting but harmonizing trim paint will do to refresh your property.  Also, paint colors go in and out of favor and you want your paint color to reflect a current trend.  However, remember, you want your space to appeal to a wide variety of potential tenants, so don’t go too crazy with either wall color or trim color!

Number three, what about a new mailbox?

How does that mailbox on your rental home look these days?  Has it seen its share of use, is it looking tired?  Well, if that is the case, replace it!  Mailboxes are readily available, come in a variety of colors, shapes, and sizes, are inexpensive, and will make an immediate statement to potential tenants. Again, choose one that compliments your rental home and will be appealing to anyone.

In conclusion, there are tons of quick, easy, and inexpensive steps you can take to improve your rental property. Use the easy inexpensive tips and get that rental rented!