LifeStyle

6 Tricks You Can Employ to Improve the Appeal of Your Rental Property

No matter how new or impressive your property might be, location still rules. But if you can’t transform the real estate market in your city, there are still a few tricks you can use to make your property more appealing to potential renters.

From making it feel more like home with quirky decorating touches to opening up some of the rooms with better lighting, the seven tricks below will help you get more tenants.

Install a fireplace or wood-burning stove

Besides the potential health benefits of a space that has an appropriate amount of heat at all times, a fireplace or wood-burning stove heightens the feeling of coziness and permanency that renters look for when they’re hoping to buy. The visual element of a working fireplace in a residence has its appeal, but it also makes the property feel more like an actual home. The same applies to a wood-burning stove, because it adds warmth and character to the living space without being overly flashy.

Add some colorful patterns with area rugs

Area rugs are a great way to promote flair and personality in a rental property. Not only do they make the premises more appealing, but they can encourage renters to feel more at ease and comfortable.

One touch of color will show your renters that you care about the small details and are willing to invest time and money into making sure the place they live in feels like a home.

If you’re stuck with one hue in the living area, you can use area rugs to add a splash of color that’ll make the room seem much larger. Plus, colorful rugs like ones that feature stripes and paisleys will pull in the attention of potential renters.

Hang artworks on the walls

There is nothing more impersonal than an empty white wall, even if bare ones are clean, neat, and easy to maintain. To make your property feel warmer and more inviting to potential tenants, hang artwork on the walls. It can be something simple, like a painting of a fruit bowl. Don’t go with anything tacky or cheap, though, or else you may scare off potential renters.

Use better lighting

When a renter goes through your property and wants to decide whether or not to stay, lighting can have a significant influence on the decision. Available light can make the difference between renters who wish to stay and those who feel like they’d better move on.

Adding brighter lighting fixtures to dark, dreary rooms can make the difference between a property that gets rented quickly and one that doesn’t. Using low-impact light fixtures or, even better, track lighting that shines across the walls will make a space feel cozy, more bright, and more spacious.

Bright lighting makes it easier for renters to see the room in all its detail, and adjustable track lights create a more homey feel.

You can also brighten up the outside of your property by adding higher-powered LED lights to illuminate the facade of the building. These kinds of simple changes will make a massive difference in how well you light up your property.

Consider opening up walls with stained or painted paneling

Just like adding light fixtures to your space, opening up walls by painting or staining panels can significantly improve the appeal of an interior. It’s an easy way to make your building feel much more open and airy and add charm to the house.

You can do it in any room, or even add panels to doors and try to light up the interior further in that way. It takes some time, but the impact this simple design change may make can be worth it.

Work with a property manager

Maybe you don’t have time to renovate your property and make it look more appealing. That’s okay, because hiring a Katy property management company is one of the best ways to make a property more pleasant.

Your property manager will maintain the premises you are renting out and help you renovate them. They will also be able to contract cleaning services to keep the place looking spick and span before any visit by potential renters.

Summing Up

It’s never too early to start improving the appeal of your rental property. Just remember the goal is not to obtain 100% of the money for your home. It’s about attracting quality tenants with ease.