Improving your rental property doesn’t have to cost and arm and a leg. Here are some cost-effective ways to improve your rental property on a budget and have happy tenants:
1. Paint
A fresh coat of paint can make a huge difference in the appearance of a rental property. Choose neutral colors like beige or grey to appeal to a wider range of potential tenants.
2. Upgrade fixtures:
Upgrading outdated fixtures such as light fixtures, faucets, and cabinet hardware can make a big impact. Look for sales and deals to save money on these upgrades and ensure you choices can last through different interior trends.
3. Add storage:
Storage is always a plus in any rental property. You can add shelves, hooks, and organisers to maximise space and keep things tidy. This will be a big factor for tenant choosing your home.
4. Deep clean:
A deep cleaning can make a rental property look and feel brand new. Consider hiring a professional cleaning service to tackle the job, or do it yourself with some elbow grease and cleaning supplies.
5. Curb appeal:
First impressions matter, and curb appeal can make a big difference in attracting potential tenants. Plant some flowers, add some mulch to the garden beds, and make sure the lawn is mowed and tidy.
6. Improve lighting:
Adequate lighting can make a rental property feel more inviting and spacious. Consider adding floor lamps or table lamps to brighten up dark corners and make the space seem larger.
7. Repair minor issues:
Fixing minor issues like leaky faucets, squeaky doors, and loose cabinet handles can make a big difference in the overall appearance of the rental property. These repairs can be done inexpensively with some basic tools and DIY skills.