Landlords: Top Ways To Upgrade a Property Inexpensively
Scottsdale has an ideal rental market. There will always be people attracted to the weather, natural beauty, and lifestyle, but not all of them want to be tied down by a mortgage. If you’ve invested in a rental home, you know that it’s essential to maximize its appeal. Don’t drain your bank accounts just yet, landlords. These are a few of the top ways to upgrade a property inexpensively.
Tweak the Kitchen
Fresh paint and flooring will impress any tenant, but they will be paying special attention to two rooms: the kitchen and the bathroom. Design trends can move quickly, and buying new appliances for the aesthetics isn’t usually an option. But you’d be surprised how big a difference a few small details will make. Marble slab backsplashes are the latest look, and you can get a similar effect with peel-and-stick mosaic tile. If the cabinets are looking a little shabby, it’s not too difficult to remove and restain the doors. And replacing drawer pulls and cabinet handles always elevates a kitchen, too.
Spa-ify the Bathroom
Picture the bathroom details of the last luxury hotel you visited. Bright lighting, shiny faucets, maybe a teak bench in the shower. Those touches can pay dividends if they help you edge out the competition. If the bathroom isn’t disability-friendly, you could be alienating a large part of your candidate pool. Anyone can use rails to get in and out of the tub. And if you haven’t replaced the toilet yet, you should invest in one with a taller seat. It only costs a couple hundred dollars, and it’s a game-changer. And people might not talk about it in polite company, but there’s nothing like a strong flush.
Add Home Tech
When you advertise your rental unit, you’ll be highlighting all the perks: the amenities, the neighborhood, the landscaping. Want to know which of the coolest phrases stands out? “Smart home.” Technology is actually one of the top ways to upgrade a property inexpensively, even though it sounds expensive. Installing a smart lock eliminates the need for keys, and tenants can even control the lock from a phone app. Make sure the Wi-Fi access is top-of-the-line, because everyone is spending more time at home these days. A programmable thermostat can help regulate temperatures and bring down utility bills. And while remote-controlled blinds might not exactly be space-age technology, every smart home has them.