Making properties more attractive to potential renters doesn’t have to involve drastic and expensive measures. With many different ways to spruce up your property without breaking the bank, drawing in prospective tenants has become much easier. Get a head start on improving your property by taking a look at these simple and effective ways to make your property more rentable:
- Improve curb appeal
- Make clean and make simple repairs
- Appeal to broader tastes
- Check the windows and doors
- Know your competition
It’s important to take into consideration the way your property looks from the outside. For renters, the exterior is the first thing they see when they look at the property, whether online or on the street. Remember that first impression can create lasting effects. Improve your property’s curb appeal by simply clearing the lawn of weeds or trash. Putting a new coat of paint on surfaces like fences or walls will also drastically improve the property and make it more popular with potential renters.
It’s helpful to go through the property with the eyes of a potential buyer to easily spot problematic areas. Check to see if there are any broken cabinet doors, light bulbs or light switches and go about repairing them. If a property hasn’t been lived in for a time, it helps to air the place out by opening windows and lighting scented candles to give the place a pleasant fragrance.
Decorate your property to make it appeal to as many people as possible. Make sure the property is not only well-decorated but comfortable as well. To have a more universal appeal, avoid bold and polarizing statement pieces or designs like dark red walls or a bright turquoise kitchen. For rental properties, it’s always a good idea to opt for more neutral and subdued palettes and tones like pastels, beige, grey, and off-white colors.
Doors and windows, although often overlooked, are among the most important factors to consider when improving a property. Make sure the doors of your property are still in good condition. A good door, especially in particularly noisy areas, can keep the house quiet and serene. Having clear windows can improve the amount of light that enters a space, giving it a better ambiance. It can also affect the overall energy efficiency of the property. It’s important to note that windows and doors are also crucial to the property’s security.
A great way to make your property more rentable is by simply highlighting and focusing on its positive qualities. Research about properties that are similar to your own in the market and find out what makes yours stand out. Every property has something unique to offer that makes it desirable for renters out there. Emphasizing those good qualities is a simple yet effective way of making your property more rentable.
Keeping your property well maintained all year round is also a deciding factor for many renters. Here is another useful read to further boost the value of your home. If you’re looking for great property management for rentals in Chicago, contact the amazing property specialists at RMJ Services at 888.454.4032 or email rmjservicescorp@gmail.com today for more information.