How to Make Your Apartment More Appealing for Rental
If you have a property for rent and are looking for ways to make it more lucrative, there are numerous factors you need to take into account. Nowadays, simply owning a rental unit isn’t enough if you want to make good money from this business. So, in order to help you enhance the value of your apartment and grab the attention of potential renters, we have assembled the best tips and tricks for making your unit more appealing. Let’s take a look and get inspired.
The first impression is the most important
When potential tenants come to visit the apartment you want to rent, the first thing they are going to examine is the exterior. Therefore, start by refurbishing the front of the unit before you move to designing the interior. For example, make sure that the façade is not looking rundown and that the driveway is accessible and paved so that people who come to view the property don’t immediately turn around and leave. Additionally, a sure-fire way to up the value of your rental is to hire a professional landscaping company which will make your yard look amazing and thus provide you with an opportunity to raise the rent to your desires.
The ideal living room
Once your potential renters have viewed the front of the house, it’s important to woo them with a beautifully designed living room as well. Start by applying a fresh coat of paint to the walls and redoing the floors. Additionally, don’t forget to bring in a nice fashionable carpet which will add that final touch to your rental unit decor. On top of that, if you truly want to amaze your future tenants, make sure to get a large screen TV which can help you up the rent as well. Finally, if you want the living room to take everyone’s breath away, go for rustic chairs and tables which simply scream sophistication, or opt for a cosy lounge which will tie the whole room together.
Remodelling the kitchen is a must
Real estate experts say that 75% of all successful rental deals happen because tenants fall in love with the kitchen. This doesn’t necessarily mean that you will have to remodel it completely from the ground up to make it look good. Instead, try to focus on cleaning it thoroughly and adding new kitchen cabinetry and light fixtures. On top of that, smart and eco-friendly kitchen appliances are what the majority of renters are desperate for. Therefore, if you truly want to seal the deal with the tenants, opt for luxurious appliances like a chic cost-efficient Frigidaire which will immediately grab the attention of every apartment hunter.
Invest in security devices
Another way to attract potential tenants who are willing to pay a good price for the apartment is by investing in security measurements. Therefore, you can start small by installing smoke alarms above the doors in each room except the kitchen. Moreover, feel free to go a step further and place lights with motion detectors in front of the main entrances and the garage. Investing in an anti-burglar alarm system is a must nowadays, so don’t forget to set it up in order to boost the value of the property even further. Finally, make sure to also explore some additional safety measures for your rental units.
A seductive bedroom design
Last but not least, no matter whether you are trying to rent your apartment to couples or singles, tenants absolutely adore bedrooms with a serene and seductive design and are ready to pay for them. Sensual pastel colours are an absolute craze this season, so it’s no surprise that they can be seen on the covers of all world-famous home decor magazines. Additionally, colour experts at Pantone suggest opting for a mixed palette of cold earthy tones and passionate Redwood red which will break the monotony and keep the design interesting. Finally, make sure to add art pieces to the bedroom in order to sweep all your potential tenants off their feet.
As you can see, there are numerous ways how you can make your apartment more appealing for rent. All you need to do is invest in some aesthetic repairs and equip the unit with high-quality gadgets and appliances. Keep in mind that all this will pay off in the end. Good luck!