Renting Out Your Property? 3 Best Renovations to Invest in

Do you have a pending vacancy looming over your head like a cloud? Vacancies can be a landlord’s biggest nightmare as it can be difficult to retain a tenant. If you want a tenant to last beyond their term and be happy in their surroundings, we have put together renovations ideas that will help you charge more rent and find good tenants.



But, a word of advice, if you intend to use this property for rentals, then don’t go all out as you would for your own home because renters rarely ever take care of the house like their own. So, let's dive in, shall we?


1. Kitchen Renovations

You need to work on areas that attract renters, so start with the kitchen! You can hire a residential architect to map out the kitchen area and how it can be designed to optimize for space. Give the cabinets the attention they deserve and have them repainted and repaired if necessary.

Also, check if the countertops need replacements. But whatever you do, do not invest in expensive marble. You can look into laminate countertops, stainless steel, and re-engineered quartz as affordable yet quality options.

2. Bathroom Remodel

One of the worst areas tenants misuse and ruin is the bathroom seconded only by the kitchen. These areas require upkeep and cleaning. Go for an up-to-date look for your bathrooms and make easy replacements. Replace the toilet seat or toilet if necessary, replace or add a new shower head, and update the regular sanitary for a fresh look.

If you wish to elevate the design a bit, try adding counter space or vanity if you have the budget and wallpaper for the walls to complete the aesthetics.

3. Curb Design

The curb is the first thing your potential tenant will notice as they get out of their car. It doesn’t hurt to make a good first impression. But make sure to keep it low maintenance and inexpensive because you don’t want to scare off tenants with the upkeep. You can simply repaint the front door or any catching feature to give the property a fresh look, like adding a planter.

Try planting new grass in the lawn, adding a small garden, painting the exterior walls, trimming the shrubbery, putting small planters near the entry, or installing new pavers for the driveway.

You can do plenty of renovations to prepare your house for viewing and new tenants. With the right renovations, you will be able to get a good rent. But choose and thoroughly weed out your renters so they don’t mistreat your property and you can have a good, lasting relationship with them as a landlord.




If you’re looking for space planning services for your renovation project, Avery Architecture can help you out! We provide residential architecture services, architectural construction and documentation services, space planning services, and CAD architectural drafting in Little Rock. Get in touch with us now to get an estimate on space planning, or visit our website for more information on our architectural services.  

 

 

 

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