How to Make Your Beaufort, SC Rental Property Stand Out
If you have a rental property in Beaufort, SC, make sure yours stands out. While full-blown renovations and remodeling can be daunting (and expensive), small updates can help your property shine. If you’ve been thinking of remodeling your rental property check out the below cost-effective tips.
Bathrooms are a necessity but can often be overlooked where renovations are concerned, especially smaller bathrooms and powder rooms. To help increase the value of your rental property and catch potential renters’ eyes, ensure that each bathroom in the house is functional; with ample storage, plenty of counter top space, no mold and spotless.
Next, is the kitchen. The kitchen needs to not only be practical in terms of working appliances and ample storage, it also should look nice and updated. Does this mean you need to put granite counter tops and top-of-the-line appliances in your rental’s kitchen? No, but it does mean that if the home was built in the 1980’s and the kitchen is original, it’s time to upgrade. Not only will upgrading help increase the market value of your home, it can also help attract a new group of potential renters.
Plus, upgrading to energy efficient appliances can help cut down on bills. While you don’t need to go investing in geothermal heating for your rental, consider changing appliances to energy efficient ones. Install a programmable thermostat. Change out any incandescent light bulbs to CFLs or LEDs.
Lastly, investing in low-maintenance or no-maintenance landscaping for your rental property can give it an extra boost above the local competition. You can’t guarantee that your renter is going to take care of your yard. If your home is in a neighborhood with a covenant or an HOA that mandates yard upkeep this could be a huge problem. Look at alternative options to grass and plants that need to be regularly maintained. By doing this, you prevent any kind of future issues related to landscaping, and potential renters will see a home that only needs minimal outdoor care, which is a win-win for both sides.
If you want a consistently rented property, know where to invest your money to get the highest return on your investment. Minor upgrades and renovations not only help boost your rental property’s value, but they also attract renters that may not have been interested before. You don’t need to break the bank when it comes to changing things up: invest wisely and always be aware of ways of keeping your home competitive for your local market.
For more homeowner tips visit www.ask-audrey.com.