Being a single-family rental property owner, it’s important to protect your investment. Making updates to your rental home ensures it retains its value and attracts reputable tenants. It’s essential to discern which upgrades provide the best investment return.
Fortunately, we possess insider insights on the most valuable upgrades for your money in Broken Arrow. According to professionals, the prime upgrades include appliances, floors, and fixtures.
Upgrading can boost your rental property’s value and charm, appealing more to potential tenants. Why not enhance your rental home with some improvements to make it stand out?
Modern Appliances
Appliances often top the list of inquiries from prospective renters when leasing a home. To retain tenants long-term, it’s crucial to maintain appliances, as old or faulty ones can drive renters away.
Ensuring your rental property’s appliances are frequently upgraded is key to getting the most out of your investment. You don’t need to invest heavily in the newest high-tech appliances to make a good impression. Select good quality appliances that have a uniform look and ideally are covered by a warranty.
Low-Maintenance Flooring
Enhancing your rental property with new flooring is an effective way to raise its value and draw in tenants. Usually, carpets in a rental home should be replaced every five years. New carpets can make your rental more appealing to discerning long-term tenants who prioritize well-maintained properties.
It’s also important to regularly clean and replace other types of flooring when required. New grout for tile floors and replacing unsightly or damaged solid surface floors will improve your property’s overall look. Choose high-quality, easy-to-maintain flooring to ensure your rental property remains appealing and retains its value.
Enhanced Fixtures
Little improvements can greatly enhance overall quality. Renovating fixtures such as faucets, lighting, ceiling fans, and blinds can significantly improve a rental property. Landlords in Broken Arrow will find these fixtures ideal due to their low cost and ease of replacement.
Keep in mind that consistently updating fixtures is key to maintaining your property’s value. Furthermore, changing out small hardware like outlet covers and doorknobs can significantly enhance the feel of a rental home, much to the delight of tenants. Minor changes can have a major impact on how your rental property looks and how desirable it is to potential tenants.
Seeking to elevate your rental property’s value, retain residents more effectively, or increase rent levels?
Saying yes indicates that the affordable maintenance solutions from Real Property Management Abound, featuring straightforward upgrades, could be what you need. To learn more about how we can assist you, please contact us online or at 918-984-4433.
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