4 Ways to Refresh the Appeal on Your Rental Property

Maintaining a rental property can take a lot of work and requires continued investment to keep the home looking great. If you want to attract reliable renters and garner top-dollar rates, then it can pay off to update your rental property to boost its appeal and attract renters who will pay on time and stay for the long term. 

Add the Latest Technology

If you want to wow prospective renters, add smart home accessories to your rental property. All too often, rental property owners skip these bells and whistles to save money; but you should aim to treat your rental property as you would your own home. Features like a home alarm system, a smart thermostat, a doorbell camera and smart locks can help impress a potential renter. Make everything easy to control and manage by syncing it all through a home automation system like the latest offerings by ADT. Control all of the home automation products from one place for convenient and easy managing. 

Update the Appliances

If your rental property's current appliances have stood up to years of heavy use, now is a great time to replace the refrigerator, stove, microwave and dishwasher. Brand-new appliances offer the kitchen a bright and fresh look that makes the entire space look cleaner and well-kept. 

If your current appliances are white or black, but still in working order, it may still be worth it to update them. Stainless steel appliances remain one of the most popular options, with the new dark brushed-metal finishes also gaining market share thanks to their fingerprint resistance.

Refresh the Curb Appeal

Curb appeal can be half of the battle when it comes to attracting the best renters. A choosy renter will judge a book by its cover and often prefers homes that grab their attention right from the first street-view photo. So head out to the street in front of your home and pinpoint the elements that could use some TLC to make your house captivate renters from their first look. 

Start with the home exterior and touch up the trim work or repaint the entire house if it needs it. If the paint job still looks good, consider pressure washing the house to get rid of any layers of dust and dirt. Replace the house numbers for something that is crisp and eye-catching. Make sure there is plenty of nice exterior lighting around the front door, replacing any bulbs or fixtures if necessary. Add landscaping lighting as well to ensure that the path into your rental is well lit so that it is welcoming. You can also add some new plants to keep the landscaping looking lively and be sure to keep the lawn mowed and the shrubbery trimmed neatly. For more ideas, the Magnolia Homw Network offers six projects, each for less than $100. 

Consider the Small Stuff

Small details can make a big impact on people. Look through your rental property to identify small things that need to be replaced. For instance, maybe the faucets in the bathrooms are permanently stained with hard water residue or the light fixture in the kitchen looks dated. Patch any drywall that needs repair and give the baseboards a fresh coat of paint. Refreshing these types of small items doesn't require a big investment, but it can help your rental property really shine. 

Minor improvements can make a big difference to renters. Attract and keep the best renters by making the investment. 

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• Update Your Kitchen in Less Than a Day