Home Renovation Tips for Landlords

July 14, 2021

418 3 minutes read

Landlords need to keep their rental property updated in order to stay ahead of competition and attract more and more tenants. As a landlord, you need to make home renovation your rental home most attractive and accessible yet affordable for the tenants. Tenants need practical and comfortable environment to live in.

As a landlord, you need to take this fact into the consideration that tenants are living in your rental home. They are not the owners of the home. Tenants will not take care of your rental property as their own, which leads to higher maintenance cost. They are not going to make sure that their children will not ruin the walls, keep a regular check on seepage or even bother to carry on minor repairs and home renovation with your consent.

This wear and tear is expected. Landlords need to maintain their rental properties. Do not spend too much on furnishing your property rather than consider a balance between durability and reality. Therefore, it is important to decorate/renovate the rental property. Here are some home renovation tips for landlords –

Paint

An easy, quick and perfect way to give your rental home a fresh look is to give it a fresh coat of paint. Repainting a home will not only give a new look to the house, but it will repairs surface damages too. You can even protect your doors and windows and cover stains and marks. Repainting will help with deep cleaning from dirt and dust too. Go for neutral shades as they make space looks larger. But, there is one drawback of painting light shades. Tenants will not keep it clean for long, they will not bother about it and your investment of repainting will go in vain. It is advisable to go for dark shades like greys or browns and you can brighten up them with good lighting.

Flooring

Flooring is the part, which is overlooked by maximum people. But, flooring is one of the important factors to consider while renovating your rented house. As flooring bears most of the wear and tear, it should be durable and water proof. Opt for the good quality flooring which is attractive yet durable and cost effective. There is no use of putting expensive marble flooring in the rented house as you are aware of its usage. No one wants to waste time and money in experimenting with changing flooring. Therefore, pick flooring which is durable, cost effective and looks good too. You can go for tiles. But avoid carpets as they need high maintenance and cannot work best in bathrooms and basements.

Bathroom Fittings

You cannot ignore the bathroom while renovating your rental home. The bathroom is an essential part of any property; it needs to be functional and appealing. No tenant will like to use awful bathroom every day. You don’t need to make it over stylish and designer, just make sure that it’s neat and clean and all the bathroom fittings are in good working condition. You can hire home renovation services for better management. They will repair or replace all water damaged parts of your bathroom. Invest in good quality bathroom fittings, toilet seat, shower, taps and vanity. Create space in your bathroom by providing provision to hang clothes or towels, basket for keeping extra stuff and shelves for arranging things.

Furniture

Usually landlords provide furniture to the tenants to make rental home more comfortable for them. It is advisable to avoid unnecessary furniture and fittings as it creates too much hassle in the rented home. Keeping minimum and required furniture item is the best option. You can provide beds, sofa, dining or almirah, these can serve purpose easily and you can also choose furniture packages for landlords. There is no point in providing extra items such as shelves, ottomans, bar table, coffee table or any other fancy furniture item as ultimately you are increasing your responsibility of maintaining them. Do not invest too much in big and heavy pieces of furniture as they are difficult to shift or replace. Invest in multipurpose and easy to handle furniture.

Kitchen

A kitchen is the cooking factory of your home, it is the heart of your home. Every landlord wants to make his/her rental property appealing to the tenants and one of the most important rooms to focus on is the kitchen. Do not ignore the kitchen while renovating your rented space. Renovate your rental kitchen space by keeping the needs of your future tenants in mind. Avoid fancy fittings and designs, go for simple kitchen design which is easy to clean and maintain. Provide enough storage options as renters have loads to stuff to keep. Invest in higher end door hardware. Can make doors and drawers in melamine material as its inexpensive and water resistant. Provide mid priced, built in appliances, these will make tenants life easier and they will not leave your rental space.