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4 Maintenance Updates Turning Run Down Homes into Prime Rentals

Written by  //  2019/01/30  //  House Rental  //  No comments

run down homes

If you’re struggling to attract interest in your rental home, it could be because it doesn’t offer what today’s tenants are looking for. The good news is that there are many different options available to update your home and make it more attractive on the market. In addition to making the home easier to rent, these upgrades can help it appreciate in value.

Add More Light to the House

One upside to upgrading your electrical system is that you can add better lighting to the home. This will make it feel warm and cheery even on those cold and dark winter days. These days, people prefer homes that have LED lights as opposed to traditional bulbs. If possible, consider adding a skylight or a bay window to encourage more natural light. Natural light makes it easier to wake up in the morning, which can help a tenant get their day off to a good start.

Install Smart Technology

A smart home is a home that people are going to love to live in. From their smartphones, tenants will be able to control the thermostat, lock their doors or even take a peek inside of their refrigerators. In addition to being fun to play with, these tools can keep utility costs to a minimum. This is ideal for tenants who are consistently looking for the best possible deal on a rental property.

Update the Electrical Components

The first step in updating your home is calling an electrical services professional. This person will be able to inspect your property and make recommendations as what upgrades should be made. In some cases, this may involve changing a fuse box for a modern circuit breaker. It could also mean replacing your wires or existing outlets with new ones.

Paint the House

One of the simplest ways to make a home look better is to give it a fresh coat of paint. Fresh exterior paint makes the home pop while looking at it from the street. Interior paint makes the home feel like a more comfortable place to live. This will increase the chances that prospective tenants want to live in your home.

It doesn’t have to take a lot of money and effort to turn an average home into a prime rental property. All you need to do is listen to what tenants want and give it to them. It may be possible to learn more about current trends by doing online searches or by speaking with a real estate agent.

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