Are you putting your property out for rent and you need some renovation tips? Whether you will be renting it locally or through the various online services, a frequent renovation is required to satisfy the needs of your guests or tenants.
However, before we go any further, you should know that you won’t be the one living in the home. Although you might want to renovate your property to your taste, always think of what your tenants or guests would want before making renovations. Below is a list of the key rental renovation tips designed by the Montreal leading renovation company, Renovco to help maximize your income and reduce cost.
#1: Focus More on The Bathroom and Kitchen
The bathroom and kitchen are the first things a guest inspects. These areas of your property must be attractive to the tenants or guests. Everyone wants a good-looking kitchen and a pretty cool bathroom. The bathroom and kitchen should be given top attention. If a tenant is happy with the appearance of the bathroom and kitchen, then they are more likely to rent your property. For a better appearance, you can change the toilet seat, paint the walls, back-splash your kitchen, and paint the cabinets.
#2: Make Repairs Before Replacing
Don’t ever make replacements if you can make repairs. This is a great way of saving some extra cash in your pocket. If an item can be repaired or fixed, then there’s really no need of replacing them.
If your kitchen cabinets are old, consider repainting them. If there’s a problem with the air conditioning systems, try to get them fixed or repaired instead of replacing them. Hire an electrician if your lights aren’t working anymore. Half of the time, these things work better when repaired.
#3: Know the Right Materials to Use
Knowing the right materials to use in your rental is good and will help to save you a lot of money. Tiles are easy to clean and maintain. Consider using tiles for the bathroom and kitchen. Stay away from costly materials if cheap materials can get the job done. Use marble and granite for the kitchen counters. However, don’t use cheap materials if they will get worn out.
#4: Keep It Clean
Keeping your property clean is another very important rental renovation tip. A clean property will bring in more tenants. Also, ensure to get your property cleaned up whenever a tenant leaves. Make sure there is no stain on the floors and walls. Unclog the drains. Remove all cobwebs. Ensure that you carry out a thorough sweep. Don’t hesitate to hire the help of a professional if you can’t do it yourself.