Rental Property Tips

The market is very competitive, and it can be easy for your rental property to get lost in the crowd. Here are some ideas to increase your home’s rental appeal and increase the value of your property that won’t break the bank.

1) Fresh Paint

A fresh coat of paint can make a tremendous impact on both interior and exterior walls. Consider removing outdated wallpaper and covering bold-colored walls if you’re revamping your rental property. Neutrals may not be the most exciting but appeal to the most prospective renters!

2) New Appliances

Modern, stainless-steel appliances are a guaranteed way to increase your property’s rental and sales value. Renters are also being increasingly drawn to smart homes. From smart lights and thermostats to home assistant devices, there are plenty of upgrades you can make to bring your house into the new year.

3) Curb Appeal

First impressions are everything, especially with how competitive the rental market can be. Take some time to evaluate your home’s “marketability” and look for ways to make it stand out from your neighbors. Planting flowers to add color, shrubs to add depth, and fresh exterior paint to doors and shutters can go a long way.

4) Add Storage

With so many people working from home, storage is more important to potential renters than ever. Homes with built-in storage spaces are always highly valued, so consider creative ways to add some to your home, whether storage under the stairs, built-ins in more oversized bedrooms, or extra cabinets in the garage, laundry rooms, and kitchen.

If you need help with your rental property in the Charlotte area, be sure to contact our team to learn more about all our service offerings!