Finding reliable tenants for your rental property is nothing if not a Herculean task. But before you get close to achieving this feat, you need to hold the attention of potential renters at every showing. Otherwise, you can lose many opportunities to competing local properties.
Related: Tips for mixing vintage and luxury pieces
This makes it important for you to have a well-decorated, comfortable, and functional rental space during your showings. Besides catching the interest of tenants, this also helps you fetch a higher rental value for your property.
To help you master this crucial requirement, here are essential decor tips for creating a welcoming rental home.
Analyze the state of your rental property
Before you make any changes to your rental property, you need to determine what kind of visual state it is in. In addition to helping you put together a detailed decor plan, this also lets you spot any issues that need the attention of a contractor.
From learning how to design the ultimate kitchen to knowing how to create a premium bathroom, this small action can help you handle all your goals for improving your rental space.
Make a list of basic improvements
Similar to how landlords run screening reports to identify ideal tenants out of various applicants, renters also make their assessments to determine the value of rental space.
This requires you to ensure that your rental property is equipped with all the basic upgrades that make for a comfortable and modern space. By speaking to a local real estate agent, you can also identify which improvements are most valuable to renters in your area.
Perform a deep cleaning
In addition to putting together a detailed list of upgrades, you need to wash away any dirt or grime that negatively affects the appearance of your rental property. For this purpose, you can use a local or online cleaning service.
Professionals handling this task for you provideyou with a spotless and fresh home. If your property suffers from additional hygiene issues such as foul odor, hiring experts can help you resolve these problems with ease.
Rental property: Invest in comfortable furniture
To make sure that your rental space seems warm and welcoming to potential renters, you need comfortable and cozy furniture in it. This doesn’t mean that you have to spend a small fortune on designer pieces.
Instead, you can easily follow tips for mixing vintage and luxury furniture to great results. This could especially appeal to tenants who have bare essentials at hand and need a furnished space to call home.
Don’t let the walls stay bare
If you spend too much time remodeling and buying furniture but leave the walls plain, it could strip away the charm from your rental space. In case budget is a big concern for you, you can choose more affordable wall-hanging options such as custom photo prints.
This provides you with the ability to decorate your rental space with an expansive list of choices, but without making a huge dent in your bank account in the process.
Photo by Lakeisha Bennett on Unsplash
Pay attention to the windows
When you explore home staging tips to market your space, there is a high chance that you will see suggestions to invest in window treatments. Whether you choose sheer curtains or buy heavy shades, giving your windows a visual makeover can pull your whole room together.
Besides harmonizing your space, window treatments also add functional benefits such as blocking sunlight and ensuring privacy. You can also install automated window treatments to give your tenants something else to look forward to.
Refresh the space with plants
If you want to breathe new life into your rental space without breaking the bank, indoor plants might be the perfect fit. From a bear paw succulent to a money plant, you can find various options to spruce up your property.
But before you perform a showing for such a space, you need to clarify if potential tenants may have an allergy to certain plants. This helps you avoid situations that could turn the showing into a negative experience.
These suggestions are not difficult to take on, but they could offer great value for your rental space when executed the right way. In case you want to delegate this task entirely, you can also take help from professional staging service providers who specialize in enhancing the appeal of any property.
Top image: Mark Keast
I am a 50-something Torontonian who loves everything about my city. It’s been my home, my playground, for my entire life. I went to school here. I met my wife here. I own real estate here. I love writing about the transformation of my city on the world stage, which hasn’t been anything short of dramatic. That continues on, as I write this. I write on the real estate scene. I write on travel and fashion. I like following the world of luxury watches.
But I love writing about cars – check that, luxury cars, a level of superior, engineering sophistication, high performance and style, that transports you not just from one destination to another but also out of whatever you are going through on a particular day, whatever mood you are in, all to another head space. It’s complete and total exhilaration, head to toe.
Check out my stories, and email me direct at mkeast@regardingluxury.com
