Wednesday, July 10, 2024
HomeEntertainmentKey Home Upgrades That Make Your Property Desirable to Renters and Buyers

Key Home Upgrades That Make Your Property Desirable to Renters and Buyers

In today’s competitive real estate market, making your property stand out is a challenge. While renting and selling your home are both exciting prospects, it comes with its own set of challenges. But don’t fret. This article explores a host of strategies that homeowners can use to level up their properties, set them apart from the competition, and generate more interest from buyers or renters.

Upgrade Your Kitchen

A stunning kitchen is often at the top of every buyer or renter’s wish list, and here’s how you can make your kitchen live up to expectations:

  • Consider including stainless steel utensils and cooking equipment with your home, along with a few eco-friendly appliances, such as new range hoods providing the perfect balance between style, functionality, and sustainability.
  • A bright and well-lit kitchen instantly feels more welcoming. Hence, include well-placed pendant lights above your kitchen counter and inside cabinets as well.

Give Your Bathrooms a Makeover

Bathroom remodels are one of the most common upgrade projects undertaken by homeowners, which yields around a 60% ROI. Similar to your kitchen, making small but thoughtful upgrades to your washroom translates to major benefits.

  • Before any showing, give your bathrooms a thorough clean. This includes washing your washbasins, bathtubs/showers, and the floor.
  • Having a washroom with a window is always a plus. However, if yours does not, consider installing an exhaust fan to promote good ventilation. Additionally, add LED skylights for proper illumination without causing eye strain in an enclosed space.

Consider a Home Management App

One way to greatly reduce the stress and expense of home renovations is by investing in a home management app that will put you in touch with licensed service technicians that you can trust. You’ll also have access to plenty of detailed, DIY instructional videos that you can consult as needed to help guide you through the renovation process.

Improve Your Curb Appeal

Investing towards curb appeal is one of the best ways to make a strong impression on potential buyers, and here are the best ways to do so:

  • Landscape Your Yard: Landscaping your outdoor spaces is one of the best ways to woo buyers from the get-go. Trimmed bushes, colorful flowers, and neatly maintained lawns are simple yet impactful ways to boost your home’s curb appeal, according to NGB.
  • Upgrade Your Front Door: Adding a fresh coat of paint or installing a new front door is an easy way to improve your home’s aesthetic and curb appeal. Additionally, for those living in colder areas, choosing a door that provides great insulation is a must-have.
  • Replace Old Windows: Replacing old windows with new energy-efficient ones can help to significantly reduce utility bills and improve insulation and cooling. While new windows aren’t a differentiating factor in itself, the savings that renters or buyers will experience will certainly help your home stand out from the rest.

Deep Clean Before Making Upgrades

Before making any minor or major upgrades, it’s important to give your home a thorough cleaning to remove clutter in the following ways:

  • Discard Unwanted Items: Do a walk around your home and make a list of all items, such as furniture, decorations, etc., that are unwanted. Depending on their condition, consider discarding, recycling, or donating them.
  • Use Natural Cleaners: While chemical cleaners are commonly used for home cleaning, you can use a host of natural items as well, such as vinegar, tea tree oil, lemon, and borax.

Additionally, it’s best to wear a face mask while cleaning to protect yourself from dust and dirt.

Marketing Your Property

If you decide to rent out your property, you can definitely benefit from a vibrant advertising campaign! In addition to spreading the word via social media, it’s a good idea to put a face on your business by using free online design tools to create your own unique logo. Then, share your logo via social media and also add it to any outgoing emails or newsletters to further raise brand awareness.

Utilize Social Media Platforms

Social media platforms like Facebook, Instagram, and Twitter can be powerful tools for marketing your property. Create engaging posts that highlight the best features of your home, including high-quality photos and detailed descriptions. Utilize stories and reels to give virtual tours or showcase different aspects of the property. Engage with your audience by responding to comments and messages promptly, and consider using targeted ads to reach a broader audience within your desired demographic.

Host Open Houses and Virtual Tours

Hosting open houses can be an effective way to allow potential buyers or renters to experience your property firsthand. Ensure your home is clean and well-staged to make a great impression. For those who cannot attend in person, virtual tours are an excellent alternative. Use video conferencing tools to walk through the property, answer questions in real-time, and provide a comprehensive view of the home. This approach not only broadens your reach but also caters to the growing preference for online property hunting.

When it comes to selling or renting a property, there are a host of factors you’ll need to consider. But making key upgrades, investing in a home management app, improving curb appeal, starting (as well as marketing) your own LLC, and deep cleaning before showing are great ways to fetch the best price for your home by generating interest among buyers.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here