Home & Living
5 Affordable Upgrades To Improve Value Of A Rental Property
Being a landlord is not as easy as it looks because landlords do have responsibilities apart from just collecting rent. The landlord has to think about the maintenance of the property because a well-maintained property is always going to have high value in the market. Maintenance can be expensive and people often ignore the maintenance which is not a good idea.
If you have a rental property and you have put off the maintenance and upgrades because of tight budget then the good news is that there are a lot of cost-effective upgrades that will improve the value of the property.
Here are a few affordable upgrades for rental properties.
Updating safety:
The safety of the tenants is the responsibility of the landlords so when you are upgrading a rental property you should give priority to all the systems installed to ensure the safety of the building. A property needs to be protected against fire, electrical and other possible hazards. Make sure that you upgrade the fire alarm, electrical installation, and emergency lighting certificate so that you know that the property is protected against possible hazards. Getting an EPC is also helpful in enhancing the value of the property.
Fresh paint:
A fresh coat of paint is the most cost-effective upgrade that can refresh the look of the rental property. The fresh coat of paint allows you to make the property look new as you get to take care of all the cracks on the walls and the ceiling. If you have a large building then you should buy paint in bulk so that you do not have any problem with finding the same color.
Update the fixtures:
It is important that the fixtures of the property are in perfect condition. Whenever the tenant leaves the property and you are looking for new tenants you should get the fixtures fixed because people will check the fixtures while looking at the property. The lighting fixtures, bathroom fixtures and all the door and cabinet handles should be in good condition.
Get wood flooring:
A wooden floor is always a better flooring choice than carpet because the carpets are harder to keep clean and expensive to replace. The wooden floor is an affordable choice. The wooden floors area popular choice among the tenants and unlike the carpets they rarely need to be replaced. If the floor gets damaged it is easy and affordable to replace.
The curb appeal:
The landscape outside the rental property can have a huge impact on the value of the property. If you want to attract more tenants then you need to invest a little in improving the curb appeal. Improving the landscape is not an expensive upgrade. Make sure that the exterior of the property is painted and there are no cracks on the exterior walls. If there are any walls or plants outside rental property then they should be properly groomed because wildly growing shrubs and plants are not a pleasing sight.
Upgrading the rental property is important because it increases the value of the property and allows you to maximize your rent.
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Are you planning on replacing the windows in your basement? It’s worth the hassle if you find a modern design you love, but it costs lots of money. You’ll need to find a way to improve the look of your room while you save up.
Let’s discuss a few window covering designs that will help them look bigger and fancier. It should please whoever is sleeping in your basement at the moment. You’ll be able to recreate one of these ideas over the weekend.
1. Add Trim To Your Windows
If you browse the designs available at Canadian Choice Replacement Windows & Doors, you’ll notice everything looks good. Windows without trim look like little holes in the wall. It’s not something you’d find in a real bedroom.
Basement
You’ll discover lots of window molding options in your local Home Depot. Don’t worry about messing up when trying to attach the trim because it’s pretty cheap. Your basement windows will automatically look expensive.
2. Make Windows Appear Bigger
If you attach recycled shutters below your Peterborough windows, it will make them appear much bigger. Unless someone is looking at them closely, it will look like the shutters are covering the bottom half of your windows.
You might need to add a little trim when working on this idea. If you use your imagination, I’m sure you’ll think of other ways to make it look like your windows run further down the wall. Sadly, it won’t let more light inside.
3. Playing Tricks With Mirrors
Mirrors will also trick people into thinking your windows are larger. It will only work if you hang them directly above your windows. You can use trim to make them look like they’re part of the overall design.
Even though people won’t be able to see outside when looking at the windows, it will appear as if you can look through them, but you’ll only be looking at the basement. Rooms will look brighter because sunlight bounces off the glass.
4. Angle Windows For Extra Light
You can angle the drywall so it comes down like a slope, which will allow more light into your basement. It will feel like the window is a lot bigger, but it will look a little unnatural compared to the windows upstairs.
It’s maybe not the best idea if you plan on replacing your windows soon, as you’ll need to put a bit more work into it. Your drywall will need to be pulled down and replaced once the framing has been changed.
5. Hang Long Drapes From Windows
Long drapes will make the windows appear taller, but they could make your basement look strange. You will need to find a way to cover the walls below your windows. We’ve already mentioned shutters, but there are easier ways.
You could put a desk under your window, which wouldn’t be a waste of space if the basement dweller used it for work. If you have beds on either side of the window, you can put a table and lamp underneath it.
It’s Only A Temporary Solution
These ideas are great if you want to improve the look of old and tired basement windows, but you should save for new windows as soon as possible.
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5 Cool Window Covering Designs For Your Basement
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