Your tenant just moved out of your Houston Rental Property and after doing the usual painting, carpet cleaning and other duties that you would do after a tenant moves out you’re starting to wonder if now would be a good time to do some renovations to your rental property because you would like to rent your property for more money.
In this post we will share with you the top 5 renovations you should consider making to your Houston Rental that will not only increase the value of your property but also enable you to rent it for more money.
Renovation #1 – Improve The Bathrooms
Since we all spend more time in bathrooms then we do in kitchens you should first consider investing some renovation money into the bathrooms in your rental property.
Bathtub – If your Houston Rental Property has an old shower / tub combination consider having that removed and replaced with just a stand alone shower or a soaking “garden tub”.
Sink – Consider replacing the bathroom sink with either a Jack and Jill style sink (depending on bathroom size) or if it’s a smaller bathroom you should think about replacing the old sink with a pedestal sink since these sinks economize for space and look stylish.
Flooring – Remove carpeting from the bathrooms in your rental property and replace with vinyl or slate flooring.
Tile – Although the tile in your bathrooms may still look in good shape the reality is that tile grout does carry bacteria depending on the age of the tile. You should consider having the tile regrouted and repainted or replace with another surface.
Renovation #2 – Make Some Improvements In The Kitchen
Sadly, many people who own rental properties in Houston and across the United States make the mistake of going “overboard” with their kitchen renovations.
To save you money in the ktichen here are some renovations you should consider:
Cabinets – Instead of replacing the kitchen cabinets you should sand them down and resurface or repaint them.
Knobs and Handles – Replace hardware on kitchen drawers and cabinets with new hardware.
Flooring – Save money on the flooring in your kitchen by replacing it with vinyl, slate or bamboo flooring.
Renovation #3 – Improvements For The Bedrooms
Since the bedrooms in most rental properties are “dark and dingy” you should consider adding more lighting in each bedroom like ceiling fans or recessed lights. It’s also a good idea to consider increasing the closet space in bedrooms as since closet space is what most renters will be looking for when they are viewing a rental property.
Renovation #4 – Work On Curb Appeal
Last of all, but most important, another great renovation that you can make to your Houston Texas Rental Property is improving the curb appeal.
Curb appeal is important because it’s what motivates renters to get out of their vehicles to view the inside of your property so if your rental has curb appeal that’s somewhat lacking you should consider making some curb appeal improvements by doing the following:
- Add sod or grass in the front yard.
- Paint any fencing that you may have in front of your home.
- Remove trash, debris or garbage.
- Replace your old mailbox.
- Paint your front door.
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