6/8/2020
Small updates to make a property more valuable | Sunset Plaza Apartments Jackson | Jackson, MI
a Small updates to make a property more valuable by Sunset Plaza Apartments | Jun 8, 2020 | Sunset Plaza Apartments Jackson
Landlords nowadays have a strict set of criteria when it comes to vetting their potential tenants. The main di erence in recent years is that landlords, too, are being contrasted and compared. The younger, hip generation is also extremely socially conscious and passionately follows causes close to their heart. For this reason, landlords hoping to keep up with the types of tenants that are dominating the rental market need to change with the times. It isn’t enough any longer to rely on the old real estate adage ‘location, location, location’. The rst room to realistically examine is the kitchen. This is where nearly every culture on earth spends most of its time, socializing and preparing meals. There are many ways to upgrade an out-dated looking kitchen area. Starting with the cabinets, it can be bene cial to resurface existing ones to save on the cost of a full replacement, provided they aren’t damaged. Countertops and oors are also two components that will drastically change the feel of a kitchen. Future renters should be expected to be able to cook and prep meals without worrying about breaking a countertop. Floors, likewise, should be able to take a beating but still be pleasing to look at. On the whole, the recommended color scheme of a rental is white and o -white color tones. This gives the illusion of spaciousness and cleanliness from day 1. Looking at appliances, this is where you will really stand out from your competition. Your apartment will be more valuable if you buy more energy-e cient appliances. Anything marked by the Energy Star label means a product is 10-20 percent more e cient than average. Beyond the kitchen, there are some instant game-changers that you can do to make a stunning rst impression. Upgrade small light xtures and switch plates to modernize the space. Make sure you do a deep, thorough cleaning before any walkthrough. Never underestimate the value of curb appeal. Make sure to hire a landscaper to tidy up and plant around the units to make them more welcoming. The idea is to help people imagine living there. The other immediate facelift for any room is a fresh coat of paint. This is the cheapest update with the highest return on investment possible.
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