It doesn’t take a lot of extra effort for a landlord to make a vacant unit look like a place renters want to call home. My years of experience dealing with property investors revealed some interior works to likeliest add value to your real estate.
Fresh paint is the cheapest way to refresh a unit that looks tired or dated. The competition for a potential renter’s interest starts in whatever areas the renter sees as he or she arrives at the unit, so first impression counts a whole lot. A newly painted house never fails to lift the spirits!
In small spaces, the conventional wisdom is to use light colors throughout the house to make spaces feel more airy and open. But it doesn’t have to be so. Give some pop to the room by painting all your walls in a light hue and then finish one in a striking color. This gives your room a focal point and in effect, makes the rest of the room disappear and feel more spacious.
When you are trying to sell or lease out your apartment, use texture, layering, and lighting to enhance the rooms. Where budget allows, some basic furniture, art and accessories are a great way to bring color trends into your home and create that wow factor. The place should also be adequately lit at all areas to make it more appealing.
You won’t go wrong renovating an outdated kitchen or bathroom. For the kitchen, focus on the basics: refacing existing cabinets; installing a new wall oven, cooktop and sink; refinishing or overlaying old tiles. Rejuvenating an old bathroom costs much less than updating a kitchen. Enhancement works here can include the installation of a new bathtub or shower screen, WC and vanity counter.