Ways to Increase the Rental Value of your Home

1. Invest in landscaping

If you have a garden or backyard don’t ignore it. If it looks like a mess with overgrown weeds and junk, your potential buyers and renters will judge your ability to maintain the rest of the home also based on this. Good and well-maintained landscaping will give you the highest return on your money, as well as elevate the look of the exterior.

2.Clean your home inside and out

Potential buyers and renters are more drawn to homes that have space and light, so if your home is overcrowded with junk, too much furniture, dirt and dust, your asking price will take a big hit! Make it a point to regularly clean your home and get rid of things that you don’t use. A clean and welcoming house will get a lot more attention than a dingy home filled with junk.

3.Update your kitchen

The kitchen is considered to be the heart of your home, it’s a space the entire family shares and where a lot of time is spent. So, when your kitchen has old cabinetry, draws that stick and tiles that are stained, the interest of the other party is diminished. If you, however, update the look and feel of the kitchen you’ll be able to add this as a major benefit of choosing your home, you can even increase your asking price based on this.

4.Remodel your bathroom

A dirty or shabby bathroom with water stains, mold or discoloured grout is a major NO. The bathroom sees the most amount of wear and tear and its also a high traffic zone like a kitchen. If you update the tiles or the faucets, clean up the mold and grout and add a new splash of paint, you will get 100% returns on your investment.

5.Lighting

How old is your home? If it’s more than 10-15 years old, you might want to upgrade the lighting that you have. See if you need to go brighter, or warmer, replace ugly exposed tube lights with more sophisticated and modern options. Choose sconces or lamps to add some style and also make your home look more liveable and less sterile.

These are just a few ways in which you could increase the asking price of your home, this is all done in addition to the painting and minor fixes that you will do before putting your house on the market for sale, rent or lease. If you need expert services to sell or rent your home faster, do visit Nimmadhi.com or just drop us a message.