Tips and Tricks to Increase the Value of Your Rental Home

When renting a house, people often have the mindset of "letting others live in the house" and don't want to spend money on renovations. In fact, with some tips on building or renovating a rental property, you can increase the rental value significantly and attract more attention from potential tenants.

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DO:
1. Use white paint
Use white wall paint to create a clean feeling for your rental house. White paint will make the space feel new and spacious. Investing in wall paint is not difficult, right? But it will bring a very positive visual appeal!
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2. Use tile flooring
Don’t think about using simulated tiles to save money. Use tile flooring because they have a much longer lifespan, from one owner to another, they are still durable and shiny. Your rental house will not lose its value just because of a little savings on the floor.
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3. Pay attention to showerheads and faucets
Showerheads and faucets indirectly hint at the water system inside the house and cleanliness. If the faucets are leaking, replace them immediately. If they are not shiny and clean, don’t hesitate to clean them. When entering the bathroom, dry and shiny faucets create an absolute sense of cleanliness, even if the rent is slightly higher, the customers will still be satisfied.
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4. Use black tiles

If white paint creates a clean feeling, then use black tiles for the floor, kitchen countertops, or wall tiling. Other dark colors are still preferred, but black or charcoal gray is still the optimal choice. House floors or wall edges are places that are prone to dirt, becoming dirty and fading over time. Black is a practical and long-lasting way to hide the traces of time for the house.
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DON’T:
1. Use wooden kitchen utensils
The brown wood color in kitchen decoration seems to have become a “tradition,” especially in rental apartments. Make your rental house stand out and leave a lasting impression on customers with a different color. White, green, or dark gray. In particular, kitchen cabinets with brown wood color or honey yellow can look very “classic” but because of that, they will inadvertently make your kitchen corner look old and outdated.
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2. Install chandeliers
Many people think that installing chandeliers in the living room or kitchen will increase the value of the house. No! Chandeliers are not important in increasing the rental value of the house. Be smarter and save costs by replacing the lightbulbs. That’s enough to attract customers and score points.
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3. Choose a bad painter

You have spent money repainting the house, painting the rooms with pure white. Don’t hire unprofessional painters just to save a little labor cost. A wall painted by a skilled team, you may not see the difference, but in the long run, paint adhesion, color reflection, you will realize the price of good paint, the painter has the skills.
4. Ceiling fans
Don’t rush to install ceiling fans, wait until a customer is willing to sign a contract to decide with them. Not everyone likes ceiling fans, that’s the reality of this era. Thinking that installing ceiling fans will make guests feel that the house is fully furnished, convenient, and accepting a higher rental price is actually not reasonable. Instead, you can propose that this house can still install a ceiling fan if the customer wants.
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