When it comes to Burlingame rental properties, it’s more cost-effective to have interiors designed to stand the test of time. While trends are attractive in the short term, it can be costly to keep renovating just to keep your rental house trendy. Instead, you can make your rental property profitable by giving it a look that will last well into the future. Here are some ways you can keep your rental not only relevant but ready for what comes next to future-proof your rental home.
Choose Classic Over Trendy
You might want to appeal to today’s renters by incorporating the latest fad into your rental home’s interiors or even exteriors. But to create a timeless look that will last, it’s a much better idea to stick to a simple, classic design. The classic design utilizes a simple, sophisticated style that is both functional and highly adaptable. For a classic look, go for neutral colors and natural materials like wood, stone, and brick. Unlike trendy designs, classic design is timeless as it complements a wide range of styles and themes more than short-lived design fads. It is one way to begin creating a future-proof property.
Keep Walls & Floors Neutral
Trendy colors come and go almost as quickly as most other fads. While you might want to add that accent wall or repaint your property the color of the year, you might end up spending unnecessarily to keep your rental property from looking dated. To give your rental home that timeless appeal, choose neutral shades for your paint and flooring instead. Neutrals give your rental house a nice backdrop that your renter can customize to suit their own style. Soft beiges, grays, and crisp white trim brings the room together while allowing the resident to feel at home.
Invest in Good Lighting
Another way to future-proof your rental property is to buy lighting fixtures. For many landlords, lighting in their rental homes is an afterthought. They look for the cheapest light fixtures and bulbs they can find, thinking that these will save them a few dollars. Though it may seem like a good idea in the short term, investing in quality lighting lowers utility costs and can even increase interest in your rental house, making it easier to rent and encouraging renters to stay. This is because few renters want a home that has dark or inadequately lit rooms.
If your rental had outdated light fixtures, upgrading to new, classic fixtures would provide enough light. Try replacing tacky fluorescent lighting with modern recessed lighting which is functional and versatile. The least you can do is replace those cheap light bulbs with long-lasting LED bulbs. Even this alone will improve energy efficiency and reduce how often you have to change light bulbs each year.
Add Smart Upgrades
However, unlike other trends that simply pass, smart technologies are very likely to stay. Prepare your rental property for a future where these technologies will be the norm by beginning to add smart upgrades now. Did you know that aside from letting renters control a smart thermostat’s features from a smartphone or tablet, it can also help lower utility costs? Similarly, you can install smart locks to give your residents convenience and peace of mind when they have to be away from their homes for the day or weekend.
You can choose to either add these smart home technologies over time or invest in them all at once. Establish your rental property’s location and figure out what your target renters want so you can begin making upgrades before the opportunity passes you by.
Would you like to learn more about strategies to make your rental home as profitable as it can be, year after year? Give Real Property Management Mid Peninsula a call! Our Burlingame rental market experts can offer valuable tips and suggestions to maximize your investment property’s potential, as well as our highly-rated property management services. You can reach us online or call us at 650-696-1800.
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