Renting your house is a good way to earn an income from it, however a little effort from your side can strike a better deal with your perspective buyers. This article will briefly highlight some of the strategies and tip by which you increase the appeal of your property and ultimately its value also.
Grooming of your house is the first thing that you need to do, and nothing can be better than a fresh coat of paint. Cleaning your windows is also equally important; this will not only spruce up the house, but will also allow more sunlight to come in. This step includes the cleaning of every part of your house. For your bathrooms, clean tiles, flooring and taps well. Makes sure all taps and electrical fixture are in good working condition. All the burnt out bulb should be replaced. If there are any problems of seepage or drain clogging then get it rectified as soon a possible.
The kitchen is a next important area, which buyers take notice of. The kitchen cabinets and all the counters should be cleaned properly. These are some really simple ways of giving a neat and tidy look to your house, and the best part is these just require some time and effort from your side, and are quite affordable as well. There is no need of doing any kind of extensive renovation, as every person has its own preferences.
Improving the utilities of your house is the next important step. Although changing basic amenities are really not possible, but you can definitely enhance the basic utilities. Carving out ample parking space or providing power back up are some of the things that you can do providing these types of utilities, a tenant will quickly snap up the house. Also a tenant will not mind paying some extra amount for these basic facilities. So by adding all these you can add an appeal to your house only. Other things that you can give are the double doors, cylindrical locks or burglar alarm.
Proving extra space is the mantra to beat the competition in this market. If it is not possible for you, you can increase the storage space. Ample storage is what every tenant looks for. To do the same, make sure you get rid of all the junk from your house.
Pricing it right is also important as the other factors. Most of the landlords depend in the neighbourhood brokers to find a tenant for them. But here we have to understand that the main interest of the broker is to get the highest commission, it does not matter to him whether your property is vacant for months but as a landlord you will be loose your money for every month if it lies vacant, so don’t quote very high price also.
However, to save on the broker commission you can also advertise online for free of cost. There are a large number of portals, which help you advertise your property free of cost for a limited time. Posting attractive photos, here is always a good way to highlight the best features of the property and the locality as well.
So follow these simple tips, and get ready to get more and more profits from your property every month.
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