Could a Home Remodel Make Your Rental More Desirable?
By Kaitlin Krull
When it comes to home ownership, there are always things that can be done to make your house better. While some homeowners choose to undertake large scale home renovations all at once, others tackle smaller jobs as they come up in order to bring their homes up to date. Our friends at Home Improvement Leads are committed to helping you make your home as beautiful and comfortable as you want it to be. Because we all know that these qualities are particularly important for clients who rent vacation properties, we’ve come up with a few reasons you should consider a home remodel for your rental home.
Boost positive profile and customer reviews
Nothing brings in new business like a positive customer review. If you keep on top of regular home repairs and periodically update your design and decor in your rental properties, your guests are more likely to recommend your home to others. While there’s no need to go overboard with your upgrades, we also think that a few extras will give renters one more reason to leave positive reviews on social media, brag about your home to their family and friends, and even consider rebooking your home for future vacations.
Get a leg up on the competition
As a vacation property owner, you will know that competition is often steep and the choices for renters are almost endless. Securing a booking over large hotels, convenient Airbnbs, and cheaper rental properties can sometimes prove difficult. A basic home renovation (upgrading appliances, installing new fixtures and fittings, and giving your home a paint and decor makeover) can make all the difference for your rental property. Just make sure to update your online profile with the latest home specifications and pictures to entice your guests!
Show your home in the best possible light
Everyone knows that no home is perfect. Before making a booking, renters of vacation properties understand that your home will have a few small quirks and imperfections; for many, it’s one of the reasons they choose you! Completing some straightforward remodeling projects, however, can fix some of the larger issues with your home and give your customers what they deserve. A coat of paint, for example, will make your walls appear clean and fresh with hardly any effort, while a trip to Ikea can solve any storage issues your property may have previously had. Beauty is in the eye of the beholder, so try to see your home through the eyes of your guests.
Make your home a luxurious getaway
One of the primary reasons that people choose rental properties over hotels and other vacation accommodation is size. Families in particular appreciate having room to cook, clean, relax, and sleep in a space much larger than a single room. However, it can be easy for vacation rental properties to focus on this benefit and forget about the little luxuries that customers would receive in a hotel. Remodeling your home to incorporate the latest technologies, design trends, and high quality amenities will let your customers know that you care about them and their experience in your home.