By Jayson Yoss
Las Vegas, Nevada – So you want to renovate your Las Vegas, Nevada Rental Property but aren’t sure what renovations you should make to your single family home.
There’s no denying that the Real Estate market is changing, and the renovations property owners were making to their homes last year are not always the same as those in demand this year. In Today’s post we will share with you 3 tips you can use to increase the value of your single family home.
Tip #1 – Make Your Home More Energy Efficient
In 2015 most renters are not just searching for a home which has 3 bedrooms, 2 bathrooms and plenty of square feet, they are searching for rental homes which are energy efficient and environmentally friendly as well.
You should consider adding energy efficient windows, low flow water faucets and one or more dual flush water closets to your home because, this will help your rental property to be more energy efficient, while helping your renter to save money as they lower their carbon footprint at the same time.
You also have to point out these cost saving features to your Tenant. If you show them that they are saving $80 per month in their electric bill, they want to choose your home over a comparable property down the street.
#2 – Kitchens and Bathrooms – Your money maker
We all know that most people spend a lot of time in their kitchens for everything besides just cooking this is why you should renovate the kitchen for your Vegas Home. But not everyone wants to spend $25,000 on upgrades so here are some good pointers:
- Back splash – you may not change the counter, but a nice back splash will make your kitchen “pop.”
- Upgrade the lighting – recessed lights, drop lights, but whatever you do get rid of those old fluorescent light fixtures. You can even get bold and go with contrasting color pendant lights.
- Accessorize – Add new knobs, handles, hinges wherever possible. For the bathroom, picture frame mirrors are the new trend and give you multiple options for later changes or upgrades.
#3 – Finish the Garage
Unlike in years past when the typical search criteria for a Las Vegas rental property didn’t mention anything garages except how many spaces, now you need to set your home apart.
Get rid of those unfinished walls; add a small set of cabinets, and if epoxy your garage floor. It is a cost effective way to set your home apart and make the renter who “loves her car” or “needs a space for tools and storage” to know that your house is “the one.”
Get More Las Vegas, Nevada Rental Property Tips Here
Speak with our team of experienced property managers about renting your Las Vegas Nevada Rental property, contact Goldenwest Management today by clicking here or calling us at (702) 685-7696.