Most homeowners don't know where to start when renting a home for the first time so, the experts at Advanced Title Company in Clifton came up with this post to guide you through the basics of this process. Keep scrolling!
The real estate market is ever-changing, hence the need to have professionals guiding you every step of the way. Call Advanced Title Company at(970) 255-7677if you need help keeping up with real estate paperwork and title insurance in Clifton.
Are You Planning on Renting a House?
It's important to keep something in mind: what clients are willing to pay not only equates to the property's value or how much you spent on remodeling it. Therefore, if you are thinking of making changes to your property to increase its appraisal, you must be selective and have priorities in its transformation.
Don’t Neglect Its Appearance
As time passes, parts of the house begin to look more old and worn, lowering the perceived value to the expert eyes. Furthermore, some sections are more worthwhile to renovate than others. For instance, the painting of the walls is one of them. New, consistent paint is a quick and easy way to increase the value of your property. Also, looking for waterproofing humidity areas is essential since you could upset a potential client otherwise.
Another thing to keep in mind is your backyard. In this place, cleanliness is sought more than anything, ensure that the patio doesn't detract more from the appearance than it adds. You can get new grass and plant flowers or trees to make it look better.
Check the Appliances
When someone is looking for a house to rent, they're not only looking for aesthetics. They also look for functionality, seeking to do housework quickly and in a less complicated way as possible. This makes customers pay close attention to appliances since these should look new and neat. So, the customer must have the certainty that these devices will not cause them any inconvenience. It would also be helpful to do so while consuming the least amount of energy possible, as this trait increases the value of your property.
Regarding services, whether the tenant pays it separately or is included in the rent, both parties can benefit from more efficient and affordable appliances to maintain.
Appliances to consider and keep an eye on:
Washing machine
Drying machine
Stove
Microwave oven
Climates
Lights (make the switch to LED technology)
For more advice on selling or purchasing an asset, get in touch with an authority at Advanced Title Company and feel free to ask them about any doubts regarding title insurance in Clifton. For more information, call (970) 255-7677.
Renovate the Kitchen and Bathrooms
The kitchen and bathrooms are perhaps the most critical areas when looking to increase the value of your rental home. If you are already investing in new appliances for your kitchen, changing it completely is the next step to make it look like new. If this is a bit out of your budget, cleaning your kitchen professionally can make it look more attractive without the need to change it entirely.
Remodel for a General Public in Mind
If you are in the process of remodeling and buying decorations, one can unconsciously look for the stuff that aligns with personal taste and adjust them to one's liking. The problem is that each person has different preferences and needs. What you need may even be the opposite of what someone looking to rent your house needs.
Instead, try to start from scratch and make your home attractive to as many people as possible. Use neutral colors and timeless styles, so your home can be inhabited by different types of people for a long time without making it feel old.
Look for an Additional Touch That Makes Your House Stand Out
If your property is in a very competitive market, you may consider adding some special "extras" to attract the attention of tenants looking for something quaint. This can also raise the value of your rent since your house has a "plus" that the others do not.
For example, you could invest in a good sound system, make the home smart (be it lights, curtains, etc.), or invest in higher-end appliances. You can make a home look luxurious for a modest price and thus increase the rental value.
For professional advice on selling or buying a home, get in touch with a specialist at Advanced Title Company. Ask about all their services and the benefits of title insurance in Clifton. For more information, call (970) 255-7677 today!