When renters are searching for a new property to call home, there are certain features that top their list. Having a property that contains these desirable features can help differentiate your rental from the competition. Learn what amenities will help get your property rented quickly.
1. LocationLocation always was and always will be the most important feature of a property. If you are in the right location, you can command higher prices for your rentals without having to do much else. Renovations and square footage become secondary concerns. People are much more willing to compromise on other amenities if they are in a location that is desirable to them in some way. Think of any area close to a large city. People are willing to pay much higher prices to be in the heart of it all- close to transportation, shopping, food and entertainment.
Keep location in mind when you are:
3. Open Floor PlanRenters love an open floor plan. An open floor plan can help a smaller space appear larger. Many feel a kitchen that is open to the living space allows for better entertaining.
4. Stainless Steel AppliancesProspective tenants love the look of stainless steel appliances. If you can’t afford stainless steel appliances, stainless look appliances are also sold, which are cheaper. The next important factor, regardless of the finish on your appliances, is to make sure your appliances match. A black stove, almond refrigerator and white dishwasher will not be the most attractive. In addition, do not underestimate the draw of a dishwasher. It provides a touch of luxury for some and is a necessity for others.
5. Available Parking- Particularly Off-StreetFor renters with cars, parking is incredibly important in a rental. Off-street parking is even more desirable. Being able to provide the tenant a spot in the driveway or in a garage will help get the unit rented quickly.
In suburban areas, parking is more readily available. As long as a tenant has a place to park within close proximity to the property, even if it is on-street, they should be happy.
For tenants with cars in more urban areas, parking will be a bigger issue. If there is not a designated parking spot included with your rental, you should make negotiations with a neighbor to provide a parking space or you should at least be able to point the tenant in the direction of the nearest parking garage. If this garage is too far away from your property, more than five or six blocks, this could be a deal breaker.
6. Laundry in Building/Unit No one wants to have to drag their dirty clothes all the way to the Laundromat. A washer/dryer in the apartment is a huge plus, especially for apartments that are walk ups (not on the first floor). If you are not able to provide in unit washer/dryers, then providing a washer/dryer in the property for the tenant’s use is the next best option. Even if the tenant has to walk down to the basement to use it, it is still better than having to lug a laundry bag four blocks or getting in the car to go to the Laundromat.
7. Closet Space/ Storage Space Everyone has belongings they need to put in the closet, whether it be clothes or a vacuum and holiday decorations. If your unit does not have adequate storage space, see if there is enough space to add another closet. If there is not, do you have a basement, garage or storage shed where you can allow the tenant to store their belongings?
8. Large Windows/Natural Light No one wants to live in a cave. Why do you think realtors open all the windows and blinds when showing a property? It is to let in as much natural light as possible. Natural light will make the property look warmer and more inviting. Sunshine also helps to improve a person’s mood.
9. Outdoor Space- Balcony or Yard Access If a tenant has a place to barbecue or to sit out and read the newspaper, this is a bonus. Even if it is not a private backyard or balcony, having some type of outdoor space can help rent out a property or can allow you to charge higher rent, especially in an urban area.
10. Central Air Conditioning In warmer climates, not having central air conditioning in your rental unit can be a deal breaker. For more seasonal areas, central air is a luxury. It can be difficult and costly to install central air conditioning in older properties because you will have to rip open the walls and install all the proper ductwork. If your property does have central air or you feel the value it will add is worth the expense of installing it, make sure to emphasize this feature when marketing your rental.
Read the original article here from About.com.
About Quality Maintenance & Repair Service, Inc
Quality Maintenance & Repair Service, Inc is a full servicecommercial janitorial company servicing the Jacksonville Florida and surrounding areas. We provide expert, quality and affordable cleaning solutions for large and small properties. In addition to janitorial services we also provide maintenance services such as window washing, carpet cleaning , tile floor care and general building maintenance.
Office: 904-388-8790 Fax: 904-388-8799 Email: email@example.com
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The official blog of Quality Maintenance & Repair Service. We are full-service janitorial company, servicing Jacksonville Florida and the surrounding counties since 2001.