If you’re preparing an older Kalamazoo rental property for new tenants, maybe you’re hoping to renovate to cater to the newer generation of renters. There are, however, a few things in older homes that you shouldn’t remodel; so, don’t get ahead of yourself! These are the features that give your home that warm and cozy vibe — trying to remodel them might not be the best idea, as it can also prove to be quite expensive. Before you change any unique features of your property, think about what features you can keep.
Is long-term maintenance your main priority right now? Don’t be so quick to remove or cover up hardwood flooring. The elegance and beauty of a hardwood floor can be very alluring to tenants; so much so that it could even boost your property values. Carpet cleaning won’t even have to be an issue!
Exposed Beams and Mantels
And, if your property has wooden mantels or exposed ceiling beams, maybe reconsider removing or painting over them. The natural wood features appeal to a lot of homeowners and renters because of their alluring warm beauty. Refinish a wooden mantel or leave your rustic wood beams as-is, lending a charming farmhouse feel that will distinguish your rental from all of the others in the neighborhood.
Millwork, Arches, and Pocket Doors
Older homes, especially those built before the turn of the twentieth century, often have unique design features like distinctive crown molding, arched doorways, pocket doors, and even medallions and other trim on the ceilings and walls. These features may not “fit” into the aesthetic of modern architecture, but they do have their own flair to them. Their unique details are once again trendy and in-demand, making your rental property’s appeal even more attractive.
Another very sought-after feature of older homes is stained glass. Stained glass windows have always found their place throughout history, even if there are those that find it unattractive. This is why you can use its own charm to your advantage. Colored glass panes help add light to dark spaces while preserving privacy. Those stained glass panes can also be moved to a bathroom window if ever you so choose. This can maintain the home’s unique style and history while still attracting a variety of new renters.
Banquettes and Butler Pantries
After so many years of homes built without utility rooms and built-in features, these useful elements are finally making a comeback. Thus, if your older rental home has a butler pantry (small room next to the kitchen) or banquettes (built-in bench seating), it might not be a bad idea to keep them. A butler pantry and built-ins will certainly prove to be useful and convenient for homeowners and renters alike — these are added areas of storage and utility for them, after all.
A rental property renovation will not come easy. However, it’s key to capitalize on the property’s unique details. Don’t try to get rid of them; instead, make good use of them so that you can raise the value of your property.
Would you like to learn more about creating a rental property that tenants will love? Trust the local experts at Real Property Management Investment Solutions. You can call us at 616-419-4578 or contact us online.
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