Apart from your daily job earnings, renting out your property might be a good source of passive income. All you have to do is attend to their demands if a problem with the rental arises. Because of this, renting out your property isn’t going to be a walk in the park. While the potential income that comes from it is appealing, you won’t be able to achieve it if you can’t attract tenants.
Ideally, you should maximize the potential of your home in order for the renters to make the most out of the rental fee. If you want to find out how much you can rent it out for and appraise it, you can see it here. Furthermore, to ensure you get the right rental price, here are some of the amenities that can help you attract more tenants to your property:
- Kitchen Island
Almost every family would love to have a beautiful kitchen in their homes. While having a large kitchen is extremely helpful, adding a kitchen island would surely pump up your property a lot more. It can be used as an additional countertop table, a seating area, and can even fill an empty floor space. It’ll help to make a wide kitchen look full yet balanced.
When adding a kitchen island, ensure that you allow enough walking space around it. For added beauty, you can install a minimalist light fixture above it to put in depth and definition inside the kitchen. With an island, more tenants would surely put you at the top of their rental list.
- Backyard
A great backyard is excellent for all kinds of people. Whether you want a place for your dog to run free or a place where you can relax and enjoy the vast garden space, a backyard can provide you with a variety of benefits, depending on how you design it.
If you want to attract more tenants to your rental property, having a backyard will undoubtedly put you ahead of the competition. If you already have one, you can highlight it as one of the important features of your home. Just ensure that you clean and maintain it well to retain its natural beauty.
- Laundry Room
One of the most important features that homeowners overlook when renting out their properties is a laundry room. While there might be a laundromat near your area, it would still be best if they could do their laundry at home. This will take away the inconvenience of having to go out just to carry their dirty clothes to the laundromat.
When you add a laundry room, you must also include the necessary appliances. Ideally, you should include a washer and dryer for a complete package. Moreover, additional cabinet spaces would be beneficial so that residents could hide their laundry soap and other laundry items.
- Pet-Friendly Home
When looking for a new home, one of the first things most people look for is whether or not the property is pet-friendly. If they’re eyeing a house and later learn that the owner doesn’t allow dogs, they’ll immediately move on to another rental property. People who consider their pets to be members of their family are more likely to look for a home that can accommodate them.
If you let dogs into your property, you should consider replacing the flooring with something more pet-friendly, such as marble or vinyl tiles, which tenants can easily clean when their pets make a mess. To make things more convenient for the residents, you might want to add a fenced area where their pets can run wild and free without disturbing the other parts of the house. By making your property pet-friendly, you’ll be able to attract more interested tenants.
- Walk-In Closets
Standard homes only have regular cabinets where different articles of clothing can be stored. However, if you want to set your home apart from the competition, installing a walk-in closet, particularly in the master bedroom, would be ideal.
A walk-in closet can help make a room appear and feel larger. It would also let tenants feel as if they’re shopping for clothes right inside their own homes. You can also add a full-length mirror and vanity table to enhance its functionality. The type of door to be used for your closet cabinets would depend on your preference. You can leave them open or you can utilize a sliding door to hide the clutter. Just ensure that there are dedicated spaces for your folded clothes as well.
The Verdict
Making your rental property attractive is something that you should always prioritize. However, if you want to attract more tenants, adding useful and attractive amenities will definitely help you rent out your property at the right price. You are free to experiment with different features as long as they fit your tenants’ needs.