If you have a vacation rental property, chances are that you’ll simply have to renovate it from time to time to keep it looking fresh, clean and welcoming. If you update your rental property regularly, it will inevitably lead to more bookings, which will ultimately increase your revenue.
Now, just because your rental property is just that – rental – it doesn’t mean that you can be sloppy regarding its style, and especially its safety. So, here are some easy renovation projects that can be done quickly and easily but that can mean a world of difference when it comes to boosting your vacation rental property on the market.
The floors are the part of any property that experience the biggest wear and tear. That’s why you need to make sure that the flooring material you use initially is sturdy and durable, to avoid having to change it too often. Next, make sure you find the right floor cover in areas such as the living room and the bedroom. Keep in mind that woolen carpets are extremely durable, hypoallergenic and fire retardant, which basically makes them the perfect choice.
Next, make sure that you update the look of your rental property’s walls on a regular basis. First, inspect your paint and see if there’s any chipping going on, or if there are any stains or any other marks that shouldn’t be there. Also, depending on the age of your property, do know that chances are that it contains asbestos. In Australia, for example, every home built before the 1980s commonly featured asbestos cement materials, which are proven to be very harmful when inhaled. That’s why comprehensive asbestos testing in Sydney is so sought-after nowadays. So, make sure that your vacation rental property is safe for use and inspect your walls as well, to see if there are any traces of asbestos in them.
A lot of rental property owners, when furnishing their rental properties, make the mistake of buying the same type of furniture that they would get for their primary residences. To avoid making the same mistake, and to make maintenance significantly easier, avoid leather furniture pieces, as well as anything else that requires special care. Upholstered furniture is the best choice here as the upholstery can be replaced easily (and relatively cheap) in case something happens to the original one. So, carefully inspect your furniture to see if anything’s damaged and needs to be replaced or fixed.
Furthermore, you need to inspect the state the mattresses in your rental property are in. It’s important to keep in mind that people who rent out your property for vacation are looking to rest both their bodies and their minds, and if the mattresses are old, worn out or simply uncomfortable, resting on them will simply not be possible. While it is true that you can’t expect to find the perfect mattress that will suit everyone’s taste, you can at least make sure that you invest in good-quality ones up front, that will last you for many years to come.
Finally, keep in mind that nothing has the ability to completely transform the room as lighting does. Sure, having plenty of natural light is excellent, but you need to make sure you provide your guest with good quality lighting even when the sun goes down. So, inspect your light bulbs and see if any of them need to be replaced. Additionally, if you haven’t done so yet, replace the incandescent light bulbs with more energy-efficient alternatives, not only to cut your property’s energy waste (and thus, the energy bill) but to provide your guests with the light that is as similar to the natural light as possible.
So, as you can see, you don’t have to blow your budget in order to improve your offer. You just need to make a few alterations and a couple of smart investments that will instantly make your property more desirable.
by Cooper Klein