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Evaluating Benefits: Upgrades to Your Rental Property

Woman wearing yellow gloves and red shirt painting kitchen cabinets. Organizing to upgrade your single-family rental home once a year is not just a wise investment strategy but, in particular, a financial security measure. Just as rental homes must be regularly maintained, they should, moreover, be updated to keep them current and competitive in the market, thereby making certain of a steady increase in property value in due time.


Property values throughout San Fernando Valley rely strongly on the home’s condition, so investing a little to revamp and upgrade things a few times is worth the time and cost involved.


Be that as it may, not all upgrades grant direct benefits for property owners. In reality, a number of enhancements have particular advantages for residents but don’t add much to the property’s value or help protect your investment better.

Reasonable upgrades to maintain property value

Affixing new kitchen cabinets in your rental properties may, at first glance, seem like an upgrade that would benefit you and your residents. Your residents will be blissful and glad with tip-top cabinets, and you might conclude that new cabinets would keep your property values escalating. But for real, kitchen cabinets are one upgrade that isn’t worth the cost because any increase in value you might see won’t equate to what you’ve spent on the job.


If the kitchen cabinets in your rental are in straightforwardly dismal shape, you should certainly replace them with something proper. Otherwise, a good cleaning or a coat of paint or stain is all your cabinets need to keep them fantastic.

Fancy stylings usually do not add to property value

Another upgrade that has far more benefits for the residents of a rental home than for the owner is high-end window treatments. To customize their space, residents may urge for upgraded blinds, valences, or drapery systems.


But while owners expect residents to make a rental home comfortable, there’s no serious or significant benefit to providing any window treatments beyond a few really good but essential blinds or shutters. Fancy window treatments don’t add a lot to the overall value of your property and are tied so deeply to an individual style that they scarcely have a wide appeal.

Trendy decorative features may not benefit tenants

Speaking of personal style, other decorative features like custom garage doors, grand paint colors, and so on seem like grand way to draw in quality residents. But, in fact, as with window treatments, the appeal of decorative features is a matter of personality. Consequently, upgrading beyond good quality, basic doors, windows, and interiors holds very few to no benefit for property owners.


Residents may like trendy decorative features briefly, but as trends change, so will that fascination. To give rise to a quality home with lasting appeal, avoid the recent trends and keep in mind the less exciting but definitely more tried-and-true décor for rental homes.


Whether you’ve finished upgrades or not, rental property maintenance should continually be a priority to maintain value. At Real Property Management West San Fernando Valley, we uphold your San Fernando Valley investment while bringing about pleasant relationships with your residents. For more information about our property management services, please contact us online or at 818-727-0100.

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