An empty apartment presents an opportunity for management to make improvements. However, major renovations can be significant in terms of cost and unit down-time. Focus should be placed on strategic updates that can quickly provide the greatest impact and return. When deciding upon those, it’s key to know what tops today’s renters wish-lists.
Technology as simple as adding USB outlets incorporates an updated element to the unit. On-trend color scheme on the walls and cabinetry – greys, whites and blues – give the apartment a modern feel. And like homes, kitchen and baths are a focus for renters. Easily update fixtures and drawer pulls, and reframing bathroom mirrors for a complete look.
Choosing small upgrades that have a significant impact on an apartment’s look and feel can not only improve your rental income, but also ensure that it’s never vacant for long. Check out more tips below from designer and award-winning Home Stager Kate Hart.