- Investing in upgraded fixtures, heated floors, energy-efficient doors, and windows can make a rental property stand out.
- Installing a solar panel system can reduce tenants’ utility bills and make the property eco-friendly.
- Smart home technology like smart thermostats, motion-activated lights, and voice-activated assistance can make a property more attractive to tech-savvy tenants.
- Adding landscaping features like small patios, outdoor fire pits, and pools or hot tubs can make the property more inviting and luxurious.
Renters are always looking for something special when it comes to finding their ideal home. While offering the same amenities as everyone else in your area may be tempting, you will stand out more if you can provide something unique. Here’s what you need to know about implementing unique amenities into your rental property.
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Improved House Fixtures
One of rental properties’ most common amenities is updated or upgraded fixtures. Depending on your budget, this can make all the difference in attracting potential renters and will show them that you are invested in providing a top-notch living space. Here are some examples:
Heated Floors
Installing heated floors in bathroom or kitchen areas is a great way to give prospective tenants an added touch of comfort. Investing in an efficient floor heater can provide a luxurious and energy-saving benefit. In fact, you may even be able to offset the increased utility costs with the extra money you receive. This is also especially beneficial for units in cold climates, where tenants are looking for extra warmth during winter.
Energy-efficient Doors & Windows
High-quality, energy-efficient doors and windows will help keep tenants comfortable all year round. Not only can this reduce their utility bills, but it can also make them feel more secure in their home. You may also be able to collect tax credits and grants for making energy-efficient upgrades to your property.
Solar Panel System
Consider installing a solar panel system if you’re looking for a more modern and eco-friendly amenity. Not only will this save tenants money on electricity bills, but it can also help reduce your carbon footprint. Plus, depending on the type of units you’re renting out, offering tenants discounted rates in exchange for using solar-powered electricity may be possible.
Smart Home Technology
Investing in smart home technology can also appeal to more tech-savvy tenants. By offering these amenities, you will be able to differentiate your property from others in the area. Here are worthy investments:
Smart Thermostat
Installing a smart thermostat can help tenants regulate their home temperatures more efficiently and even reduce their energy bills. For starters, you can offer a thermostat that allows users to control their temperature settings remotely. There are even some models that allow tenants to use voice commands to make adjustments.
Motion-Activated Lights
In addition, you can also install motion-activated lights throughout the property. This not only gives renters an extra sense of security but also allows them to conserve energy when they leave for work or vacation. Plus, if you’re looking for a more sophisticated system, you can even get a setup with an automatic timer or dimmer switch.
Voice-activated Assistance
Adding voice-activated assistance will make your property stand out from the rest. Tenants can use this technology to play music, check the weather, and even order groceries with just their voice. They can even connect it to other smart appliances in their home, allowing them to control lights and temperature from anywhere in the house.
Landscaping and Outdoor Features
Finally, you can further enhance your rental property by investing in landscaping and outdoor features. This could range from creating an area for tenants to relax during the summer months to installing outdoor lighting for added security. Here are some additions to consider:
Small Patio or Balcony
Adding a small patio or balcony to each rental unit is an excellent way to provide extra space for tenants to enjoy the outdoors. You could also consider setting up an outdoor kitchen with a grill and seating area so they can entertain guests comfortably.
Outdoor Fire Pit
You can also add a fire pit in your patio or backyard area. This can be a great place for tenants to gather around on cool nights or during special occasions. It also provides an extra sense of security and makes the property look more inviting.
Pool or Hot Tub
Adding a pool or hot tub to your rental property is another great way to make it stand out. Not only will this offer tenants some much-needed relaxation, but it can also be used for social gatherings. Plus, you could even consider investing in a heated pool cover that allows them to use the facility during cooler months.
When it comes to enhancing your rental property with unique amenities, it pays to think outside the box. In addition to offering basic amenities such as upgraded fixtures and energy-efficient windows, you can also give your tenants a luxurious experience with additions like solar panel systems, smart home technology, and outdoor features. Doing so will not only help make your rental property stand out from the competition, but it could also potentially bring in more money. Investing in these amenities may require a little more work, but the rewards are worth it.