Want to increase the value of your home? Check out these tips from real estate expert Larry Starr of Sarasota!
When it comes to rental properties, presentation is vital. With some sound, wise remodeling, you may make your rental property more photogenic and presentable. This will help you draw in renters and maximize the value of your property. Larry Starr, a leading rental real estate property expert from Sarasota, Florida, provides insights for remodeling your rental properties.
“Before looking at your own vacation rental property, it’s smart to head to your favorite vacation rental website and look around for properties that draw your eye,” Larry Starr suggests. “What properties would you want to rent when you’re going on vacation?”
While looking around and finding attractive rental properties, you may notice that they often have things in common. You can read reviews too, to see if people frequently comment on certain things, like natural light.
“For me, I look for lots of natural light and a nice outdoor area, such as a patio or balcony. Privacy is also important,” Larry Starr says. “Patios are relatively affordable to build, while you can cheaply plant bushes or put up some privacy lattice.”
One thing people overlook is curtains. Curtains and blinds are among the cheapest functional decorations in most homes. Even high-quality curtains are generally quite affordable. On top of that, they also tie rooms together and can change the look and feel of your home.
“Ask remodeling experts and they’ll tell you that kitchens are one of the best ways to add value,” Larry Starr of Sarasota says. “Still, remodeling kitchens can be expensive. That said, repainting cabinets, installing a new sink, and getting a better dining room table can improve your kitchen area while keeping costs low.”
Larry Starr of Sarasota Discusses Remodeling For Today and the Future Too
When you do remodel your rental property, you’ll want to plan for not just today, but also well into the future. The right choices during the remodel can keep your home looking fresh and in good condition for years to come.
“When it comes to cabinets, flooring, and the like, you want to use high-quality materials that will last for years and that are easy to clean,” Larry Starr of Sarasota says. “Wood floors are often a better choice than carpet and tile, for example. Wood doesn’t go out of date quickly and is easy to clean.”
Open floorplans have been quite popular for many years now. Especially with rental properties, opening up spaces can help make your property more attractive. Larry Starr says that knocking down walls often makes sense.
Another smart idea is to add amenities that help your rental property stand out.
“A lot of vacation rental properties don’t have a washer and dryer,” Larry Starr of Sarasota notes. “Simply adding a washer and dryer may lead to more people looking at your property. On Airbnb and the like, you can filter for amenities, and a lot of people look specifically for units with washers and dryers.”
