Owners often think they need to undertake major renovations to increase their units’ value however, this isn’t always the case. Not unless the unit hasn’t been upgraded in a very long time… and it’s still featuring a pistachio green tub and a matching toilet.
More often than not, a few simple and inexpensive upgrades can add tremendous value to the property and can improve the look and feel of the unit more than you’d expect. This is particularly true for bathrooms – whether you have a very small bathroom in your unit or a very large on, simple and inexpensive updates can make the world of a difference.
That’s right folks, not only did I become an indoor plant expert during COVID 19, but I’ve also become somewhat of an interior designer!
Here is a list of 5 inexpensive bathroom upgrades that can help you add value and desirability of your rental property!
- Paint the walls
A little bit of paint can go a long way, especially if it hasn’t been painted in the last five years. Try a neutral color, like a soft white, and stay away from dark colors like reds and blacks. A coat of light paint can go a long way in freshening up a bathroom.
After years of wear and tear, we all know that the grout between tiles, if you have them, can start to look undesirable. Sure, you can use bleach and water to scrub it clean but with time, there is a good chance that the grout will become discolored. Re grouting is a good way to freshen up the look of the bathroom and make it look cleaner over all!
3. Replace light fixtures and replace hardware
Light fixtures can be replaced fairly easily and can even be replaced at a good price – especially if you catch a good sale! Same goes for the hardware.
There was a point in time where floral printed ceramic hardware was all of the rage but if you still have those, it might be time to retire them. Replacing door knobs/handles, toilet paper holder, and towel rack can make the space feel sleeker and more modern.
4. Install a new vanity
Installing a new vanity can completely change the look and feel of your bathroom. They can be expensive but they don’t always have to be. Look for sales and when choosing a vanity remember, you’re not the one that has to live there. So, don’t break the bank.
5. Upgrade your shower head
This is another fairly inexpensive upgrade that can go a long way. The last thing any tenant wants is a shower head so old that water only comes out of half of it.. GASP.. it has happened!
When upgrading your shower head, try opting for something as sleek as it is useful, like a dual-head shower head that includes a removable wand.
Renovations can feel daunting, I’m sure we can all agree, but small and inexpensive bathroom updates can be accomplished much faster than a complete bathroom remodel, which comes in handy particularly if you’re trying to turn over a unit quickly, and can change the overall look of the bathroom and make it more desirable to tenants.