Bathroom Renovation Tips That Add Value to Your Rental Property

Generally speaking, landlords do not see the appeal of renovating crucial aspects of their property before renting it out. In particular, the bathroom remains an especially neglected corner, much to the horror of a tenant. A bathroom should have working facilities. And, if you add luxurious features, you can be sure that the tenant will be happy. From our experience, rental properties in Edmonton have a higher chance of being rented out when they have a more finished look. Below are some simple, budget friendly suggestions that landlords should consider when making improvements to the bathrooms at their property.

Bathroom Accessories

Accessories such as a towel hanger, a tiny dustbin, a steady soap dispenser and a decent sized mirror with a frame help as well. These are very small investments that give your bathroom a more wholesome look, which tenants would greatly appreciate and take care of! Potential tenants seeking rental properties in Edmonton would love to see bathroom additional accessories and features.

A Splash of Paint

Painting one of your bathroom walls with a contrasting color would be a great idea. The paint helps to break the monotony of the bathroom and throws a touch of individuality. It goes without saying that the looks of a bathroom improve significantly with just some additional color. However, this should not be overdone, and the color scheme must be selected thoughtfully for best effect.

Toilet Enhancement

Ideally, it is best if the landlord decides to change the toilet fixtures. It is suggested that colors such as white and ivory are avoided since they tend to date rather poorly. There are more cost-effective options available as well, such as changing the toilet seat or lids as opposed to changing or replacing the entire fixture. Along with the money saved on purchasing the fixture, landlords increase their chances of avoiding costly plumbing expenses going forward.

Classy Enhancements

Some key differences between a passable bathroom and an elegant bathroom would be a stylish countertop, a bathroom rug that helps during cold winter mornings, and classy curtains that compliment your decor. Often people tend to ignore the bathroom decor, but we have discovered a bathroom has enormous scope for making a real statement of sorts. Your bathroom could be one of the deciding factors why a prospective tenant chooses to rent out your property.

There are tremendous benefits of investing money on bathroom renovations, it adds great value to your existing property, and could potentially justify a demand for an increased rental amount. Also, a condo equipped with additional amenities is always more likely to get more people interested according to real estate websites that list rental condos in Edmonton.

Landlords should keep in mind that prospective tenants are more inclined to care for a property that is given to them in pristine condition, as they will feel a greater obligation to maintain this standard throughout their tenancy.