News

5 Ways to Boost Your Property’s Value in Summer

By Donna Jones

It’s now spring and believe it or not, summer is just around the corner. Some carefully planned jobs and additions to your rental property can help add value and raise its summertime appeal. The following five tips can transform your rental into somewhere tenants will love to spend summer. Some also serve as preventative measures to avoid costly incidents as the summer heat and humidity rise.

1. Make yards more inviting

We all like to spend as much time outside as possible in the summer months. It’s hard to lap up the sun when a property’s grounds aren’t well kept. Making sure the lawns are mown, edges are edged, flora is trimmed and gardens are weed-free and inviting to tenants can go along way. Make backyard games, paddle pools and sun-lounging an everyday occurrence.

2. Temperature control

The ability to offer relief from the summer heat is an extremely valuable asset for a home. So, if you don’t already have some form of air conditioning that can provide a cool environment, now’s the time to think about it. Inverter heat pumps are a great investment as they can cool a home in summer, and heat it in winter – a very attractive prospect for potential tenants.

If you already have an inverter heat pump, now’s the time to have it serviced by a trained technician to ensure optimum cooling after a long winter of heating duties.

3. The right kind of summer buzz

It isn’t a Kiwi summer without a healthy dose of insects flying about the place. In general, our houses aren’t particularly well-prepared for flies and the like. You can address the issue by going all out and installing fly screens, or provide a cheaper option like a couple of refillable automatic insect control dispensers for tenants to place where they like.

4. Nice deck

An outdoor deck is the ultimate summertime statement. If you’re really serious about increasing the perceived value of your rental property, a deck can be a worthwhile alteration that’s made in spring, enjoyed in summer and revered year-round. Can you smell the barbecue just thinking about it?

5. A lick of paint

Summer conditions present the perfect opportunity to strip and paint any external surfaces that are looking the worse for wear. Clever planning could see the painting take place while any existing tenants are on their summer holiday. The first things visitors and tenants see, a rejuvenated exterior will add great summer street appeal to your rental property.

Some smart and hard work in spring and summer can make your property a tenant magnet, increase value and allow you to generate more revenue in years to come. When you’re finished you can speak to McPherson Property Management to make the most of your preparations. Happy summer!

Image Credits:

DC house by mtnbikrrrr under Creative Commons 2.0.

Asado en la casa del Pepe by Pablo Garbarino under Creative Commons 2.0.

Up to Date

Latest News

  • Real Estate Negotiation 101: How to Talk Turkey When Investing or Renting

    Unlike everyday retail transactions, the purchase and rental of investment properties features a great deal of negotiation in the search for common ground and agreement. The better informed and the friendlier you are, the further you will get, regardless of which part of the tenancy agreement you sign. But here … Read more

    Read Full Post

  • Reading Body Language to Understand Tenant Psychology

    When expressing our attitudes and emotions towards something, our non-verbal language can account for over 90% of our overall message. Observing someone’s physical body language and listening to the way they speak uncovers a great deal about what they really think. Used correctly, this type of insight can be valuable … Read more

    Read Full Post