Making Bathroom Updates… Should I or Shouldn’t I?
If the kitchen and bathrooms of your rental property can’t compete with what renters typically find in today’s apartments, you may have trouble finding a tenant. The question is what to do about an outdated bathroom: is it better to tear it out and start over, or are there ways to inject enough sophistication into it to make it appealing? Grand Rapids property management experts understand that you’re in business to make money, and a major bathroom overhaul may be cost prohibitive. But do the necessary research before deciding how to proceed.
A Grand Rapids property manager can help determine whether a complete bathroom renovation is justifiable in your area. If it will increase the rent on your property enough to pay for it, and will continue to attract quality tenants for years to come, it may be worth doing. But if it’s not going to make that big a difference to your bottom line, then it’s time to consider other, less costly ways of updating bathrooms that will still deliver some reasonable bang for the buck.
Swapping out countertops and creating as much display space as possible is a good start. Choose a natural or faux stone slab that will harmonize not just with the rest of the bathroom, but with the entire rental home. If the cabinetry in the bathroom is good, paint it white and add new knobs and pulls. Replace mirrors, light fixtures, and plumbing fixtures. If there’s room in the budget, consider adding bead board to bathroom walls as well. This elevates the room instantly, and at not much cost.
Once you determine the best fit for you, your property management team can help you get the job done quickly & efficiently by helping find a quality contractor to work with. At Access Property Management Group we strive to make maintenance decisions and updates easier.