If you’re a homeowner or landlord who’s interested in attracting as many renters as possible, then you need to make your property stand out from the rest. While good location and great amenities are vital to attracting potential tenants, there are plenty of other things you can do, too, like making your property more comfortable and secure than other properties nearby. Here are 7 ways to make your residential property stand out from the rest.
One – Upgrading Your Kitchen
Considering that residential property is an investment, it is essential to consider every aspect of how you could maximize your returns. While remodeling and refurbishing are options, perhaps one of our favorite ways to do so is by upgrading kitchens. There’s a reason why these spaces remain a staple feature in most homes: they tend to be visually stimulating and are capable of sprucing up properties like nothing else. Just a single change – say, switching out your old appliances for custom-made ones – can make all the difference when it comes to how your residential property appears on paper. And since it tends to cost less than adding an entire bathroom or bedroom, more often than not we find ourselves recommending kitchen upgrades when presenting our customers with plans for renovations. Prices in Indian Cities
Two – Buy in Bulk
Buying in bulk can help you save a lot of money on your property-related costs. If you’re planning on living in India for a long time, it’s best to take advantage of bulk purchases and bulk deals. For example, if you’re looking for furniture, buying modular kitchen or LCD television sets could help reduce costs significantly. So when you’re shopping around for options, look for places that sell their products at bulk prices. Even if it means saving 5% instead of 15%, that’s still better than saving nothing at all! You’ll thank yourself later on down the line.
Three – Digital Signage at Lobby & Indoor Spaces
Digital signage is increasingly becoming a popular feature in lobbies, elevators and other common areas. It has now become a lucrative option for making residential property stand out. The idea of displaying news, ads and various other messages on digital signs is slowly gaining importance among home buyers these days. Apart from being helpful, it also gives an attractive look to your property’s interiors. This makes it easier for you as a real estate broker or agent to strike that right chord with prospective customers.
Four – Enhancing Exterior Appearance
Just as with a new car, if you have an old home and you are looking to enhance its appearance, you should get rid of it. There is no point in having an old property that looks a wreck when there are many options out there for buyers in India who want to live in homes which look new and well-maintained. The price of real estate has gone up by almost 90% over the last decade and it is not going down any time soon. So why not make some money on your investment? Builders will always pay you back because they know that they can sell their property at higher prices while maintaining their profit margins.
Five – Providing Entertainment Activities
A clean, green residential property is a sure way to win over customers. First impressions are important and a home that looks well-kept and well-maintained will give your customers a sense of trust in you. Take some time every week or fortnight to walk around your residential property. If you see something that needs repairing or redecorating, take care of it as soon as possible. After all, good first impressions last and can be invaluable in getting new business.
Six – Upgrading Security System
Upgrading your security system is a good way to give your home or apartment a facelift, ensuring it stays looking modern and new. However, you don’t want to spend too much in up-front costs for something that will be outdated fairly quickly. Instead, decide on a system that works with today’s technology but has enough room for some improvements down the road. This will ensure you get as much use out of it as possible without buying something that doesn’t last long enough to really save you money in exchange for its initial cost. How do you find such a system?
Seven – Keeping it Clean & Green
When investing in real estate, think of ways you can add value to your home that don’t involve throwing money at expensive upgrades. Think about what will set your property apart and then research different ways you can customise your home with these things. For example, if you want a television that looks like it belongs in a hotel suite rather than a family room, buy an LCD television and have it mounted on an arm or wall. This little detail could make a world of difference when selling your property.