Investing in the right property upgrades can make a significant impact on your rental income and property value.
But not all improvements are created equal.
Once upon a time, you could simply put some fresh paint on the walls, steam clean the carpets, and voila, your property is refreshed and ready for new tenants.
Not anymore.
Now, high-quality tenants are looking for impactful renovations that meet their lifestyle needs. Here are the upgrades that we’ve found are the most meaningful for your Arcadia rental property. Consider these, and you’ll find that your ROI is increased and your tenant quality is improved.
Invest in a Kitchen Refresh
A full kitchen remodel can be costly, but minor upgrades often deliver excellent ROI.
Consider modernizing appliances with energy-efficient models, updating cabinet hardware, and replacing countertops with durable quartz or granite. In Arcadia, where tenants often expect a higher standard of living, a clean, modern kitchen can justify higher rents and reduce turnover.
Make Bathrooms More Modern
Bathrooms are the second most scrutinized space after kitchens. Ask any tenant, and they’ll tell you. The space may be small, but it still requires good lighting, easy storage, and a sense of both aesthetics and function.
Replacing outdated fixtures, re-glazing tubs, and installing stylish vanities or dual-flush toilets can give the bathroom a contemporary look without costing Arcadia investors too much money. Even small touches like updated lighting or mirrors can enhance appeal.
Create More Curb Appeal
Arcadia is full of neighborhoods where homes look nice. Your rental property has to look nice, too. Investing in curb appeal improvements will boost first impressions and increase earnings.
Make your landscaping pretty but low-maintenance. Consider the condition of your exterior paint, decide on new garage doors, or maybe buy a new and modern front door. These things can significantly boost your property’s attractiveness. Homes with strong curb appeal rent faster and often at higher prices.
Smart Home Technology Leads to Serious Tenant Appeal
Tenants in Arcadia are increasingly seeking smart home features. Installing smart thermostats, keyless entry systems, and security cameras adds convenience and safety, which can be strong selling points in a competitive rental market. While these upgrades may not drastically increase property value, they can reduce vacancy rates and even qualify for insurance discounts.
Energy Efficiency Upgrades
Tenants value efficient cooling systems, water preservation, and appliances that don’t use more resources than necessary. Upgrading to a high-SEER HVAC unit, adding attic insulation, and installing double-pane windows are all improvements that not only reduce utility costs (a win for tenants) but also increase the long-term value of your property. Consider LED light bulbs as an easy start to energy-efficient upgrades.
Flooring Replacement in Arcadia Rentals
Swap outdated carpet for durable materials like luxury vinyl plank (LVP) or engineered hardwood. These are easy to maintain and hold up better over time. Hard surface floors are also more appealing to tenants concerned with allergies or cleanliness.
When upgrading your Arcadia rental property, always balance cost with value. Aim for improvements that boost rental appeal without overcapitalizing. Small changes can yield big returns, especially in a competitive market like Arcadia’s.
If you’d like some customized recommendations designed for your unique Arcadia rental property, please contact us at ZenPro Property Management. We’d love to help.
