Successful landlords know that happy tenants are vital for prosperous and profitable rental properties.
With this in mind, one of the best ways to keep your tenants satisfied is to provide them with everything they need to maintain a comfortable, cozy home environment with thoughtful touches and high-quality accommodations.
There are certain things to consider if your rental property’s bathrooms need a makeover. Here are some bathroom remodeling tips for property managers that will keep your tenants (and your bottom line) happy from the experienced remodelers at Luxe Kitchen & Bath.
1. Stick to a budget
Remodeling a bathroom can be a costly endeavor. So it’s essential to set a budget and stick to it. Work with a qualified contractor to estimate the costs involved in the project. Get a comprehensive assessment that breaks down costs (comprising parts and labor), so that you are not surprised later.
2. Don’t forget the details
The little things can make a big difference in a bathroom. Be sure to include often overlooked items like new faucets, towel racks, and mirror frames in your remodel.
A complete budget should comprise all of these and more. So be sure to consult a professional company. Your consultant will be able to give you insight into brands, styles, and more!
3. Remodel with them (and you) in mind
When selecting materials for your bathroom remodel, opt for high-quality, low-maintenance options that will be easy for your tenants to keep clean. Tile floors, for example, can be easily cleaned and are more durable than carpet while providing an elegant, austere atmosphere.
Choosing a walk-in shower or a walk-in tub can become a selling point in itself, transforming your bathroom from a liability into another tool in your management arsenal.
Little touches like these can be the difference between good and great, so strive for a property that your tenants will brag about.
If you own other properties, there is no better free advertisement than happy tenants eager to show off their classy amenities to friends and family physically and on social media!
4. Form and function
Your tenants will want the best; from flooring and furniture to countertops and fixtures. In addition, they will spend a lot of time on your property, so you must remodel your property with both functionality and practicality in mind.
Include adequate storage space, plenty of counter space, and easy-to-use fixtures.
5. Lighting is crucial
Good lighting is essential in any room, but this is doubly so when it comes to your bathroom. Remember to include a mix of task lighting (for tasks like shaving and applying makeup) and ambient lighting (for a relaxing atmosphere).
6. Consider your tenant’s needs
If your tenants have special needs, ensure to consider them when remodeling. If you have elderly tenants, consider adding grab bars and a walk-in shower.
A complicated bathroom layout can be frustrating for tenants of all ages to use. When remodeling, simplify the setup if possible to make it more user-friendly.
7. Make it energy-efficient
Energy-efficient appliances and fixtures can help save your tenant’s money on their utility bills. When selecting new fixtures for the bathroom, look for energy-efficient options. A toilet, bathtub, or shower which uses less water or Energy Star rated vanity can be fantastic selling points for potential renters.
8. Location, location, location
Do not start remodeling your bathroom (or anywhere, for that matter) without having a clear plan. Will your remodel need plumbing or electrical access that limits its viable installation area? Is your property zoned for any additions or upgrades?
Before you begin, consult a professional company with plenty of experience who will be able to help you realize your dream bathroom. There is no substitute for a good reputation and years of experience. Do your research before selecting a remodeler.
9. Material world
The rule is universal – the best ingredients yield the best results. Genuine for food, valid for home improvement. You do not need to spend a fortune to get a quality product, but going bare-bones on your project rarely yields tremendous results.
Make sure the materials are independently sourced and meet quality standards. If a fixture or piece of furniture goes into your home, you will want to ensure it is top-notch!
10. Hire a qualified contractor
Remodeling a bathroom is a big project, so it’s essential to hire a qualified contractor to handle the job. Be sure to get references and read reviews before hiring anyone.
Check social media platforms like Facebook or Yelp to see what others say about their services. Look for 5-star reviews but note how they engage with customers when there is a problem.
Do they ignore the problem or try to remedy it? As with any essential home decision, research is crucial. If you follow these tips, you can ensure that your rental property’s bathroom will be attractive and functional.