Staging has been an effective method to boost value and decrease the time spent on the market for those looking to sell their homes fast. But did you know that you can also stage your rental to get the best value as well? By showing off your rental property’s finest features, you can positively impact how the renter perceives your home. With these following tips, you can learn how to stage your rental to obtain the best rental rate for your space.
Staging helps potential renters visualize the property as their new rental home. And a home decorated with your personal items makes that a difficult task. Remove as many personal items and decorations as possible to make your home more renter-friendly.
If a previous tenant has just left, there may be items that need to be fixed or replaced, often due to normal wear and tear. Make sure you address all areas of concern before staging and renting. The inside of the property should be in pristine condition for the next renter. If you have difficulty identifying these problem areas, a Toronto property management company can help you see the unit through the eyes of renters to fix the items that renters care about most.
Don’t overlook the importance of a clean and attractive exterior when it comes to improving rental value. Focus on tidying and staging the backyard shared space and entrance ways. Clean windows, a tidy recycling/garbage area, and freshly painted/stained decks and porches all make for an attractive rental. You should also pay attention to the driveway area, walkways and condition of your facade, and improve areas that are looking weathered or drab. In the summer, keep the lawn mown, water the garden, and trim hedges. In the winter, make sure walkways, driveways, and staircases are free of snow and ice.
One way to really show off a unit’s features is to let in as much natural light into the space as possible. Curtains and drapery that cover your windows should be left open. Also, ensure your windows are clean and sparkling before renters begin to view your home.
Another goal during the staging process is to make the rooms look as big as possible. If your rental is advertised as furnished, remove excess items to create more open space.
Paint rooms in a neutral colour as soon as previous tenants vacate. Light colours make a room look clean and fresh, and also helps to create an illusion of space.
You may not particularly want to clean up after a previous tenant’s mess. So, why not hire a cleaner to take care of all the cleaning? It can also help save you time and energy.
A beautifully presented home has a direct effect on the renters view and can increase the overall value. So before you open the doors for viewings, use these tips to stage your rental space. Need a helping hand? Medallion Capital Group helps with all aspects of cleaning, staging, and marketing your rental property to help you get – and keep – the right tenant.