Most real estate investors and landlords in Scottsdale, AZ, mainly focus on living spaces and kitchens when renovating their rental properties. They often overlook the bathroom remodeling, which can significantly impact the resale value of their properties.
Also, a well-planned bathroom renovation in your rental property can elevate your return on investment and help attract the highest-quality tenants. Renovating or remodeling your spaces seems the simplest task, but it can result in unnecessary complications if not handled professionally.
Therefore, It is crucial to get assistance from experienced and licensed bathroom remodeling contractors Scottsdale, AZ to get the oasis of your dreams. If you’re just embarking on a home renovation journey, you might ask for some practical bathroom remodeling tips to maximize your return on investment. Keeping this in mind, we have designed this guide about bathroom remodeling for rental properties.
Without further ado, let’s get started!
How Bathroom Remodeling Can Benefit Your Rental Property?
As rental property owners in Mesa, AZ, you can enjoy the following potential benefits of remodeling your rental bathrooms:
● Improves the Visual Appeal of Your Space
An attractive and well-maintained rental bathroom reflects visually appealing vibes, helping you attract high-paying tenants. Moreover, a renovated bathroom can lead to instant appeal. That means you can proudly feature photos of your pristine bathroom in rental property listings to attract additional attention from prospective buyers.
● Elevates Renters’ Retention Rates
If you’re struggling to keep your renters’ retention rates high, investing in bathroom remodeling is essential. With a few simple upgrades, you can take your rental bathroom game from just okay to out-of-this-world.
Additionally, specialized property maintenance solutions can help upgrade your dingy bathrooms and encourage renters to renew their leases.
● Increases Resale Value of Your Property
If you’re planning to sell your rental property soon, investing in bathroom remodeling can significantly increase its market resale value.
7 Practical Bathroom Remodeling Tips
Here are some practical bathroom remodeling tips to ensure your bathroom refresh is cost-effective:
1. Update Flooring
Old and dingy flooring is one of the obvious signs that your rental bathroom needs to be renovated or remodeled. Fortunately, updating your flooring is one of the outdatedest and quickest ways to modernize your spaces.
You can swap the current titles with something more appealing and sleeker. Since the actual removal can be a costlier and time-consuming task, you can go with the most uncomplicated 12x24 tiles.
Furthermore, you can opt for hexagon pattern tiles to give your space a sleeker and more luxurious touch.
2. Add Frames to the Mirror
If your rental bathroom mirrors look frameless or outdated, it’s time to swap them out for a sleeker option. It will help your bathroom make an impressive visual appeal without putting a hole in your pocket.
Also, concealing the flaky edges of mirrors with fancy frames is a low-budget way to upgrade your rental bathroom.
Additionally, you can replace the damaged mirrors with one or two standalone options to hang above each sink. Since this replacement requires painting and drywall repair, the impact on the overall appearance of your rental bathroom can be substantial.
3. Replace the Toilet Seat
Replacing the damaged toilet seat is another low-budget option to increase the value and functionality of your rental bathrooms. Installing a whole new unit might be a significant investment for most rental property owners.
So, instead of investing in a whole new unit, replace the toilet seat to save thousands of your hard-earned dollars. Once you’re done with replacing the old toilet seat, hire a professional house cleaning service to give your toilet a brand-new look.
4. Add a Prefabricated Vanity
Add a prefabricated vanity to your bathroom to maximize your bathroom renovation budget by not having to invest in custom vanities. Prefab vanities come in a range of standard sizes and finishes to suit your bathroom remodeling needs.
Plus, these bathroom vanities are more affordable and easy to install, making them ideal for your rental bathrooms. The durability and quality construction of prefabricated vanities ensure long-term use and contribute to the overall value of your rental space.
5. Remodel the Shower Area for a Big Home Value Boost
Remodeling your shower area is another significant bathroom upgrade to increase your property’s value and attract more tenants. In addition to tenant satisfaction, an updated shower with modern finishes ensures longevity in your high-traffic area.
Moreover, renovating your shower area can create a more inviting and contemporary atmosphere to give your property a competitive edge in the property rental market.
6. Opt for Good Lighting
Poor lighting is one of the prime reasons why your rental bathroom looks outdated. Several real estate investors and rental property owners tend to forget that proper lighting can drastically change a bathroom’s overall look and feel.
If you want to give your space a classy, clinical vibe, installing lighting with a blueish tint can help meet your aspirations. Similarly, warm lighting can make your bathroom look more comfortable and spacious.
7. Paint the Walls
Add a pop of colors to your rental bathroom by painting one wall to create a statement look essentially. Choose a hue that fits the overall aesthetic of your home.
For example, go with hues like green and black to give your room a sleek, modern look. In contrast, nude colors like beige, white, and pink can instantly give your bathroom a fresh look.
Schedule Your Bathroom Reteart with the Pros of Ledezma Tile!
As a real estate investor or landlord in Mesa, AZ, it is always essential to improve your property’s value to ensure better profitability and rents. Along with renovating your living spaces, upgrading dingy bathrooms can drastically improve the market value of your rental property.
However, bathroom renovation is not a DIY project; instead, it requires assistance from professionals to get the best intended results. So, make sure to contact the pros of Ledezma Tile to get the bathroom of your dreams.