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Updated about 4 years ago on . Most recent reply

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Galit Garsiel
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What to renovate when renting out an apartment?

Galit Garsiel
Posted

I want to rent out my apartment. What renovation should I make that will raise the rent but not cost too much? What fixing is worthwhile?

A ground level apartment in a building, rather old. No basement. 

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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied
Originally posted by @Joe Martella:

I would want to make it renter proof and stylish.  Think of it as if yo were going to rent it.  What would you want your new apartment to look/feel like?  Take a look at rental listings around you.  What do similar units look like?  Can you get top dollar as-is?  If not, you need to think about what would need to be done to get you the rent that you would like.

 Looking at comparable properties is what it's all about. Rentals in your target range will have a pretty common set of features. Countertop materials, stainless appliances or not, w/d included or not, etc.

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