While factors like location and market demand are important, one commonly overlooked part of boosting your investment property’s value is to beautify it. Everyone wants to live in a good-looking house, so ensuring that your investment property is aesthetic goes a long way to making it desirable for potential buyers and renters.
There are many ways to boost your investment home’s aesthetic appeal, including installing a reliable fence, performing renovations and buying quality furniture. How you go about doing these will depend on your personal tastes and the overarching vision you have for your property.
If you’re looking for ways to improve how your investment home looks, you’ve come to the right place. In this article, we’ll take you through 5 low-maintenance ways to make your investment property look fantastic and boost its market value.
1. Invest In Fencing
Investing in a good fence can transform the aesthetic of your investment property. If you’re looking for a fencing option that was designed specifically for Australian weather, it’s hard to do better than Colorbond fencing: Colorbond fence panels are both durable and stylish, and provide plenty of protection against the elements. Colorbond also comes in many different colours, so you can choose ones that match your aesthetic preferences.
Colorbond isn’t the only option available to you. Aluminium fences, for example, work great both as a pool safety measure and around your backyard. You should also consider PVC fences if you’re in the market for a fence that’s both durable and easy to install. They also give your property a simple, elegant look that’s reminiscent of a house in the Hamptons.
What all these fences have in common is that they’re incredibly low maintenance. They’re perfectly suited to Australia’s volatile weather, which can range from scorching hot to wet and rainy. They don’t require constant repairs, which saves you lots of time and money.
2. Keep Up With Repairs
The value of even the most beautiful investment homes can drop if you don’t regularly maintain them. Wear and tear can seriously damage your home and garden, making them less appealing to potential buyers. It can also be much more expensive to fix an issue with your house if you leave it too long.
To keep your investment property looking great and boost its value on the market, perform regular repairs. Common issues to look out for include leaking pipes, cracked floor tiles and faulty appliances. You also want to make sure your fence is clean and rust-free at all times.
If you live far away from your investment property or simply don’t have the time to personally handle repairs and maintenance, a property manager can help. They’ll also take care of dealing with tenants, filling in paperwork and handling day-to-day issues.
3. Buy High-Quality Furniture
Furniture is an essential part of any home. When filling out the interior of your home, you want to optimise for both longevity and aesthetic appeal. Create an overall plan for how you want your home to look and buy furniture that matches this vision.
It’s important not to cheap out on furniture. Buying, for instance, a high-quality desk that lasts a long time is a better financial choice than buying a slightly cheaper alternative that you’ll need to replace in a few months. Buying quality furniture also makes your home more appealing to potential buyers and renters, thus increasing its market value.
When prioritising which furniture to spend more on, you want to focus on the centrepieces. Spend most of your budget on furniture like beds, desks and wardrobes. Ideally, these pieces should last as long as the house itself.
4. Renovate Your Property
If you’ve recently bought a residential property that hasn’t been maintained in a while or have one in your possession that’s beginning to age, performing a full home renovation can restore it to its original beauty or give it a brand-new aesthetic. You can also renovate individual rooms like kitchens, laundry rooms and bedrooms if you don’t need to renovate the whole house.
While performing a renovation can be pricey, the investment is worth it if you’re looking to lease out your property or sell it one day. If you’re currently living in the home, renovating it will also improve your quality of life.
A home renovation can include repainting the walls and floor, restoring old furniture and replacing lighting fixtures. You can also make structural changes, primarily by demolishing existing walls.
5. Don’t Neglect Your Garden
Your garden is the first part of your investment property that people will see. You want to make a good first impression by beautifying and maintaining it. We already mentioned the importance of a good fence. You can also improve your garden by planting flowers and other plants, regularly mowing the grass and installing fixtures like outdoor lights and gazebos.
If you own a larger property or simply don’t have the time to personally attend to your garden on a regular basis, consider hiring a gardener. They’ll visit your home according to a pre-agreed schedule and water your plants, trim your hedges, mow your lawn and take care of other garden maintenance activities.
When beautifying a property, don’t just think about your house. It’s vital to ensure that your garden is properly designed and maintained to appeal to potential buyers and renters.
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If you own one or more investment properties, a simple way to boost their market value is to make them look great. In order to make money from a home, people have to want to live in it, and nobody wants to stay in a shabby-looking house.
We’ve just gone through 5 practical ways to beautify an investment property. Make sure you’ve taken care of all of these for your own home to make it a more appealing place to live and boost its saleability.