Blog

October 29th, 2015

How to Give Your Property an “Edge”

There’s a lot of competition when it comes to renting. If you’re looking for way to give your rental property an “edge,” here are some ways your community can stand out from the rest. It’s not about the upgrading the kitchen or bathrooms. It’s actually about the outdoor living space! In a study of Washington, D.C. renters, 61 percent said they wanted to enjoy the outdoors at home. It’s all about enhancing; nothing too drastic, so get ready to take some notes.

Seating- Begin with the seating. Choose something trendy and durable. Add some picnic tables or even park-style benches. This will have the outdoor area look inviting and comfortable.

Cooking Space- Is always appealing to a resident. Purchase a grill and have it available to all of your residents. Residents like to know that they can grill while they have a few guests over.

Lighting- Improving your lighting will catch the resident’s attention. The more the lighting, the more they feel a sense of security; No one wants to walk in a dark area.

Greenery- A lush, green lawn will really entice a resident.This is a place where they can play with their kids, or kick back and relax.

Play Area- For a multifamily property, this is a great option. Residents with families like to see a play area for their kids. Consider adding a small playground or even a basketball hoop. This will make your property more desirable.

Today’s rental market is very competitive. Give your outdoor a little makeover and you will be surprised with the outcome.