4 Hacks for Maximizing Space and Comfort in Your Rental

Maximizing the space in your rental provides benefits for you and your tenant. American rental rates have increased 31% over the last ten years, showing us that your investment property is still very much a great way to improve your finances, but there is always more that can be done!

The endgame is to get the highest asking price possible for your property, and space is certainly something people are willing to pay for. You’ll be surprised at how some minor tweaks or strategic approaches to your rental layout can significantly boost the price. Let’s create some more of it!

Hack #1: Adding a shed

Minimalism is all the rage these days. Tenants love a clutter-free space, but getting rid of everything isn’t always practical. A shed provides the perfect solution for storing those non-essential but still valuable items, like seasonal clothes, family heirlooms, and special occasion dinnerware. This way, tenants can keep their living spaces tidy and serene without sacrificing their belongings.

Plus, a shed offers fantastic flexibility for tenants to refresh and restyle their homes. They can easily swap out decor items or seasonal gear without the hassle of cramming everything into a small closet. When buying your shed, remember that it can be transformed into a hobby space or a home gym. By providing a versatile shed, you’re offering your tenants a bonus area to tailor to their lifestyle, making your property stand out in the rental market.

Hack #2: Adding car lifts to make the most out of vertical space

When horizontal space is limited, look up. A two-post car lift added to your carport allows one vehicle to be stacked neatly over another, like automotive Tetris! This setup is ideal for tenants with multiple vehicles, providing them with the ability to park two cars in the same space without any hassle.

The car lift utilizes a sturdy metal separating floor, ensuring that both vehicles are secure. Even if something happens to the car on top, the one below remains protected. This innovative solution saves space and offers peace of mind, knowing that vehicles are safely stored. Tenants will appreciate the added convenience and the ability to keep their cars safe and accessible without needing extra parking space. Plus, it’s a great way to stand out in a competitive rental market.

Hack #3: Smart lighting

No, we are not talking about getting techy; it’s much simpler than that. A well-lit room feels larger and is more inviting. So, when prepping your rental, you want to start by making the most of natural light. Keep window coverings to a minimum—think light, sheer curtains or even no curtains at all if privacy allows. Heavy drapes always make a room feel smaller and cramped, so let that sunlight flood in.

Next, complement natural light with strategic artificial lighting. Use overhead, floor, and table lamps to create a balanced, well-lit environment. Focus on placing lights in darker corners to open up the space and make it feel more expansive.

Mirrors are another great trick for enhancing the light in a room. By reflecting both natural and artificial light, mirrors can bounce light around the room, creating depth and making the space feel larger than it actually is.

Hack #4: Space-saving design

Using contrasting shades alongside a base of light colors can be a visual trick to make a space feel larger. Adding splashes of bright color on smaller items when staging the home, like cushions or throws, creates the illusion of more space, moving the potential tenant’s eyes around the room. This simple technique can make a big impact without overwhelming the space.

Bringing natural elements into a small space can create a calming and refreshing atmosphere. Add some greenery with potted plants or hang nature-inspired artwork. Natural materials like wood and stone are an easy way to add warmth, enhancing the overall sense of space. This creates visual interest and a peaceful and inviting ambiance.

Finally, first impressions matter, so make sure your property’s entryway feels open and welcoming. Avoid clutter and keep the area well-lit and airy. A spacious entry sets the tone for the rest of the home, making it feel more expansive when tenants walk through the door.

Ready to find the perfect renter?

RentRedi is here to make sure you find the right tenant, at the right price. Managing rentals is easy with the help of our software. We put the maximum amount of money in your pocket. See how we help landlords today.