Backyard Investments For Your Rental That Pay Off
Did you know that a well-maintained yard can increase a property’s perceived value by 5% to 15%? Now, you might be hesitant to sink a ton of money, not to mention sweat and tears, into a place that technically is lived in by someone else, but investments require fine-tuning to return value.
Making both the house and its garden inviting and cozy is worthwhile in terms of a long-term return, and these landlord-friendly outdoor upgrades will transform your rental’s backyard. They won’t cost a fortune and will provide long-term value.
Add a shed and boost that storage
Outdoor spaces often get overlooked when adding value to a rental property, but they’re gold mines for practical upgrades. One of the best additions you can make is a garden shed, perfect for stashing tools and equipment if your yard has some greenery. This makes your tenants’ lives easier and gives them a good reason to keep the garden looking tip-top.
Now, you might think adding storage sounds like a big, daunting task, but it doesn’t have to be. Even the smallest improvements can benefit you and your tenant significantly. The space available determines the easily customizable size of your shed. A well-organized and functional property is much more likely to attract great tenants who want to stay long-term, take care of the home, and maybe even pay a bit more for the privilege.
24/7 security cameras for peace of mind around the clock
Everyone wants to feel safe in their own home, and every landlord wants to protect their property. 24/7 security cameras mean constant vigilance, recording everything that happens and scaring off would-be intruders.
For tenants, knowing that security cameras are keeping an eye on things around the clock is a major plus. It adds extra protection, especially in backyards that are easily accessible. There’s nothing quite like the peace of mind that comes from knowing these spots are being monitored, which helps tenants feel safer and more secure about their personal safety and the security of their belongings.
Installing security cameras can make your property more attractive to safety-conscious renters. It shows that you care about their well-being, which can go a long way in boosting their overall satisfaction and increasing their likelihood to stick around for the long haul.
Outdoor blinds to create an alfresco space
Outdoor blinds are a simple yet often overlooked addition that can work wonders for your rental property’s outdoor area. By installing weatherproof shutters or awnings, you can easily zone an alfresco space, effectively turning it into an extra room. This adds a new level of privacy and gives tenants more control over the temperature, making the space usable all year round.
This versatility is a huge plus and can significantly boost your rental appeal and improve your property’s energy efficiency. These blinds help keep the interior cool in summer and warm in winter, lowering energy bills—a perk that savvy tenants will surely appreciate.
Reticulation and low-maintenance plants
The garden may well be your tenant’s responsibility to water, but as a landlord, it’s your problem, too. If you’ve ever found yourself battling to maintain a garden because your tenants couldn’t quite find their green thumb, you know what we are talking about. That’s why investing in some smart solutions can save you and your tenants a lot of hassle.
Installing a system that automatically waters the garden can take the pressure off your tenants to remember to water regularly. It also ensures that your garden stays healthy and thriving without you having to intervene constantly.
When it comes to an investment property, low maintenance is the name of the game. Think of hardy natives who can handle the climate with minimal care. These plants will make your life easier, and they’ll also keep your property looking great year-round. Plus, don’t forget about the trees. Sure, it might be tempting to clear them all out for simplicity’s sake, but trees are actually a significant asset to your garden. They provide shade, lower the temperature, and add some serious curb appeal.
Protecting your property with tenant screening
Protect your investment by choosing the right tenant. RentRedi lets you view screening reports, verify income, and accept applications all from your phone. It couldn’t be easier: learn more about our service today.