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Don’t Build Your Dream Bathroom in Your Ammon Rental Property

Ammon Man Placing New Tile in his Dream BathroomAfter the kitchen, bathroom upgrades are the leading area where new rental property owners devote a substantial amount of money than they should. Why? Because they are under the feeling that a classy bathroom will be equivalent to increased rental rates. But that isn’t often the circumstance. Generally, that lavish bathroom remodelling project does little to help improve your rental rate or your property values. To maximize both rent and value, less expensive and more durable options should be your priority. Developing your dream bathroom in a rental property is one misstep you can and ought to veer away from.

Improving an Ammon rental property is one thing that requires a whole lot of budget-conscious planning to get right. Or else, you’ll only waste cash with upgrades that won’t get you the return you’re aiming for. Unfortunately, the bathroom is one room in the house where this is frequently the situation. New property owners may believe that they would have to renovate and re-do every bathroom in their rental house to achieve that upgraded feel. But going down that path will cost you. According to Remodeling Magazine’s “Cost vs Value” report, an average full remodel of a bathroom costs around $20,500, while an upscale remodel can cost $60,000 or more.

The major concern about this matter is that a high-end bathroom doesn’t contribute a lot to your property’s value or appeal like you think. Tenants are searching for rental homes that have a consistent degree of quality everywhere. Reliant upon the market, this could mean different things. But if your property has luxury bathrooms but less-than-luxurious features in other rooms, rather than getting more rent you may wind up with prospective tenants running away instead. This is because tenants often view inconsistent quality from room to room as a sign that the owner has limited cash, which raises red flags for upkeep and repair issues.

You might also be astounded to hear that a lot of renters don’t covet the high-end upgrades that many homeowners envision their homes to have. This is because tenants are rarely eager to invest the additional time and effort it takes to maintain higher quality materials. For example, you may spend thousands on a whirlpool tub or other upgrades that a renter may never use. Many high-end construction materials are also easily damaged, producing far more costly repairs than other, more sturdy materials. With so much that can leak or break down in a bathroom, it is right to go with the materials that look nice but will still hold up under not so good conditions.

Creating a bathroom with an upgraded feel (only without the upgraded price tag) can be a reasonably uncomplicated manner. The idea is to center your spending on the upgrades that will make the bathroom feel updated without requiring a complete overhaul. For instance, a quality paint job and some new fixtures will go a long way toward producing a fresh and modern bathroom, as will simply restoring the grout and caulking. Light fixtures, drawer pulls, and towel racks are small upgrades that can give a high-end feel to a room. For bathtubs and showers that are unsightly or not entirely working, consider placing a new one-piece tub and shower surround unit. Durable and affordable, they are quick to install and easy to maintain. Higher-end units can give a bathroom an upgraded feel without the need for a custom tile job.

Identifying which bathroom upgrades will help you create the rental property your target demographic is looking for can be a challenge. But Real Property Management Southeast Idaho can help. We have the ability and means you need to determine which bathroom renovations will both increase your property values and appeal best to prospective tenants in Ammon and can help ensure that the work gets done in a timely and budget-conscious manner. For more information or to learn about our comprehensive property management services, contact us online or call us at 208-522-2400.

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