Dream Construction is a luxury home builder in Las Vegas who can remodel your Nevada property so that you can get the best return on your investment. Renovating investment properties requires a different approach than remodeling your own home because you have your bottom line to consider. Knowing what fixes work best in a rental is an excellent first step to attracting the best tenants.
Benefits Of Remodeling Investment Properties
Prospective tenants like a rental home that is both comfortable and visually attractive. Keeping your property’s look, feel, and functionality up to date will draw in quality, long-term renters. Strategically timing your remodeling project can also reduce the cost of ongoing maintenance when you replace old wiring, plumbing, and HVAC systems as part of the overall project.
What To Focus On
Most tenants are looking for a clean, comfortable, low-maintenance place to live. Attractive houses on the rental market have upgraded kitchens, luxury bathrooms, and roomy bedrooms. As a landlord or fix and flip investor, it’s important to prioritize the renovations that will have the most significant impact on your property’s market success.
A kitchen remodel is the first project you should consider, especially if you’re investing in an older home with an outdated design. Bathroom upgrades can also make or break a rental since your tenants will spend a lot of time in them.
- Replace carpet and laminate with hardwood and ceramic tile floors.
- Install granite countertops in the kitchen.
- Add extra closets and built-in shelving wherever you have space.
- Add shelves in small bathrooms for space-efficient storage.
- Add a kitchen backsplash.
- Install more windows or larger windows to brighten the space and make it feel more open.
- Build a deck or patio for outdoor dining and entertaining.
Investment Property Renovations In Vegas
Add the luxury upgrades your tenants will love. Our design-build process streamlines investment property remodels. One of our skills as a general contractor is efficiently scheduling construction crews, meaning that remodels will be completed on time, and you can put your property back on the market sooner.
For a beautifully remodeled investment or rental home in Las Vegas, contact us at Dream Construction today.