2 Practical Ways You Can Increase the Marketability of Your Rental Property.

2 Practical Ways You Can Increase the Marketability of Your Rental Property.

Category Property Marketability Tips

By reducing your property's utility costs you can increase the marketability of your property. There are a number of ways you can achieve this goal.

Below we have broken down 2 of the most effective examples for you.

NATURAL LIGHT

Increasing sources of natural light into your property can effectively reduce your monthly utility bill.

There are 2 practical and affordable ways you can do this:

1. Use the mirror effect
   By bringing more shiny surfaces into a room, light will naturally be reflected around the room.
   Incorporate light painted walls with large windows, and large entry mirrors to magnify light and bring a bright ambiance to any room.
2. Paint dark rooms
   With any small dark room, it's a good idea to use Lighter colors to make the room feel bright. Many light colors can absorb light instead of reflect light. Be careful to choose a color which reflects light and does not absorb light.

WATER

The greatest expense in an average home in SA is the water heating costs. Ultimately if more hot water is used in the household, the higher the electricity bill will be.

Installing water saving shower heads and tap connections will greatly reduce the amount hot water used each month, subsequently reducing your monthly utility bill. Stats show that a 7-minute shower replaced with a water saving shower head can save up to 35 liters of water per shower.

Therefore, by installing water saving shower heads and taps, you can reduce a tenant's monthly utility bills thereby increasing the marketability of your rental property.

It's time to think long term by investing in the marketability of your property.

Author: By Storme-Lee Oliver