Relocating to a new city is always exciting, but it comes with its share of challenges, especially if you’re leaving behind a home you plan to rent out. If you’re moving from Chicago, you’re likely focused on the logistics of your move, but don’t forget about preparing your current home for new tenants. In fact, homes that are updated and well-maintained tend to attract better tenants and rent out faster. Before you head off to your new city, here’s a comprehensive guide on how to renovate your home to make it tenant-ready, ensuring a hassle-free rental experience.
1. Plan Renovations Around Your Relocation Timeline
When planning renovations before relocating, it’s essential to align the projects with your moving schedule. As you prepare to transition from your current home to a new city, you’ll want to ensure the renovations are completed on time, so your property is tenant-ready. Start by making a detailed list of the renovations you need to accomplish and the time each will take. Tasks like updating the kitchen or bathroom might take longer, so prioritize them while allowing enough time for minor projects like painting or decluttering.
One often overlooked aspect of renovating is how your belongings may get in the way of your progress. Large furniture or packed-up boxes can hinder contractors from moving freely and completing their work efficiently. To avoid this, consider moving your items to your new home ahead of time. Hiring a long-distance moving company can help streamline this process. By moving most of your belongings to your new location, you’ll free up space in your current home, allowing contractors to work without obstacles and making your renovation process smoother.
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2. Address Essential Repairs to Avoid Future Maintenance Hassles
Before jumping into cosmetic updates, it’s important to focus on essential repairs. Leaks, electrical problems, or roof issues can become major headaches for both you and your future tenants. These types of repairs, if neglected, could lead to bigger problems down the road, resulting in complaints from tenants or even emergency repairs that could have been avoided. By addressing these foundational issues upfront, you ensure that your home is safe and functional for its next occupants and that you won’t be fielding maintenance calls from across the country.
3. Give the Interior a Fresh Coat of Neutral Paint
One of the simplest yet most effective ways to make your home more appealing to renters is by applying a fresh coat of paint. Opt for neutral colours like light greys, soft beiges, or whites, which create a clean and versatile backdrop. Neutral tones allow prospective tenants to envision their own furniture and decor in the space, making the home feel like a blank canvas. Plus, freshly painted walls instantly refresh the look of your home, giving it a brighter and more updated feel without a huge investment.
4. Modernize the Kitchen Without a Full Remodel
The kitchen is often the heart of the home, and renters are particularly drawn to functional, updated spaces. While a full kitchen remodel may not be necessary, minor updates can make a significant difference. Replacing old countertops, adding modern cabinet hardware, or installing new light fixtures can instantly modernize the space. If your budget allows, upgrading outdated appliances to energy-efficient models is another smart investment that will appeal to tenants looking for convenience and savings on utility bills.
5. Refresh the Bathroom with Simple Updates
Bathrooms are another area where even small upgrades can go a long way. Focus on replacing outdated fixtures, such as faucets, showerheads, or lighting. Recaulking around the bathtub or replacing old tile can give the bathroom a fresh, clean look that tenants will appreciate. Consider installing a new vanity or adding extra storage to enhance functionality. These updates don’t require a full remodel but can dramatically improve the bathroom’s overall appearance and comfort.
6. Boost Curb Appeal to Make a Great First Impression
First impressions matter, and enhancing your home’s curb appeal is one of the best ways to attract tenants. Simple updates like landscaping, repainting the front door, or adding new house numbers can make your home stand out from others on the rental market. A well-maintained exterior gives potential tenants confidence that the interior of the house is just as cared for. If the exterior is outdated, consider giving it a fresh coat of paint or replacing old siding to elevate its overall look.
7. Update Lighting and Flooring for a Modern Look
Outdated lighting and worn flooring can make even the best-maintained homes look tired. Replacing old light fixtures with modern, energy-efficient options instantly brightens rooms and creates a more inviting atmosphere. Similarly, if your floors are worn or outdated, consider upgrading them. Hardwood or laminate flooring is especially appealing to renters because of its durability and easy maintenance. A quick update in these areas can make your home feel fresh and new without a major renovation effort.
8. Set a Realistic Budget and Focus on High-Impact Renovations
It’s easy to get carried away with home renovations, but setting a realistic budget will ensure you don’t overspend. Focus on renovations that will have the greatest impact on rentability, such as kitchen and bathroom updates, energy efficiency, and curb appeal improvements. Avoid luxury upgrades that won’t significantly increase rental value. By sticking to a budget and prioritizing the most important updates, you’ll maximize the return on your investment and attract tenants willing to pay higher rent.
Renovating your current house before relocating to a new city is an essential step in ensuring that your home is tenant-ready and that you can rent it out quickly and for the best price. By focusing on essential repairs, improving energy efficiency, and making thoughtful updates to high-impact areas like the kitchen, bathroom, and exterior, you’ll increase the appeal of your property and minimize future maintenance issues. As you prepare for your move, taking the time to renovate will not only provide peace of mind but also ensure a smooth transition for your new tenants.
DISCLOSURE – This is a collaborative post.
