Updating a rental property can be a fantastic way to increase the property value and there is no better way to do this than by remodeling the kitchen. Since the kitchen is a space that any tenant will use regularly, it is a good idea to look into which features are best to include. This way the rental property is as enticing as possible without you spending more money than necessary on the kitchen remodeling.
Get Stainless Steel Appliances
While white or black appliances may look nice in some kitchens, stainless steel remains one of the most desired features in modern kitchens. With how easy stainless steel is to clean and the long lifespan you can expect, these appliances are an ideal feature for any rental property. Stainless steel can also look nicer when listing the property, helping to attract more people when between tenants.
Make Room for a Dishwasher
Washing dishes is a task that many people hope to avoid, due to the time it takes and the amount of counter space needed for drying dishes. With the drawbacks of washing dishes by hand, prioritize the addition of a dishwasher so the kitchen feels modern and updated. If the kitchen lacks in space, you may need to remove some cabinets or cut partway into the dining area, but the presence of a dishwasher can still help recoup the costs.
Increase Storage Space
A common complaint from people about their kitchens is a lack of storage space for dishes, small appliances, and food. An easy way to prevent this is by introducing more storage space in the form freestanding shelves, the addition of a pantry, or a pegboard. Any empty space on the walls can also be used to mount new cabinetry, giving the kitchen plenty of additional storage.
Add a Breakfast Nook
An additional dining space can be a great way for renters to have a space for eating alone or entertaining guests; making a breakfast nook is a smart upgrade to consider. With the addition of a breakfast nook, you can also make the kitchen feel more open and allow diners to see the kitchen and potentially the rest of the living area while eating.
Upgrading the kitchen is an ideal way to raise the value of your rental property in a way that any future tenants will enjoy. To get the most from your money, make sure to include some of the above features that tenants are looking for.