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Evaluating Benefits: Upgrades to Your Rental Property

Woman wearing yellow gloves and red shirt painting kitchen cabinets. Prudently planning to upgrade your single-family rental home per year is not just a wise investment strategy, but moreover a financial security measure. Just as rental homes must be regularly maintained, they should therefore be updated to keep them current and competitive in the market, thereby warranting a steady increase in property value in a while.


Property values throughout Tulsa rely extremely on the home’s condition, so investing a little to bring things up-to-date now and again is worth the time and cost involved.

That being said, not all upgrades tender direct benefits for property owners. In point of fact, a number of enhancements have indeed clear advantages for residents but don’t add much to the property’s value or help protect your investment better.

Reasonable upgrades to maintain property value

Putting up new kitchen cabinets in your rental properties may truly sound like an upgrade that would benefit you and your residents. Your residents will be delighted with terrific cabinets, and you might presume that new cabinets would keep your property values skyrocketing. Be that as it may, it is a fact that kitchen cabinets are one upgrade that isn’t worth the cost because any increase in value you might see won’t really amount to what you’ve spent on the job.


If the kitchen cabinets in your rental are in certainly dismal shape, you should replace them with something new wonderful. Otherwise, a good cleaning or a coat of paint or stain is all your cabinets need to keep them fine.

Fancy stylings usually do not add to property value

Another upgrade that has far more benefits for the residents of a rental home than for the owner is high-end window treatments. To individualize their space, residents may desire upgraded blinds, valences, or drapery systems.


But while owners expect residents to make a rental home comfortable, there’s no factual benefit to providing any window treatments beyond a small number of fine but essential blinds or shutters. Fancy window treatments don’t add a lot to the overall value of your property and are tied so extremely to an individual style that they do very rarely have vast appeal.

Trendy decorative features may not benefit tenants

Speaking of personal style, other decorative features like custom garage doors, luxurious paint colors, and so on seem like the right direction to invite quality residents. But on the contrary, as with window treatments, the appeal of decorative features is a matter of personality. Consequently, upgrading beyond good quality, basic doors, windows, and interiors holds very little to no benefit for property owners.


Residents may delight in trendy decorative features for a moment, but as trends change, so will that attractiveness. To generate a quality home with lasting appeal, avoid the newest trends and pay attention to the less exciting but explicitly more tried-and-true décor for rental homes.


Whether you’ve conducted upgrades or not, rental property maintenance should, each time, be a priority to maintain value. At Real Property Management Tulsa, we care for and protect your Tulsa investment while establishing advantageous relationships with your residents. For more information relating to our property management services, please contact us online or at 918-532-7020.

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