If you’re developing an older Apex rental property for new tenants, you may be considering methods to renovate the home and, optimistically, attract a new generation of renters. But be aware, before you begin tearing out or painting over things, there are quite a few features in older homes that you shouldn’t remodel. Not only that these features give a home beauty and character, but on top of that, attempting to change them may end up being far more expensive than it’s worth. Before you change any unique features of your property, consider the benefits of keeping these features on our list.
You may be thinking merely in connection with the long-term maintenance involved. Don’t be too fast to eradicate or conceal hardwood flooring. Both you and your tenants may want the beauty of a hardwood floor, and it would even help give your property values a boost. Just think about all the carpet cleaning you can eliminate after each move-out.
Exposed Beams and Mantels
Likewise, if your property has wooden mantels or exposed ceiling beams, think twice prior to taking them away or painting over them. Natural wood features continue to be very popular with homeowners and renters and lend a warm charm to any room. Refinish a wooden mantel or leave your rustic wood beams as it stands, adding a lovely farmhouse feel that will set apart your rental.
Millwork, Arches, and Pocket Doors
Older homes, specifically those built before the turn of the twentieth century, usually have unique design features like particular crown molding, arched doorways, pocket doors, and even medallions and other trim on the ceilings and walls. Although such features may not, at first glance, have a place in modern architecture, think again! Such unique details are trendy and in-demand again, which will only increase your rental property’s appeal.
Another extraordinary detail generally spotted in older homes is stained glass. The popularity of stained glass windows has come and gone over the decades, and numerous people will normally find it ugly. But, however, that doesn’t mean you should rip it out. Colored glass panes help magnify light in dark spaces while maintaining privacy. In addition, you can always move the stained glass panes to a less prominent place in the house, such as a bathroom window. This will aid to preserve the home’s unique style and history while granting you to appeal to a wide range of renters.
Banquettes and Butler Pantries
After decades of homes built without utility rooms and built-in features, demand for these useful elements has come back stronger than ever. This is exactly why, if your older rental home has a butler pantry (small room next to the kitchen) or banquettes (built-in bench seating), you should think of retaining them. Homeowners and renters alike love the utility and convenience of built-ins, while a butler pantry makes a great coffee station, work, or storage area.
Planning a rental property renovation is, at times, a real concern. However, it’s significant not to neglect the appeal of your property’s unique details. Rather than trying to get rid of them, working with them can make a big difference in adding character, charm, and value to your property.
Would you want to learn more about creating a rental property that tenants will favor? Trust the local experts at Real Property Management Excellence. You can call us at 919-827-1107 or contact us online.
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