From bigger renovations to smaller projects, there are several things you can do to make your investment property more profitable. We’ve laid out three improvements to increase vacation home values, so you can make the most out of your rental.
Once you’ve made some upgrades to your beach house, it will increase the value and can make you extra income as a vacation rental. If you’re considering this next step toward financial success and happiness, we can help you reach your goals! Learn more about our property management services and contact us today!
Improvements to Increase Vacation Home Values
Update the Kitchen and Bathrooms
We’ve learned that updated kitchens are so important for guests when booking their vacation and can easily increase what they are willing to pay per night. Guests opt for a rental so the family has the option to cook meals and not eat out for every meal. So, kitchens with SLEEK, MODERN APPLIANCES stand out, especially if these kitchens have beautiful custom cabinets and countertops. If you’re looking for smaller, more affordable improvements to increase vacation home values, little touches like a stylish backsplash or a built-in wine fridge can really add value to your property.
Renovated bathrooms show that the homeowner cares about their property. Clean lines, TILED SHOWERS and TUBS, and WALK-IN SHOWERS really grab attention. It’s important to remember that families with young children often look for vacation rentals with at least one tub, so kids can still take their evening baths.
Keep Things Clean
An easy and affordable way to maintain your home and its value is to keep it clean. Don’t forget things like power washing, cleaning out the gutter, wiping windows, etc. With our vacation rental management, you can rest assured knowing your property is being well cleaned and properly maintained. To provide the highest level of transparency, we do not employ maintenance or housekeeping personnel. This allows our team to negotiate better pricing for clients without a potential conflict of interest.
Give Your Home Some Curb Appeal
Don’t forget about the outside of your home! Doing some landscaping to your home can be a fun way to spruce things up and actually increase the value of the house. Another great thing about adding some curb appeal is it can be as affordable or as costly as you’d like. You can DIY your garden beds and maybe even add a walkway. On the flip side, you can take on bigger projects that come with bigger rewards like adding a pool or fence.
Figure Out the Value of Your Home
In order to increase the value of your home, you have to know where you’re starting at. A great way to figure that out is to have a South Carolina home inspection done on your beach house to ensure your home doesn’t have any underlying problems you might not know about. From there, you can get an appraisal on the property to determine what the house is worth. We recommend doing this before and after any improvements to your home. However, getting all this done will cost some money, so if you prefer to only do it once, get your final home value after your improvements. You can get a general idea of what your home is worth via the real estate market before you make any upgrades. That’s something we can help you with here at Dunes Properties.
Keep In Mind: This is a much more important step if you plan to sell than if you’re looking to increase your vacation rental’s price per night.
Let Us Help You Reach Your Investment Property Goals
Once you’ve completed a couple of these improvements to increase vacation home values, you’ll be set to continue growing towards your financial goals. Our team at Charleston Coast Vacations is second to none in the area. We focus on our owners’ goals and optimize our strategies to ensure we align with their vision. We have years of experience providing top-notch customer service and work tirelessly to make your vacation homeowner dream become a reality.