Yea Curb Appeal is Important and if You Are An Investor/Landlord Here’s Why You Should Care…?
We’ve sold and managed many Residential Investment type of properties such as Duplexes and Four-plexes along with Single Family homes and Apartment complexes for years now. The one thing I’ve always stressed to any Landlord/Investor is to always include Landscape Maintenance as part of the expense. Some of them don’t take my advice so here are some reasons why they should bear the expense.
Curb appeal is the attractiveness of a property and its surroundings when viewed from the street. It is one of the most important factors for both rental properties and real estate sales, as it can influence the potential tenants or buyers’ first impression and decision.
Citrus Heights Duplex Unit for rent
Below here are some reasons why curb appeal matters from the point of view of an Investor, a property manager or real estate broker and more importantly – The Renter:
- Increases property value: A well-maintained and appealing property can increase its market value and attract more offers. According to a study by the National Association of Realtors, landscaping can add up to 12% to a home’s value.
- Boosts occupancy rate: A property with curb appeal can stand out from the competition and draw more attention from prospective renters. It can also reduce vacancy time and turnover rate, as tenants are more likely to stay longer and renew their leases in a property that they are proud of living there.
- Enhances reputation: Now for those of us in the Real Estate Business or Property Management, a property with curb appeal can reflect positively on the property manager or real estate broker’s professionalism and credibility. It can also generate positive word-of-mouth and referrals from satisfied tenants or buyers, which can lead to more business opportunities.
- Saves money and time: A property with curb appeal can prevent costly and time-consuming repairs and maintenance issues in the future. By keeping the property in good condition and addressing minor problems before they become major ones, the property manager or real estate broker can save their clients money and time in the long run.
Therefore, curb appeal is not only a cosmetic feature, but also a strategic investment that can benefit both the property owner if they are renting it our or they are planning to sell in the future.
So the bottom line is by improving and maintaining the curb appeal of a property value can be increased, occupancy rate will be stable and it helps the reputation and desirability of the neighborhood.
Now in the Mean Time…?
Make it a Great Day…!
Leave a Reply