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Dream Projects with Purpose: Why the Backyard of Your Santa Clara Rental Property Isn’t Worth It

A Newly Landscaped Backyard in a Santa Clara Rental PropertyYour Santa Clara rental property’s backyard is a fundamental part of its overall significance. But there is a substantial contrast between creating your dream backyard and building an appealing and functional backyard. One will help you maximize your rental rates and increase your property’s value, while the other probably won’t do either. Instead of installing the yard of your dreams in a rental property, the more effectual decision is to create an attractive, low-maintenance yard that appears great to tenants and is also easy for them to maintain.

One of the foremost mistakes you can do as a rental property homeowner is to overdo it on the landscaping. Industry experts denote spending no more than 10 percent of the property’s value in landscaping. Yet unless there is an apparent interest in doing so, you substantially don’t even need to go that high. A house with an extensively landscaped yard will not land as much extra rent as you might expect. In fact, overdoing it on the landscaping can frankly swing prospective renters gone as a result of all the extra maintenance being in demand.

To be certain that you keep your property attractive and profitable, aim for backyard upgrades that offer the highest returns for the cost. The primary process of an attractive backyard isn’t an upgrade. Rather, emphasize on improving the quality of what’s already present. A green, neatly trimmed lawn and well-cared for greenery will add instant appeal and aid boost the value of your property. If your property’s lawn is looking a bit sparse or bare, reseeding or adding some sod is one of the quickest tactics to get your property’s backyard living up to snuff.

Other relatively affordable backyard upgrades include outdoor lighting and outdoor gathering spaces. Without needing to create lavish planter beds filled with flowers, upgrade your leasing’s yard with structures that could be used by your renters for meetings or evening engagements. Adding a simple patio (or deck) may feel like a luxury upgrade, but you may create more appeal by providing a rental home with a ready-made space for festivity with family and friends. What is more, research has shown that in contrast to other backyard features, a patio or deck does increase property values, making it one expense to seriously consider for your rental property.

Outdoor lighting is one of the most budget-friendly backyard upgrades you can incorporate that has benefits beyond simple appearance. Renters will relish the added security and value of backyard lightings such as motion-sensing or energy-efficient lighting fixtures. Outdoor lighting will also complement any outdoor gathering spaces your rental property maintains, adding to the home’s curb appeal after dark.

Regardless of which improvements you someday may add to your Santa Clara rental property’s backyard, comprehending in particular what will offer the highest return for your money is a relevant element of managing a successful rental house. By focusing on quality features with a low-maintenance design, you can draw the kind of tenants you desire while at the same time growing your property values.

At Real Property Management Southern Utah, we can teach you to plan a backyard for your rental property that renters will prefer and also, one that is planned to earn back every dollar exhausted. We sense which backyard improvements correlate to solid rent increases, and can manage your property preparations to validate you’ve created a backyard with your tenants in mind. Contact us or call us at 435-673-4242 for more information.

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