4 Upgrades to Make To Your Complex This Spring

By Kaitlin Hurtado on March 18, 2024

When it comes to property management, you are always looking for ways to keep your rental property attractive so that you can effectively maintain your current residents and attract new tenants in the event of a vacancy. While you can pay extra attention to maintenance requests as they come or offer move-in specials to new tenants, leaving the actual complex at the back of your mind is detrimental.

Use spring as an opportunity to consider and complete upgrades around your complex for a much-needed refresh. Keep reading for ideas on upgrades you can make to your complex this spring.

 

Photo: Pexels

Power washing common areas

With sunny days ahead, tenants are likely going to be spending time out and about, whether it be within the rental community around common areas or going in and out of the community. Take the better weather as an opportunity to clean up walkways and external walls through power washing, removing built-up dirt and grime.

If you are going to powerwash, be sure to provide notification to tenants, especially if you are power-washing walkways or areas close to their unit, such as near their windows or patios, to alert them of alternate paths and to close their windows/remove furniture from the patio during the power washing.

Refreshing common area amenities

Depending on your rental property, you may be managing a property that has plenty of common area amenities. These can include laundry rooms, tenant lounges/game rooms, playgrounds, doggy play areas, tennis/basketball courts, and pool/barbeque areas.

Common area amenities provide ample opportunities to make upgrades for spring. For spaces without furniture, such as a laundry room, a fresh coat of paint can refresh the area. If space allows it, consider adding useful furniture for the area. A small set of chairs and a table can allow a tenant to sit by while their laundry is done, or provide a space for folding clean laundry. Upgrading lighting fixtures can make spaces look more bright and welcoming.

If your complex has lounges or game rooms for tenants, consider adding some new features, such as new games or upgraded technology to encourage tenants to make use of the space.

With outdoor play areas, whether it be for kids or pets, take time to evaluate the space as is. In the winter months, play areas may have suffered from the winter weather. Be sure to clean up the area and verify that any play structures are still safe for use.

When it comes to other outdoor areas, such as pools and barbeque areas, consider adding new furniture or upgrading the existing furniture. Lounge chairs, tables, and patio umbrellas can make outdoor spaces more comfortable and encourage tenants to spend more time in the spaces.

Upgrades to improve curb appeal

During the winter months, the plants around your rental property could have suffered, leaving the property looking a little more run-down than it really is. Improve your rental property’s curb appeal by making upgrades to your landscaping. Patch areas of brown/bare lawn, add new mulch to planters and plant new flowers and shrubbery.

If you have ample unused outdoor space, consider creating a community garden where tenants can come together to grow produce. Add potted planters where there is limited green space, such as patio areas that are primarily concrete.

In-unit upgrades

Don’t limit your spring upgrades to common areas – be sure to consider in-unit upgrades that will surely impress your tenants. If you actively receive feedback from tenants, whether it be them just providing it during their tenancy or after their tenancy ends.

Is there feedback that shares some similarities, such as asking for upgraded appliances or new paint? You can consider starting with making upgrades to vacant units, and then slowly implementing upgrades to current tenants’ units by working with them to schedule upgrades.

Starting with vacant units can help make them move-in ready – common upgrades to consider are new appliances, flooring, technology (keyless entry, thermostats), countertops, and bathroom upgrades.

On the other hand, don’t leave your current tenants ignored. Some tenants may prefer to keep their unit as is, whether it be due to them vacating soon or they may prefer not to have to worry about coordinating renovations that could disrupt their daily lives. For long-term tenants, their units may not have been renovated for years. Offering the option of in-unit upgrades can keep them happy and satisfied with their unit and prevent them from looking elsewhere for an upgraded rental unit.

With any of these upgrades, you are making an effort to keep existing tenants and attract new ones, a move that will continue to pay off for your rental property’s future.

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