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Which Upgrades Will Offer the Best Return on Investment for My Yukon Rental Home?

Successful and profitable rental home ownership requires straightforward, long-term planning. Part of this planning means including regular upgrades and improvements to keep your property updated and competitive. Single-family Yukon rental homes are a good investment, but on the other hand, is needed to be well managed to stay profitable and keep property values high. Regular and consistent improvements are critical in maintaining competitive rents and tenants in place. However, not all upgrades provide high returns for the cost. To get the most out of every dollar spent on your rental property, it’s vital to prepare for and execute improvements that will create the maximum positive impact on your property‘s value and appeal.

Focus on Curb Appeal

The first thing to understand concerning property improvements is that super-expensive rehabilitations do not always yield dramatic results. It is stated by real estate experts, that modestly priced fixes and repairs are ordinarily great places to embark on. Upgrades that develop and improve a property’s curb appeal tend to bring in higher property values than upgrades on the home’s interior.

As an illustration, updating a garage door results in a rapid and significant boost in curb appeal. A quality garage door can, very swiftly, update an aging exterior and has less potential to break down or run into problems for many years. For tenants who keep on using a garage door day in and day out, that can be reassuring evidence that the Yukon property manager cares about the appearance and function of the home the same as the quality of the tenant’s life there.

In the same manner, replacing a plain or old-looking front door can induce higher appeal and rent. One of the first things a prospective tenant sees when touring the property is exterior doors, such as garage doors. For the best first impression possible, make the decision and use a quality exterior door for your property that is both secure and visually alluring.

Upgrades for the Heart of the Home

Another upgrade that can directly bear fruit is updating the kitchen. A superb kitchen is one of the common reasons tenants like one rental home over another. Indeed, most people spend a lot of time in the kitchen and take advantage of it as a gathering space for friends and family. Though even though a kitchen upgrade doesn’t need to be big, replacing appliances as they wear out or resurfacing cabinets can go very far toward keeping the kitchen up-to-date and tenants satisfied.

Clean and Current Bathrooms

Clean and recently updated bathrooms are another item that furnishes measurable results. And there is no need for super expensive fixtures or features. Even a very simple bathroom can attract a lot of value to a rental home and continue to take on tenants long-term. Missing tiles, failing grout or caulk lines, and antiquated cabinets should be replaced where required to keep things looking clean and current.


You and your tenants benefit when your project and plan your upgrades strategically for maximum impact. At Real Property Management Elevate, we offer deliberate and detailed property evaluations that can support property owners with planning and effectively making upgrades a cinch and worry-free part of property management. We also execute market assessments for each rental home and with this data, make custom recommendations. This methodology helps keep every property competitive and rent for the highest amount plausible. Contact us online to learn more.

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