When you own a rental property, you know that you can't afford to blow through your budget on superficial and fun design choices. You have to stick to a strict budget and only spend money that will have a return, but in the end there is no doubt that fixing up an income property is worth the work. Not only does it allow you to increase rent, but a nice space will attract high-quality tenants that'll want to stick around and keep up the place. See how this rental space makeover made a big difference with a small budget.
BASEMENT BEDROOM BEFORE:
Besides the dark wood paneling, this room needed a lot of work. Filthy blinds, deteriorating walls, loose wood paneling, and two-prong outlets are just a few of the problems fixed with just a little elbow grease.
BASEMENT BEDROOM AFTER:
By painting the existing wood paneling a bright white, the walls acted as mirrors reflecting the light. The paneling is a barrier from outside bugs and gives the room a little more insulation. Repairing rather than ripping the paneling out was a cost effective and easy decision. With caulk, nails, and gallons of primer and paint, the room ended up looking brand new. Blinds were traded for roll-down shades and the two-prong outlets were replaced with GFCI outlets.
BASEMENT BATHROOM BEFORE:
More time consuming than costly, this bathroom was in desperate need of some TLC. The paint was peeling off of the walls and pipes and the fixtures were mounted awkwardly, making the space less efficient. One of the biggest hurdles was how cramped and tiny the bathroom felt.
BASEMENT BATHROOM AFTER:
Better lighting and the use of mirrors helped the bathroom feel a larger. Beforehand, towel rods were placed in the middle of the wall opposite of the bath tub. That's how you'd normally place them, however, most bathrooms have more than a 16-inch walkway. By placing the hooks higher, the walkway regained the 3 inches the towel rods previously took away. A new shelf filled the awkwardly long gap between the mirror and the sink and provided some much needed storage space. Previously, the cabinet behind the door required the door to be shut all the way before opening. Removing the cabinet door created easy access and stylish open-style shelves.
BASEMENT KITCHEN BEFORE:
With a layer of chipped linoleum over asphalt tiles, there wasn't much possible with the floor. Asphalt tiles contain asbestos, so while they are safe to walk on and live in, they are dangerous and expensive to remove. In hopes of a future remodel, an inexpensive solution to the flooring was needed. The walls were in disrepair with grease stains and multiple colors of paint near the counters.
BASEMENT KITCHEN AFTER:
Laminate flooring is water-resistant, easy to install, good over semi-uneven floors, and inexpensive. It made it an easy choice to cover up the existing floor. The big risk in this after is not changing the counters. Holding out for a larger remodel just made sense (and save some cents, too). Hopefully, this apartment will have an open-concept kitchen and a larger bathroom in the future. Until then, the improvements made the results well worth the effort.