As a single-family rental property investor in Raleigh, keeping your property’s appeal can be a challenge when you are working with a limited budget. There are, however, many inexpensive materials now that are available for the upgrade needs of your rental home. From wood to stone to tile, here are some budget-friendly materials for your Raleigh rental homes.
Wood gives off an air of warmth and comfort. But new hardwood is expensive. A great and inexpensive alternative is to use reclaimed wood in your property. Reclaimed woods are great budget-friendly materials for property investors because you can use them for remodeling floors, fences, and decks or adding even more creative decorative elements. Get that cabin or beach house atmosphere with the weathered, rustic look of reclaimed wood. You can also have them refinished, stained, or painted if you are going for a more colorful or contemporary look.
Go for a tropical vibe with the beautiful and environmentally-friendly bamboo. Bamboo rods and sheets are very affordable, too! You can use bamboo on interior walls, patio bars, planter beds, lightweight fencing, and more. This beautiful material instantly uplifts any room or yard.
Ceramic or Porcelain Tiles
You can try ceramic or porcelain as well to stretch your remodeling budget. You can create many combinations in the kitchen and bath with the various styles, colors, and finishes of ceramic tiles. While natural stone tiles can get expensive and are high-maintenance, ceramic or porcelain tiles are fairly easy to maintain. A tile countertop also looks more elegant than laminate and costs similar.
Solid Surface Countertops
Get that high-end look of expensive countertops with ones with solid surfaces. You can get that similar upscale look of granite for much less. Because solid surface countertops come in a variety of colors and finishes, they offer versatility and affordability for your investment property.
Use used bricks as you would use reclaimed wood in your rental properties. Aesthetically pleasing with its characteristic weathered look, used brick is more affordable than new brick. You can also use painted brick for a splash of color. You can use brick to update accent walls, patios, walkways, and of course, chimneys and fireplace surround.
If you are going for the look of natural stone minus the high cost, you can try using stone veneers. Stone veneers come conveniently pre-installed on wood or concrete backing. Stone veneer panels are commonly used for fireplace surrounds, home exteriors, and retaining walls. The price of stone veneers will depend on the style and size you want and they can give your Raleigh rental property an instant facelift without the weight and expense.
Would you like to learn more budget-friendly ways to get your Raleigh rental properties updated and competitively leased? Contact us today!
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