Increase Apartment Rental Value Through Renovation
Strategic renovations that increase rental income. Learn which upgrades deliver the highest ROI for apartment properties in Houston.
Strategic renovations that increase rental income. Learn which upgrades deliver the highest ROI for apartment properties in Houston.
Not all renovations are created equal. Some upgrades pay for themselves in months; others take years. This guide identifies the highest-ROI renovation strategies for Houston apartment owners and property managers.
Kitchens drive leasing decisions more than any other room. Replacing countertops (laminate to granite: $2,000-$4,000), updating cabinets ($3,000-$6,000), and installing stainless appliances ($2,000-$3,500) can justify 15-25% rent increases.
Modern vanities, new tile, and updated fixtures transform dated bathrooms at $3,000-$8,000 per unit. Tub-to-shower conversions are especially popular with younger renters.
LVP flooring ($3-$6/sqft installed) is the gold standard for multifamily. It looks like hardwood, handles moisture, resists scratches, and tenants love it. Replacing carpet with LVP is the single highest-impact, lowest-cost upgrade available.
Smart thermostats ($150-$300 installed), keyless entry ($200-$400), and USB outlets ($30-$50 each) appeal to tech-savvy renters and justify $50-$100/month premiums at minimal cost.
Fitness centers, co-working spaces, and upgraded pool areas attract higher-income tenants. These common-area investments benefit every unit in the property, spreading cost across total rental income.
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