Top 8 Amenities Renters Can’t Resist in Chico
When looking for hotel accommodation, you will naturally check out the amenities available to ensure you maximize your stay. This is also the case for tenants looking to rent an apartment in Chico for a year or two.
They will want to review the apartment amenities you offer and will sign the lease agreement if they are satisfied with your offerings. They compare the amenities provided by one rental with another. As a result, landlords will want to provide the most sought-after amenities for their rental apartment.
This article will offer insight into the apartment amenities desired by residents.
Defining Apartment Amenities
First, let’s start by learning what apartment amenities are. These are features or services you provide to renters that are not essential but renters value, such as pools, parking spaces, laundry areas, and gyms.
Excellent amenities can attract a lot of residents and make them willing to sign or renew leases quickly. They are also categorized as a competitive edge over other rental units. Some property owners set a higher rental fee for units that have access to the best amenities in the building.
Note that apartment amenities can vary from one apartment to another. Residents may also value each amenity differently from others. A family raising young kids may appreciate a playground in the vicinity while a student may prefer having a bicycle rack to keep their bikes safe.
As a property owner, assess the kind of amenities that will attract your target market. Study their needs and preferences to ensure a good match. The more suitable the amenities you offer, the happier and more loyal your tenants become.
Amenity Categories
Amenities can be categorized into in-unit and community, which simply means, provided individually for each unit or shared with the rest of the residents. You can further break down the categories into
- Security or safety
- Convenience
- Luxury
- Wellness
As you are trying to decide which amenity matches the needs of the group you are targeting as renters, they should fit into all these categories.
Top Sought-After Amenities for Your Chico Property
Here are the 8 best amenities you can offer renters:
Flexible Pet Policies
Even if there is increased potential damage exposure when accommodating tenants with pets, it is also an opportunity loss if you fail to see the huge advantages of turning into a pet-friendly rental unit.
You gain a wider tenant selection, responsible renters, long-term tenants, and more sources of income when you welcome pet owners as residents.
While risks are involved, there are ways to mitigate them while continuing to maximize the benefits that come with a flexible pet policy for your Chico apartment.
Granite Countertops and Stainless Steel Appliances
One of the rooms that prospective renters check before signing a lease agreement is the condition of the kitchen. Since people cook at home to save more, it is vital to offer an easy-to-clean kitchen.
Upgrade your kitchen and invest in a granite countertop and stainless steel finishes. Both can deliver easy maintenance since the material is durable, which leads to minimal repair requests.
Balconies and patios
Residents also look forward to outdoor spaces and by providing a balcony or patio, you can attract more interest.
Staying inside a building all the time can be uncomfortable but if you provide a balcony, renters can have a relaxing spot to breathe in fresh air and refresh their eyes with outdoor views.
If your unit is too small to add a balcony, you can also create a rooftop garden or a designated picnic spot outside for grilling and getting together with friends. Ensure that common areas are tidy to improve your curb appeal.
Security and Safety
Your Chico tenants expect you to provide a safe home that complies with the current standards of security. This means that the electrical system and plumbing systems are up to date safety-wise. You must also have effective alarms and security cameras in place.
If your property was built before 1978, make sure to disclose potential lead exposure to the renters, as prescribed by the law.
Enough Parking Area
If your Chico neighborhood is dense, it is best to offer a designated parking spot to renters to ensure their cars are secure from all kinds of weather.
Closets and Additional Storage
Another thing tenants greatly value is storage spaces. Make sure to install sufficient pantry space, closets, and cupboards. In bedrooms, make sure to allot plenty of cabinets and shelves to keep the room clutter-free and organize the residents’ belongings neatly.
In-Unit Washer and Dryer
Nothing beats convenience than having your own washer and dryer in your Chico rental home. Laundromats may exist but dragging around a laundry bag, especially during bad weather can be cumbersome.
If you furnish this, it can delight renters who want to save on the cost of appliances since they can be too bulky to carry around when moving.
Smart home features
Modern technology has led to greater convenience that residents appreciate. Using sensors and adding smart appliances can be appreciated by renters.
You can install electronic door locks so lost keys can be a thing of the past for renters. They can use their mobile devices to lock and unlock the door and reset passcodes.
Tenants also love having control over their smart home systems, such that they can adjust the temperature settings and switch on the lights before they arrive at their apartment units.
Bottom line
The eight amenities listed above can make your Chico apartment a cut above the rest. When you invest in things that residents value and appreciate, you stand a chance of engaging the interest of prospective renters more.
Contact IPM Property Management today if you’re seeking a reliable property manager to oversee your Chico investment property and provide excellent property management services.