As a landlord, when you’re trying to attract tenants, you should always follow the checklist of things to do to ensure that you’re able to get them in as quickly as possible to start making the money you should be. Properties for family tenants have the potential to serve as reliable homes for those who need them while making more than homes for single occupants. However, while families might be more lucrative, and more likely to stay the long-term, they also have additional demands you need to be ready to cater for, such as the following.
Highlight the Location
When choosing a rental home for family living, the location plays a pivotal role in making the property desirable and functional. Proximity to schools is often at the top of a family’s checklist, so emphasize how close the property is to reputable schools or childcare centres. Easy access to public transportation or major roadways can be a game-changer for working parents who need to commute. Additionally, nearby amenities like grocery stores, parks, healthcare facilities, and community centres add convenience to daily life. Highlighting these aspects can make a rental property stand out as a practical and appealing choice for families looking to settle into a well-connected neighbourhood.
Furnish It
Furnished rental properties are a significant advantage for families, especially those operating on tighter budgets or relocating to a new area. Families with children often prioritize cost-efficiency, and moving into a home that already includes furniture can help them save on upfront expenses. Furnish the property thoughtfully, ensuring the living areas are equipped with comfortable and durable items that suit family life. A practical dining table, a sturdy sofa, and essential bedroom furniture make a rental feel move-in ready. Including items for children’s bedrooms, such as single beds or bunk beds, is a thoughtful touch that demonstrates a family-friendly approach and ensures the space meets the needs of every member.
Provide Quality Appliances
Families rely heavily on household appliances to keep their busy lives running smoothly. Offering a rental property with high-quality appliances is a valuable feature that can significantly enhance its appeal. A reliable washing machine, a dryer, and a dishwasher can make a big difference in streamlining household chores. Families also appreciate spacious refrigerators to accommodate larger grocery hauls and modern cooking appliances for meal preparation. Ensuring these appliances are energy-efficient can also attract eco-conscious renters and help families save on utility costs, making the property not only functional but also economical in the long run.
Have a Family-Friendly Layout
A family-friendly layout is essential to create a harmonious living environment. Open-plan living areas are particularly appealing, as they provide a sense of spaciousness and allow parents to keep an eye on their children while cooking, working, or relaxing. A living room that flows seamlessly into the kitchen or dining area fosters togetherness and makes the space more versatile for daily use. Bedrooms that are adequately spaced or positioned to provide privacy for parents and kids are another key feature. Designing the layout with functionality and family dynamics in mind ensures the property supports a lifestyle centred around connection and ease.
Try to Provide Parking for Family Cars
Parking is often a crucial consideration for families, particularly those with young children or multiple vehicles. Providing designated parking spaces or easy access to on-street parking can make a rental property far more practical for families. If space allows, include a garage or a secure carport to protect vehicles and provide additional storage. Families with small children also appreciate parking areas that are close to the entrance of the home, reducing the hassle of unloading groceries, strollers, and other items. Thoughtful parking solutions can make everyday life more manageable and enhance the overall appeal of the property.
Ensure It’s Welcoming for Kids
A family-oriented rental home should feel welcoming for children, catering to their needs and comfort. If you’re furnishing the property, include items specifically designed for kids, such as single beds, bunk beds, or small desks for homework. Opt for durable and easy-to-clean materials in high-traffic areas, as they can withstand the inevitable wear and tear of family life. Wall colours and decor can also play a role in creating a child-friendly atmosphere—choose neutral tones with the potential for personalization. Outdoor spaces can be transformed into safe play areas with soft landscaping or even a designated corner for toys and activities, making the home truly child-friendly.
Ensure It Provides Storage Space
Storage is a critical consideration for families, who often accumulate a significant amount of belongings, from seasonal clothes to sports equipment and toys. A rental property with ample storage options can make it easier for families to stay organized and feel less cramped. Built-in wardrobes, under-stair storage, or even freestanding shelving units can go a long way in meeting their needs. If the home lacks storage, consider providing practical solutions such as modular storage systems or furniture with built-in compartments, like ottomans or bed frames with drawers. Efficient storage solutions are not just convenient, they contribute to a clutter-free and peaceful living environment.
Maximize Your Usable Outdoor Space
Outdoor space is a valuable asset for family living, offering children a safe place to play and adults a relaxing retreat. Maximize the usability of any garden, patio, or balcony by ensuring it’s well-maintained and versatile. A simple lawn, secure fencing, and a few comfortable chairs or benches can turn an outdoor area into a family-friendly haven. If possible, include features like a small shed for additional storage or a patio space for al fresco dining. Even smaller outdoor areas can be optimized with clever landscaping or compact furniture. By making the outdoor space inviting and functional, you increase the overall livability of the property.
Make It a Secure and Safe Space
Safety is a top priority for families, and a secure rental property can provide much-needed peace of mind. Install sturdy locks on doors and windows, and consider adding childproof features like window restrictors or outlet covers in homes with younger children. Outdoor areas should be fully enclosed with secure fencing, particularly if the property is located near busy roads. Adequate lighting around entrances and pathways also contributes to a sense of safety. For properties with stairs or balconies, ensure railings meet safety standards and are in good repair. A secure and safe home fosters confidence and trust, making it more appealing to families.
Be Accepting of Pets
For many families, pets are cherished members of the household. Being open to tenants with pets can significantly broaden your rental property’s appeal, as pet-friendly options are often in high demand. Demonstrate your pet-friendly stance by ensuring the property is equipped to accommodate animals, such as having a fenced yard or durable flooring that can withstand wear. You might also include practical guidelines in the lease, such as requiring tenants to clean up after their pets or cover any potential damages. Embracing pets not only caters to a broader demographic but also fosters goodwill among renters who see their furry friends as part of the family.
Consider an Office Space for the Parents
With remote work becoming increasingly common, having a dedicated office space is a major advantage for families. A spare room, a quiet nook, or even a well-organized corner can serve as a productive workspace for parents. Equip the area with sufficient outlets, good lighting, and stable Wi-Fi connectivity to ensure functionality. If possible, provide a desk or shelving to help renters visualise the potential of the space. A well-thought-out office area can enhance the appeal of your rental property, catering to the modern family’s need for a balance between professional and personal life while living comfortably under one roof.
Families might take a little more work to house, but the benefits in terms of extra rent and an increased chance of them staying for longer can be more than worth it.
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