How to Make Your AIRBNB Property More Appealing So You Can Increase the Rental Value
By making your property more appealing and eye-catching, you can more easily make the most of your Airbnb. Not only will you be able to secure more bookings and appeal to a wider audience, but you can also make more rent from your property.
There are many ways in which people make a living these days, and one of these is through property rental. A very popular option that has gained traction over recent years is offering space to travelers as part of the Airbnb community, which began back in 2008. As a property owner, you can rent out a room or even your entire apartment or house to others from around the world through Airbnb, and you can make a lot of money from doing this.
As Airbnb has become a trusted name and platform across the globe, you can enjoy a high level of success when you rent out your property through this platform. However, the amount of rental income you get can depend on a variety of factors, such as the type and size of your property, the location, whether you are renting out just a room or the entire property, and more. In addition, it can depend on the condition of your property.
The good news is that there are steps you can take in order to make your Airbnb property more appealing, which then means you could potentially increase the rental value and make more money. In this article, we will look at some of the ways in which you can achieve this goal.
How You Can Achieve This Goal with Your Airbnb Property
According to Maria Velniceriu founder of lifestyle magazine missmv, there are various improvements you can make to your Airbnb property in order to make it more appealing, and this could help you to bring in more rental income from the property. To start, you need to invest in the right market. This Airbnb rental income calculator can help you with that, but if you already have a property, you can improve on what you have by:
Make it More Accessible
There are many renters who are looking to find properties that have accessible facilities. This is not just people with disabilities, but also people such as the elderly who might not be as mobile as they once were. By offering accessible facilities at your property, you can make it more appealing to a wider audience rather than just those who have no mobility issues or disabilities. Simple steps such as a walk-in shower, ramps, and ground floor bedroom or bathroom facilities can make a big difference and could help to increase your rental income.
Consider Room Conversions
The more people you can accommodate in your Airbnb property, the more money you can make. So, try to avoid wasting space, and maximize the number of people you can accommodate in your property. One of the ways in which you can do this is by converting rooms that are currently going to waste. For instance, you might have a room that is filled with junk – clear it out and create another bedroom. You might have a basement or attic that has been neglected – get it into shape and create more rooms in your property for your guests.
Give the Interior a Facelift
Another thing you can do if you want to make your property more appealing is to give it an internal facelift. When people choose an Airbnb property, they pay careful attention to the photos, and if your home looks stylish and beautifully decorated, it will appeal to more people. This could mean you get more bookings, which will naturally increase your rental income from the property. Make sure you also address any areas of wear and tear as well as any repair work that needs to be done.
Create a Beautiful Garden/Outdoor Space
One thing that a lot of people love, especially in the warmer months, is a delightful outdoor area in which to relax. This is something that can sway the decisions of those looking for accommodation, so creating a lovely outdoor space could help you to increase your rental income and secure more bookings. If you have a garden that is not in the best shape, work on it or get professionals out and create an enchanting and stunning area for your renters to relax in.
Offer More Amenities
It is also well worth considering offering more amenities to guests if you want to increase rental income from your Airbnb property. For example, you could offer breakfast as part of the deal, and this is particularly beneficial if there are not many eating establishments close to where your property is located. You might want to offer things such as free Wi-Fi or smart TVs if you don’t already offer these, as this can also attract more people.
Consider Pet-Friendly Offerings
One of the other things that is well worth considering is offering a pet-friendly property. It is amazing just how many people want to travel with their pets these days, and if they cannot bring their beloved pet along, they will look elsewhere. By making your property pet-friendly, you will appeal to more people, you can secure bookings more easily, and you could charge more rent for the accommodation.
Make the Most of Your Property
By making your property more appealing and eye-catching, you can more easily make the most of your Airbnb. Not only will you be able to secure more bookings and appeal to a wider audience, but you can also make more rent from your property. This means that you can make your property into even more of a money-spinner. So, work out what sorts of improvements and changes could help you to boost the appeal of your Airbnb property and start taking steps to make the necessary changes.