Rental Renovation Reality: What Tenants Truly Value for Higher Rent

Business
M
Moneycontrol•16-01-2026, 14:32
Rental Renovation Reality: What Tenants Truly Value for Higher Rent
- •Landlords often miscalculate renovation ROI, focusing on aesthetics over tenant needs.
- •Upgrades that improve daily convenience, comfort, or solve pain points justify higher rent more than purely aesthetic changes.
- •Functional kitchens and bathrooms with reliable appliances and good ventilation, along with AC and power backup, significantly attract tenants and support higher rent.
- •High-end finishes, structural changes, and smart home features rarely yield proportional rent increases.
- •Local market competition and comparable homes set a ceiling on rent, regardless of renovation extent.
Why It Matters: Focus on functional upgrades that solve tenant problems and improve daily life for better rental ROI.
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