27.5.2015 | 19:28
Furnishing and decorating a property can be a careful balancing act if you are a landlord. You want to ensure that the fixtures and fittings are durable enough to stand the rigors of daily life, yet you do not want to spend too much when there is a chance your tenants may cause damage. Flooring can be a particular challenge because it is one of the biggest financial outlays and also needs to be able to withstand some of the greatest wear and tears.
The Advantages Of Cheap Carpet For Rental Properties
According to Joshua Baxter from Evolved Luxury Floors, cheap carpet is one of the best options for rental properties. Even the most budget friendly versions should last many years before they need to be replaced. It is also very easy to install in comparison to alternatives such as hardwood floors since it merely needs to be unrolled and stapled into place in most cases. A professional can easily carpet an entire rental property in a matter of hours, which means that the outlay for labor is likely to be minimal.
Fitting carpet will also save you money if your tenant’s utility bills are included in the cost of renting the house. Carpet is an excellent insulator, which means that the property will retain heat much more easily, and the energy bills will be lower during the winter. Installing a good quality padding underneath cheap flooring is a great investment because it will boost the insulation properties even further. If you need further assistance, you may contact a local carpet expert for a step by step guide on how to manage your carpets well.
One final advantage of using carpets in your rental property is that they reduce noise. This is particularly important if the rental home is in a building with multiple residents, as noise complaints can cause a lot of bad feeling between neighbors. Purchasing cheap carpet for your property’s floors will lessen the risk of receiving noise complaints about your tenants, and your tenants are also less likely to complain to you about the noise they have to endure. Carpet muffles most sounds, from footsteps to voices.
There are very few cons associated with fitting carpets, but there are some things you will need to keep in mind. The main disadvantage of carpet is that it stains more easily than hardwood floors, and spillages are likely to occur occasionally however careful your tenants are. You may wish to factor the cost of cleaning the carpet every one to three years into your budget. Alternatively, if you chose cheap carpet, you may decide that it is easier and most cost effective to replace the flooring in the living area every few years.
Holes in the carpet and excessive wear may also mean that the carpet needs to be replaced. In some cases, you may be able to save money by having the carpet patched, particularly if the damage is very localized.
A well presented rental property will command a higher rent. Installing new carpets will help make the house or apartment look its best, and has the additional benefit of insulating against heat loss and excessive noise. These days, you can obtain high-quality carpets at very low prices.