Decorative tile isn't just a source of beauty and inspiration, it can also be a great investment into the value of your rental property. With today's housing market, buyers and renters are looking beyond a fresh coat of paint. They’re looking for quality in addition to appearance.
Potential tenants are looking for a space with an upgraded look, a poorly maintained property could decrease the value of your rental.
Something as simple as replacing the kitchen floor tile can breathe new life into your rental and provide a large return on investment. Many owners can see up to an 80% ROI. Following these tips can help you get the best value back on your investment.
Potential tenants are turned off by patchy, irregular flooring. When flooring is consistent, it provides a better flow and creates an open feeling.
Consider Where You Are
Bryant Courtyard, design by Yardzen
The local climate of your property is another factor to consider. In warmer climates, a tile floor is optimal because it stays cool in the summer. A person’s body temperature is based on the temperature of their feet and head.
Cater To A Wide Audience
Neutral colors appeal to a wider audience. Photography by Kasey Hickey
When remodeling a rental it’s important to keep a wide audience in mind. The best way to do that is to pick neutral, clean colors that appeal to most people. This will net the best chance of getting a good return on your investment from your tile floors.
Consider The Space
If you’re getting tile for a patio or an entryway, remember these areas can have very heavy foot traffic. You will want to consider picking a durable, easy to maintain tile floor for these areas.
Kitchen and bathrooms typically require more water-resistant backsplashes and floors. These areas don't get nearly as much foot traffic as patios or entryways. However, these are areas you usually want sparkling clean.
Get Your New Tile Now
So does tile increase rental value? It sure does!
Following these tips will set you up for success when picking tile for your rental property. If you like any of the tile works featured in this article, each image can take you the product. Or you can always check all our collections here.