Can a turn around maintenence on a house increase it's rental value by 100%?

[Trush Jodie]

Supposing a house is renovated and turn around maintenence done. Would it be right to increase the rents of the current tenants there by 100%? What kind of turn around maintenence can be done to completely increase the rental price of a house drastically?

 

[Augusta]

A well-maintained property with attractive features like a renovated kitchen or bathroom, updated appliances, or a well-kept yard can attract more prospective tenants and justify higher rental prices.

 

[Kera]

There are some maintenance that you can do and the value of a house shoots up immediately. Yes, it does.

 

[Springtime]

Yes, if you are doing a total renovation of your property, making it a well-designed place with updated appliances, the rental value will surely appreciate.

 

[Augusta]

When a property is in good condition and offers desirable features, landlords can potentially charge higher rent.
Tenants are often willing to pay

 

[eLdavis]

Yes some maintenance can definitely increase the price of the house rentage, especially if new features are added.

 

[Suba]

In theory, you could increase the rent by 100% after a home renovation, but this depends on the property's value, market demand, and the mutual agreement of both the tenant and you as the landlord. As far as I know, there's no limit to the percentage increase.

 

[Min George]

In theory, you could increase the rent by 100% after a home renovation, but this depends on the property's value, market demand, and the mutual agreement of both the tenant and you as the landlord. As far as I know, there's no limit to the percentage increase.

Also, location plays a part in the percentage increase. One caj even get a more than 100% after renovating in some locations.

 

[Suba]

Also, location plays a part in the percentage increase. One caj even get a more than 100% after renovating in some locations.

You are right, location is also a factor that can determine rental prices, locations that are difficult to reach will make it difficult to get potential property tenants,

 

[Nomad]

I am not sure about 100 percent increment in rental value but maintenance can certainly help you get better rental income

 

[King Belieal]

It depends on the level of maintenance that you do in the house. That would determine how much you would increase the rental price.

 

[Trush Jodie]

I think realistically speaking, the value of a rental property after renovation can go up with a 40% increase. A 100% increase might sound exploitative.

 

[Augusta]

Maintenance alone is unlikely to increase rental value by 100%, it significantly impacts rental income and can indirectly increase the overall property value. Proper maintenance keeps the property in good condition