4 remodeling projects to get your home ready for Air BnB

Ginger Dean

March 17, 2016

By: Ginger Dean, Home Finance Specialist

In: Bathroom RemodelingFlooringKitchen Remodel

If you're traveling and don't want your space to go to waste (and would enjoy some extra cash), renting out your home on Air BnB is a great option. However in order to get top dollar for your space it will need to be in pristine condition, and that might mean gearing home renovations toward a renter's eye.

Upgrade your floors

Floors are a big part of the first impression someone has when they come into your home. It's also one consistent feature of the space in each and every room. Older and discolored flooring date your home, and that's not a good look. If you want to upgrade your flooring to appeal to wide range of people, think hardwood over laminate.

The view sells

They say that pictures are worth a thousand words, and when renting your home they can also be the difference between hundreds and thousands of dollars.

If you want to rent out your home on Air BnB, showcase the view, patios, and decks also help get top dollar. Upgrade window fixtures to let the sun shine in -- and the renters look out. If you have trees or other plants blocking views, then update your landscaping to keep everything neat and trim.

Make sure the bathroom is updated

Low pressure showerheads, leaky faucets, and cracked tiles are all turn offs for potential renters. Add a fresh coat of paint and make sure everything else in the bathroom is in working order. If the upgrades and renovations seem pricey, just remind yourself that paying for flood damage from an old, worn out pipe will cost a lot more.

Emphasize the kitchen

Just as a kitchen is a big selling feature for homebuyers, it's also one of the features that Air BnB renters gravitate towards. Since they are renting a home instead of staying in a hotel, they can save money by cooking their own meals. A tidy, clean, and up-to-date kitchen makes potential renters want to be there.

There is potential to earn money by renting your space on Air BnB. You just may need to spend a little money on home upgrades in order to make money in the long-run.

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