carpet vs. hardwood

Carpet vs. Hardwood Flooring in Rental Units

Property owners are responsible for deciding how they want their rental units to look. Some opt for standard appliances and fixtures to save costs. This also allows renters to enjoy more affordable rent. Some decide to focus on enticing amenities that wow potential tenants. How can you know what’s right for you?

Carpet vs. hardwood flooring lies at the center of this question. Carpet may be a bit outdated, but it’s certainly more affordable. Hardwood flooring, on the other hand, has become something of the norm due to its aesthetic appeal. What type of flooring would work best for your rental property? We’ll explore the pros and cons of each to help you decide.

Carpet vs. Hardwood Flooring in Rental Units

What are the Pros and Cons of Carpet?

Carpet has fallen out of popularity, but it still offers several advantages such as:

  • There’s nothing like cozying up on a soft carpet floor. With hardwood flooring, rugs are often necessary for added comfort and warmth. Carpet is comfortable all on its own, and it makes a space feel homey.
  • Less noise. You won’t hear the echoing of loud noises with carpet. This type of flooring absorbs sound, making for a quieter home. This is especially beneficial for apartment complexes multiple tenants share.
  • Added safety. If you take a tumble, carpet will cushion the fall. It’s much less dangerous compared to other types of flooring, which makes it ideal for children and the elderly.
  • Decreased cost. Carpet can be installed over subfloors, and it doesn’t require additional prep during the installation process. Since it’s also not as trendy as it once was, buyers can enjoy spending less on flooring.

At the same time, there are a few negatives to be aware of:

  • Prone to stains. Spills and messes require a bit more clean-up compared to hardwood floors. Property owners may have to hire a professional carpet cleaning service before new tenants move into the unit.
  • Allergens. Carpet floors tend to collect dust, pollen, pet dander and other allergens. This can be a major disadvantage for individuals with asthma or allergies. Carpet is also known for absorbing smells like cigarette smoke, which can be a problem for property owners.
  • Old-fashioned. Today, carpet isn’t exactly considered a modern choice. In some spaces it can look outdated and cheap. However, it’s worth noting that trends change all the time. The 70s revival is in full swing, so shag carpet may become attractive to renters and homeowners in 2023.

What are the Pros and Cons of Hardwood?

Carpet vs. hardwood flooring is a tricky decision, but hardwood is more popular for a reason. Here’s why:

  • A clean, updated look. You can’t beat the look of hardwood. Its simple, classic, and beautiful appearance will continue to appeal to tenants.
  • Easy to maintain. Hardwood requires minimal maintenance. Upkeep is necessary, but the cleaning process is much easier compared to carpet.
  • Many different options. Hardwood offers a range of options from a rustic, old-world hickory to a glossy teak. You can totally customize the look of your hardwood flooring depending on what style you’re going for.
  • Good investment. Renters and homeowners prefer hardwood, which makes it a good investment down the line.

The cons of hardwood flooring include:

  • Higher cost. Hardwood has a higher aesthetic appeal and a more complex installation process, so it tends to cost more. Property owners have to decide if its benefits outweigh the costs.
  • Noisy and less safe. Renters will hear every footfall and loud noise on hardwood floors, and they creak more and more as time passes. The hard surface of hardwood also makes injuries much more likely if someone in your family falls on the floor.
  • Damage over time. Hardwood floors are prone to scratching, bumps, water damage and even termites. These are things every property owner should consider before making a purchase.

What’s More Important: Cost-Effectiveness or Aesthetic Appeal?

Carpet vs. hardwood flooring? The decision isn’t an easy one, but ultimately it depends on your renters. Knowing your audience is key. What are they looking for? Are cost savings more important to them, or does aesthetic appeal reign? There is no doubt every property owner has their own preferences, but they should think about their tenants first. Choosing carpet vs. hardwood flooring can make or break someone’s decision to make your property their home.

Partner with All County Denver Metro, Your Go-To Property Management Company

All County Denver Metro Property Management is here to give property owners confidence in the quality of their tenants and the security of their property through knowledgeable and trustworthy property management services. From managing tenant relationships to pricing rent to lease enforcement, we look forward to working with you to see how your investment can be a long-term, stress-free asset. For a complimentary quote or information about carpet vs. hardwood flooring, call us today at (720) 575-6100.

marketing your rental property

What to Know About Marketing Your Rental Property

When you are marketing your rental property, you want to put your best foot forward. There’s a lot of competition out there, and renters can browse through hundreds of properties at a time. You will lose potential buyers if your property doesn’t stand out.

Unfortunately, some landlords put marketing on the backburner. They view it as necessary evil, but fail to recognize it as a valuable tool. For that reason, very few are informed when it comes to marketing strategies. Here’s what you should know about marketing your rental property.

What to Know About Marketing Your Rental Property

Social Media is a Game Changer

Social media platforms have become second nature to us, but many property owners still aren’t utilizing them properly. Facebook, Instagram, YouTube and other apps can help you reach new audiences and experiment with marketing tactics. For example, why not upload an in-depth virtual tour or host a Q&A on YouTube? On Instagram, you can post charming photos and engage viewers using video stories. You can also post on Facebook Marketplace to advertise your listings. Traditional websites like Trulia are always helpful, but social media can take your marketing to the next level.

The Most Surprising Marketing Tip

It’s true that writing up a solid property listing and taking professional photos are important. However, you probably know that already. This tip for marketing your rental property might surprise you: give your tenants a positive experience. Satisfied tenants write positive reviews and are eager to recommend your property to others.

How do you keep tenants happy? It’s fairly simple. Communicate with them, respond to maintenance requests quickly, and be kind. There’s a reason that high-demand properties do so well; they practically market themselves. That doesn’t mean you shouldn’t utilize all the tools you have available, of course, but good business practices go a long way.

Sometimes, It’s Better to Rely on Experts

If you’re too busy or marketing isn’t your forte, you should still take steps to cover your bases. In many cases, property owners benefit from collaborative efforts. This means hiring a knowledgeable property management company to help you. With extra assistance, you’ll have access to expert marketing strategies geared towards attracting tenants. At All County Denver Metro, we’ll list your property and post it to a wide range of sites like Zillow, Trulia and Hotpads.

Our comprehensive evaluation process also ensures you’re getting the highest amount possible for your property. Marketing your rental property doesn’t have to be a challenge. With a little help from your friends at All County Denver Metro, you can grow your business with ease!

Partner with All County Denver Metro, Your Go-To Property Management Company

All County Denver Metro Property Management is here to give property owners confidence in the quality of their tenants and the security of their property through knowledgeable and trustworthy property management services. From managing tenant relationships to pricing rent to lease enforcement, we look forward to working with you to see how your investment can be a long-term, stress-free asset. For a complimentary quote or information about marketing your rental property, call us today at (720) 575-6100.