Are you looking for ways to boost your rentals’ ROI? This article explores how tile flooring might be the perfect solution. Generally, renovations are an excellent way to improve your house equity and draw more tenants. However, they can also be tricky. You could opt for an expensive change with little value without adequate knowledge. If you’re wondering what upgrades will give you the most return on your money, we suggest you plan these renovations with your property manager. Adding tiles to your home can enhance its aesthetic appeal and potentially increase your home’s value.
Now, let’s dive into the big question this post hopes to answer. Can adding tile increase your home’s value?
Benefits of Tiles vs. Other Materials
Highly Durable
One of the most significant benefits of tile is it’s highly durable. Well-kept tiles can last several decades as they are scratch, fire, and water-resistant. They offer investors good value, considering their average price, especially in high traffic areas.
Low Maintenance
Although landlords are responsible for maintenance, there’s a limit to how much you can do daily. However, even the busiest tenant can afford to run a mop over it once a week with tile. Then between renters or during spring, you can perform a deep-clean to restore their luster.
Eco-friendly
If you’re environmentally conscious, adding tile would undoubtedly be an excellent option for you. Their manufacturing often involves using recycled raw materials such as sand, clay, and glass. Besides reusing products, they can also reduce your cooling bill. Tiles are cold to touch compared to other materials and thus appropriate for warmer months.
Multiple Options
Finally, tiles come in multiple selections. Depending on your taste and needs, you can have your pick of several colors and design options. Additionally, you can mix different patterns for a more unique and appealing finish.
Areas That Tiles Can be Added
Flooring
Tile can be a stunning addition to any room. Since they come in a wide variety, you can easily find one that suits the tone and demands of the area in question. For example, matte tiles are an excellent option for bathrooms because they’re non-slippery. On the other hand, porcelain tiles are popular in luxury apartments and hotels because of their beauty and elegance.
Backsplash
The kitchen is a high moisture-laden area that requires water-resistant tiles. Besides the flooring, it’s an excellent idea to have one behind your sink. It prevents spills from getting on the wall and staining the paint.
Countertops
Speaking of kitchens, your island countertops could also benefit from the pop of cool gloss tiles. It can be complimentary while adding a bit more charm to the area.
Bar
A bar is another suitable space for tiles. A small array of tile can add more warmth or relaxation to the area, depending on the color. Like the kitchen backsplash, it also helps with spills that might be frequent after a drink or two.
Bathrooms
Since tiles are low-maintenance, placing them on shower floors or walls where people scrub off dirt is a good fit, The proper selection can even make the space look cleaner and more spacious.
Tips for Choosing the Right Tile
Room
When picking the ideal tile, one of the first things to consider is the room. Larger tile make the space look more spacious and airy. Thus, they are best suited for the living room, entryway, and bedrooms. On the other hand, smaller tiles look likable in the kitchen or bathroom.
Type
During your selection, you should also consider the tile type. Different finishes are best suited for their unique purpose. For instance, gloss and porcelain tiles are pretty glamorous and more appealing in the living room. However, they’re more slippery than matte tile, making them less suited for water-prone areas like kitchens and bathrooms.
Color
As we highlighted earlier, tiles come in various colors and designs. Thus, it would help if you always strived to pick one that pairs well with your rental. A furnished apartment should tie in nicely with the decor if you have a furnished apartment. For unfurnished apartment landlords, it’s always best to stick with neutral colors.
Grout
Grout refers to the sealing between tile and is an aspect people often overlook. However, if you’re not attentive, you could choose one that emphasizes the lines between each tile. For the best result, ask your contractor for a complementary color.
Conclusion
This article sought to answer the question: can adding tiles increase your home’s value? In short, yes, it can. Tiles are an excellent option for your rental property because they are highly durable, eco-friendly, and low maintenance. More so, they come in multiple appealing color and design options.
Besides flooring, they’re an excellent fit for other house areas. For example, it works well in the shower, as a kitchen backsplash, and around your bar. As long as you prioritize the room, type, color, and grout of your tile, you should enjoy it for years to come.