As summer heat increases, so can your home energy bills. For that reason, as a rental property owner or landlord, making your rental property more energy efficient is a beneficial financial move. Not only do energy-efficient upgrades help increase property values, but they also help you attract and keep quality residents.
Blocking off drafts and incorporating smart tech upgrades are merely a few minor actions that can result in considerable advancements. Let’s look into some budget-friendly ways to boost energy efficiency in your rental property and maintain a pleasant, cool atmosphere this summer.
Seal in the Cool: Weatherstripping for Rentals
Have you noticed that a significant portion of the cool air released by your rental’s air conditioning unit could be escaping through tiny gaps around doors and windows? Leaky windows and doors are the main villains of inefficiency.
Providentially, tackling the problem is not complicated. In fact, installing or replacing weatherstripping is one of the fastest approaches to securing both comfort and savings. To determine what your property needs, walk through and check for drafts or worn-out seals.
Applying weatherstripping on doors and windows helps keep the hot air out and the cool air in. It’s an affordable solution that can make your rental property more comfortable.
Upgrade to Energy Efficient Windows
If you have a somewhat larger budget, discover the benefits of replacing old windows with modern, energy-efficient options. Outdated, drafty windows are a leading reason behind homes’ waste of energy in the summer months.
Does your rental still feature single-pane or outdated windows? It could be the ideal time for a transformation. Upgrading to energy-efficient windows for your rentals can not only lower cooling costs but also increase property values.
While a full replacement may not fit your budget right now, you can still boost efficiency with thermal window film or blinds that block out the sun’s intense rays. Your residents are going to appreciate the improved coziness and lower bills.
Inspect Insulation and Attic Ventilation
A well-insulated home is crucial, not only during the frigid winter months. It’s equally imperative to keep a comfortable indoor temperature all summer. Proper insulation keeps the cool air in and the hot air out, giving rise to summer utility savings you’ll love.
Evaluate the insulation quality in your rental property by checking the attic, walls, and crawl spaces for any unprotected or deteriorated areas. During your inspection, keep in mind to pay attention to the attic ventilation. Proper attic airflow helps prevent heat buildup, allowing your air conditioning system to function efficiently.
Smart Thermostats Make a Difference
Smart thermostats have become the best pick for rental homes nowadays, transforming energy efficiency in extraordinary ways. Smart thermostats and similar devices empower renters to set programmable heating and cooling schedules, ensuring the air conditioner isn’t functioning at full blast when the house is empty.
Several smart thermostats also have mobile apps, allowing for convenient changes while you’re on the move. Investing in a smart thermostat can generate significant energy savings, while also delivering a modern amenity that renters appreciate.
Encourage Good Habits for Tenants
Finally, renters can now choose multiple techniques to enhance the energy efficiency of their rental home. Provide your tenants with simple tips to save energy.
Consider closing blinds and curtains during the hottest parts of the day, using ceiling fans to circulate cool air, and constantly changing air filters to maintain optimal system efficiency. Equipping your residents with a thorough energy-saving checklisthelps everyone work together to keep utility costs down.
Ready for Lower Bills and Happy Tenants?
Improving the energy efficiency of your rental property can be simple and budget-friendly. With smart upgrades like weatherstripping, energy-efficient windows, and some proactive assessments, you can build value, attract and retain quality renters, and ensure current tenants remain pleased.
For professional advice and streamlined property management in Stevensville, get in touch with your local experts at Real Property Management Instant Equity (SW Michigan) today. We’re dedicated to helping you maximize every season! Contact us online or call 269-210-3771.
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