Renovation and decoration of rental property can help attract tenants and get higher rents. However, rental property owners usually find it hard to decide whether it would be worth spending a considerable amount on property that is going to be inhabited by tenants, who might not even take good care of it. Another major apprehension is whether the capital outlay on renovation will pay itself off or not.

Rental property owners abstain from making huge investments on energy efficiency, because they feel it is not worth it as they are not going to live in that house. Even the tenants do not want to spend much time and effort on making the house energy efficient, because they are not going to live their forever.

Whether you want to sell your house, or demand a higher rent for it, you will have to undertake some value-enhancing remodelling or renovation. There are many things that you can do to increase the value of the property, but some remodelling projects will cost higher, and may not add much value. However, there are some others that do not pinch your pocket much, but add a lot of value. So, here is a list of some high-return remodelling/renovation ideas that can help enhance the value of your property.