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Updated over 5 years ago on . Most recent reply

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45
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Adam Ferro
  • Denver, CO
13
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45
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Best ROI on upgrades for SFR?

Adam Ferro
  • Denver, CO
Posted

Hello everyone! My brother and I bought a SFR recently and were curious what you have found is the best ROI for upgrades in the Denver area?

Most Popular Reply

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136
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65
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Theresa W.
  • Rental Property Investor
  • Golden, CO
65
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136
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Theresa W.
  • Rental Property Investor
  • Golden, CO
Replied

I've found durable flooring to be one of my best expenditures, but what type depends on the house.  If there's original wood plank flooring underneath a carpet that's trashed, then a light refinishing can be affordable, even if it's got some blemishes which just contribute to its "character".  Otherwise I like luxury vinyl plank in kitchens and baths which is a fast upgrade, easy install and most of the time, simple to fix if necessary.  I know some folks like carpet, but solid floors are simply easier to clean and present well to new tenants. 

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