4 Tips to Maximize your Whistler Rental Property Income Year Round
/Whistler is full of short-term rental properties, which can be hard to come by in the busy winter months. However, availability varies during the rest of the year, providing guests the choice to select a modern unit over one which has yet to be updated.
Consider these quick and easy tips to ensure your Whistler rental property is in high demand all year, and most importantly maximize your return on investment.
1. New Sofa
Most often your property listing will feature a photo of the living room, so consider focusing your efforts in this area where most time is spent. The quickest way to update the living room is with a new sofa and a modern area rug.
Sofas
I wouldn’t recommend purchasing Ikea sofas. They’re affordable and look great in catalogs, but don’t hold up over time, especially for rentals. Try these options instead;
The Brick Shay Chenille Sofa currently on sale for $400
Sofa So Good Mateo Queen Sofa Bed starting at $1799 with custom upholstery available
Now that your sofa is up-to-date, hit up Ikea for a modern area rug and a large decorative mirror.
2. Update Light Fixtures
Make sure your property stands out by adding a feature pendant above the dining room table or kitchen island. The options below can be sourced in Vancouver from Symmetry Lighting;
Decimal .004 Lamp designed by Jorge Diego Etienne 3D printed in custom colours for $390
Select a floor lamp to accessorize your living room while creating ambiance in the space. Check out the Secto 4120 with slated wood shade (contact for pricing).
3. Create an Accent Wall
Typical townhomes and condos in Whistler have an angled wall with fireplace in the main living area. Take advantage of this vertical area by creating a feature wall with wallpaper as a backdrop for a one-of-a-kind metal artwork installation by Whistler local Joe Sauve.
4. Revamp your Existing Furnishings
A coat of paint can go a long way! Now that the living room is taken care of, it’s time to modernize the private spaces. Consider painting your traditional wood bed frames a bright solid colour, with side tables to match. Source some fabulous new linens, and replace the pulls on your dressers.
Try these simple tips to bring your Whistler rental property to the next level, and increase your revenues year round.