When designing or upgrading an investment property, functionality should be at the forefront. Small adjustments to the layout can significantly impact desirability. Parking, for instance, is a key factor – tenants will always prefer a property where they can park directly outside rather than having to walk to a shared carpark.

For multi-storey homes, convenience is key. A powder room on the main living level eliminates the inconvenience of guests having to travel upstairs, making the home more user-friendly and appealing. These thoughtful additions can set a property apart and improve rental demand.

Creating a cohesive look

Subdivision developments benefit from uniformity. A common mistake developers make is leaving the finishing touches, such as fences, gates, and decking, to the buyers. This often results in an inconsistent and unpolished look that ultimately affects the overall value of the development. By ensuring a cohesive approach – such as painting or staining all exterior features in a uniform colour – investors can create a high-quality, attractive aesthetic that enhances property value. Likewise neutral interiors always work best and create a polished overall look.

Stand out

In a crowded market, the properties that offer more than the bare minimum attract the best tenants and command higher rental yields. Heating and cooling are non-negotiables in New Zealand, but investors can go a step further. Installing a heat pump on both floors, rather than just one, ensures year-round comfort, making the home more appealing to tenants.

Timeless design

Investors should prioritise classic design over short-lived trends. While trendy features might seem appealing now, they can quickly date a property and limit its future marketability. A timeless, neutral aesthetic will always appeal to a broader range of buyers and tenants, ensuring long-term value. This also helps when you are looking to sell too.

Understand your target market

Whether designing for investors or owner-occupiers, understanding the target market is crucial. Features such as a conventional freestanding oven versus a built-in option can make a difference depending on the type of tenant or buyer the property is aimed at. Knowing what appeals to each segment and the different replacement costs allows investors to make smarter decisions that align with market demand and your budget.

Safety and privacy

Security and privacy are highly valued by tenants and buyers alike. Fully gated yards, secured from driveways, provide a safe space for children and pets. Security stays on upper-floor windows add an extra layer of protection, making the property more appealing to safety-conscious renters and purchasers with children.

Privacy is also a luxury that enhances a property’s appeal. Thoughtful, minimal maintenance landscaping and well-positioned fencing can create private outdoor spaces that add significant value, both in terms of tenant satisfaction and resale potential.

Consult a property valuer for maximum return on investment

Investing in property is about more than just purchasing the right location – it’s about maximising every aspect of the investment both short and long term. Working with a registered property valuer can help investors identify the best ways to increase value, whether for short-term rental returns or long-term capital growth.

By making strategic upgrades, focusing on functionality, and understanding market expectations, investors can ensure their properties stand out, attract quality tenants, and generate strong returns for years to come.

For more of Eve’s expert tips you can follow her on Instagram @eveprousepropertyvaluations or her website eveprouse.co.nz