In many ways, shopping for a rental home is similar to looking for a house to buy. After all, in both scenarios you’re looking for a place to relax, spend time with your loved ones and store your stuff. Whether you’re browsing the local market or working with a company that specializes in rental management in Colorado, watch for these signs that you’ve found the perfect place to rent.
For many people, the cost is the most important consideration when choosing a rental home. One recommendation is to spend no more than 30% of your gross income on housing. That means if you make $5000 before taxes each month, your rent should not be greater than $1,500. Staying within your budget gives you greater control over your finances. No property is worth giving up the chance to meet your financial goals.
Avoiding a long commute has several benefits. Not only does it save you time, but it also saves money and reduces stress. When you live close to where you work, you spend less money on transportation costs. You also don’t have to spend as much time dealing with traffic delays. This is also true of the places you shop and spend recreational time. When you live nearby, you’re never far away from the comfort of home.
Your home should suit your lifestyle. Think about what you like to do in your spare time. If you like to host dinner parties or entertain friends, look for a home with an open layout, backyard space or a community center. If you’ve had a knee replacement surgery that makes climbing up and down stairs a challenge, find a single story home on the first floor. If you like to have friends in the neighborhood, consider a condo or community with a full schedule of planned events.
Finding a home with all the amenities you want feels like winning a jackpot. Although it’s not always possible to get everything you want, you certainly should have a list of what the home absolutely must have and what you can live without. If there’s no way you can survive without a dishwasher or community swimming pool or patio, don’t sign a lease on a property that’s missing them. Your rental home should be a place where you feel comfortable and enjoy living there.
Sometimes you walk into a home and just know it was meant to be. When you find a place you love, you get to experience that feeling every day when you get home. Perhaps it’s the way the afternoon light filters through the living room window, the skylight over the bathtub or the built-in bookcases in the bedroom. It may not check off all of the items on your wish list, but if it feels right, it may be the perfect place for you to rent.
Working with a team that understands rental management in Colorado may be the quickest way to finding your perfect rental. Call today to learn more about our services and how Woodruff Property Management can help you.