Owning a rental property in Northern Michigan can be a rewarding investment, but keeping it competitive requires smart upgrades. Harsh winters, high guest turnover, and evolving traveler expectations mean that outdated or inefficient spaces can quickly lead to lost bookings and costly maintenance.
At Custom Built, we understand the unique challenges of maintaining and enhancing vacation rentals in this region. With decades of experience in high-quality remodeling, we help property owners make strategic improvements that increase rental appeal, reduce long-term costs, and create memorable guest experiences.
In this article, we’ll walk through the ten best remodeling projects to enhance your rental’s value, durability, and guest satisfaction. Whether you’re looking for quick updates or major renovations, these upgrades will ensure your property stands out in the Northern Michigan rental market:
- Energy-Efficient Upgrades
- Kitchen Remodels
- Bathroom Upgrades
- Outdoor Living Spaces
- Basement Finishing
- Mudroom & Storage Solutions
- Smart Home Features
- Durable Flooring
- Luxury Touches
- Exterior Enhancements
1. Energy-Efficient Upgrades
Keeping utility costs down while maintaining guest comfort is essential. Upgrading windows, adding attic insulation, and switching to energy-efficient heating options can significantly reduce energy waste. Smart thermostats allow remote temperature control, preventing unnecessary heating costs when guests leave.
Things to Consider:
- High-quality windows are a long-term investment but can dramatically reduce heat loss.
- Heat pumps may be more cost-effective than new windows.
- Solar panels can offset energy costs but require upfront investment.
Why it Matters:
You want your guests to feel warm and cared for—but that shouldn’t come at the expense of your profit. When you invest in energy efficiency, you're protecting your rental income and making sure every stay feels comfortable without surprises on your utility bill. Plus, it’s a simple way to show you care about both your guests and the environment.
2. Kitchen Remodels
A modern kitchen is a strong selling point for rental properties. Upgrading appliances, painting cabinets, replacing countertops, and improving lighting can refresh the space without requiring a full renovation.
Things to Consider:
- Upgrading appliances can modernize the space without a full remodel.
- Refacing cabinets or replacing doors can be a cost-effective alternative to full cabinet replacement.
- Installing durable materials, like quartz countertops, ensures longevity and style.
Why it Matters:
When guests walk into your kitchen and see sleek appliances, warm lighting, and inviting finishes, they feel like they’ve walked into a place they want to spend time in—not just sleep in. You’re giving them a space to cook, gather, and connect, which creates lasting memories—and often, repeat stays.
3. Bathroom Upgrades
Simple updates like replacing vanities, upgrading lighting, and installing new flooring can make a bathroom feel fresh and luxurious. Frameless glass doors and modern fixtures elevate the guest experience.
Things to Consider:
- Luxury features, like rainfall showerheads, can increase rental appeal.
- Vinyl plank flooring is a durable, waterproof option that works well in rentals.
- Updating fixtures is a quick and affordable way to modernize the space.
Why it Matters:
You know how relaxing it feels to walk into a hotel-style bathroom after a long day? That’s the feeling your guests will get with just a few thoughtful upgrades. It shows you care about their comfort, and it makes your rental stand out as a place that feels a little more special.
4. Outdoor Living Spaces
A well-maintained outdoor area enhances guest satisfaction. Consider adding patio furniture, updating landscaping, resurfacing decks, and improving exterior lighting for both safety and ambiance.
Things to Consider:
- Low-maintenance materials for decks and patios save on upkeep.
- Outdoor lighting improves security and curb appeal.
- Updating address numbers and adding a welcome sign can create a polished first impression.
Why it Matters:
Whether it’s roasting marshmallows around a fire pit or sipping coffee on a quiet morning, outdoor spaces help your guests slow down and enjoy the moment. You’re not just offering them a place to stay—you’re offering them an experience they’ll want to tell friends about.
5. Basement Finishing
Finishing an unfinished basement can add valuable living space. Options include painting ceilings for an industrial look, installing wood paneling, or laying luxury vinyl plank (LVP) flooring. Additional bedrooms can boost rental income, but they must meet egress requirements.
Things to Consider:
- Check local codes for egress window requirements in new bedrooms.
- Open ceilings painted dark can be a cost-effective alternative to drywall.
- Durable, moisture-resistant flooring like LVP is ideal for basements.
Why it Matters:
Your unfinished basement could become the favorite part of your rental. Maybe it’s a game room for the kids, a cozy movie space, or a bonus sleeping area for a larger group. It gives you flexibility—and your guests more room to breathe and enjoy their stay.
6. Mudroom & Storage Solutions
A functional mudroom is essential in Northern Michigan’s wet and snowy climate. Built-in benches, lockers, and storage cabinets keep gear organized, while an integrated sink or dog-washing station adds convenience.
Things to Consider:
- Closed storage keeps the space tidy and organized.
- A floor drain can improve usability and make cleaning easier.
- Durable flooring is key for withstanding wet and muddy conditions.
Why it Matters:
You’ve probably come in from a snowy day and wished you had a spot to stash wet boots and coats. Your guests feel the same. A clean, organized mudroom makes their stay easier, and it keeps your home looking great, no matter the weather.
7. Smart Home Features
Smart technology improves energy efficiency and convenience. Keyless entry, smart thermostats, and security cameras provide peace of mind for both owners and guests.
Things to Consider:
- Ensure Wi-Fi connectivity is strong enough to support smart devices.
- Smart locks make guest check-in seamless, but they should also have backup access options.
- Remote thermostat control prevents excessive heating or cooling costs.
Why it Matters:
You don’t have time to worry about thermostat settings or late-night check-ins—and neither do your guests. Smart features make everything feel effortless. You stay in control from afar, and they get a seamless, secure, and comfortable experience.
8. Durable Flooring
High-traffic rental properties benefit from durable flooring like luxury vinyl plank, tile, or even polished concrete. These materials withstand moisture, wear, and frequent cleaning.
Things to Consider:
- Tile and LVP offer excellent water resistance.
- Polished concrete is durable but may feel less comfortable underfoot.
- Choose materials that balance durability with aesthetic appeal.
Why it Matters:
Let’s face it: vacation rentals take a beating. You shouldn’t have to worry every time someone tracks in sand or spills a drink. Durable flooring lets you relax, knowing your space will still look great after every check-out.
9. Luxury Touches
Adding high-end finishes can set your rental apart. Spa-like bathrooms with rainfall showerheads, radiant floor heating, and custom trim details elevate the experience for guests.
Things to Consider:
- Heated floors are a sought-after feature in cold climates.
- Premium fixtures and cabinetry make a noticeable difference in quality.
- Luxury upgrades can increase rental rates and occupancy.
Why it Matters:
When guests notice thoughtful touches—like a rainfall shower or heated floors—they feel pampered. Those moments of surprise and delight create the kind of experience that earns five-star reviews and keeps your calendar full.
10. Exterior Enhancements
A fresh coat of paint, updated siding, and improved landscaping enhance curb appeal and attract more bookings. Small details like new exterior lighting and modern house numbers can make a big difference.
Things to Consider:
- Opt for weather-resistant materials to reduce maintenance.
- A well-maintained exterior creates a welcoming first impression.
- Lighting upgrades improve security and safety for guests.
Why it Matters:
You never get a second chance at a first impression. A tidy, welcoming exterior tells your guests that you care about the details. And when they arrive with a smile, their whole stay starts off on the right foot.
When to Complete a Full Remodel vs. Minor Upgrade for Your Rental Property
Determining whether to invest in a full remodel or a minor upgrade depends on your property’s condition, budget, and rental goals.
Full Remodel
Consider a full renovation if the property has outdated systems, significant wear and tear, or lacks competitive appeal. A full remodel can help increase rental rates and attract more guests, but it requires a larger investment and longer downtime.
Minor Upgrades
If your rental is in good condition but could use a refresh, small updates like new paint, updated fixtures, or minor kitchen and bathroom improvements can keep costs low while still enhancing guest appeal. Minor upgrades can often be completed quickly, minimizing lost rental income.
Things to Consider:
- Evaluate your budget and expected return on investment before committing to a full remodel.
- Consider the downtime required—full remodels take longer and may impact rental availability.
- Focus on upgrades that will have the biggest impact on guest experience and property value.
Next Steps to Remodeling Your Northern Michigan Rental Property
Updating your Northern Michigan rental boosts its value, attracts guests, and reduces upkeep. Strategic upgrades—like energy-efficient features, modern kitchens, and luxury touches—enhance appeal and durability.
At Custom Built, we specialize in smart, high-quality renovations tailored to rental properties. Contact us today to make the most of your investment.
Now that you know more about the best remodeling projects for Northern Michigan rental properties, let’s explore why you should build a composite deck for your lakefront property and how much your structure and outdoor living space will cost:
- 10 Reasons to Build a Composite Deck for Your Lake Home - Discover why a composite deck will elevate your lakeside oasis.
- How Much Does a Composite Deck Cost in Boyne City, Michigan? - Explore how much composite decks cost in Boyne City and the factors that affect it.
- How Much Does an Outdoor Living Space Cost in Northern Michigan? - Ready to make new memories in your outdoor living space? Learn more about how much it’ll cost to revitalize your sanctuary.
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