Furnished vs. Unfurnished: How It Affects Pricing

The choice between furnishing your property or leaving it unfurnished can significantly impact the rental price. Furnished properties often command higher rents but also require an initial investment in furniture and ongoing maintenance costs. Unfurnished properties may attract long-term tenants who prefer to bring their own furniture, potentially reducing turnover. Your decision should be based on your target tenant demographic and local market conditions. Offering both options, if feasible, can broaden your potential tenant pool.