Repairs vs Improvements Knowing the Difference Matters
Understanding How Each Drives Portfolio Value Matters to Your Bottom Line
Maintenance and repair costs for residential real estate portfolios can easily be 10-20% of operating expenses, or one to two percent of market value.
By effectively managing these costs, including the indirect costs of property management, you directly impact the bottom line.
Repairs vs Improvements: Key Considerations
Our white paper includes definitions, examples, and tradeoffs to consider when
choosing to perform repairs or improvements for your properties.
What are Repairs?
- Replacing broken exterior lights
- Replacing damaged cabinetry
- Replacing cracked kitchen or bathroom tiles
- Repairing a broken air conditioning unit
- Patching a leaky roof
What are Improvements?
- Replacing roofing
- Remodeling the kitchen and bathrooms
- Installing new flooring
- Adding an addition or an exterior building like a garage
- Installing central air conditioning or a new heating system
- This is my list
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Tech-powered repairs & maintenance, capital projects, and turns at scale
We are committed to optimizing every property by simplifying complexities and delivering value through property maintenance solutions.
280
K+
Properties
served
20
K+
Renovations & turns annually
60
+
Metro areas
served
30
K+
Vendors in
network
4.8
/5
Customer
satisfaction
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