Property Setup - Shared Space Furniture

Alcove's requires only the dining and living room to be furnished

What furniture is required to set up my home for Alcove?

Alcove only requires that owners and managers provide shared space furniture. Bedrooms are not required to be furnished. Here’s an overview of the setup: 

Required Setup Responsibility

Common Space Furniture

Landlord

Bedroom Furniture

Not Required

Utilities, Wifi 

(See more here)

Landlord

New Property Setup - Electronic locks, lockbox, room numbering stickers

(See more here)

Alcove

Setup timeline and required actions:

Once the initial lease is approved and countersigned, the move-in date will be finalized. After that, this is the following recommended timeline:

Furnishing Timeline

Action Required

10+ days from first tenant move in

1. Add to cart and order all required furniture from the table below

Once all furniture arrives

2. Set up all furniture, or
3. Order a shift from an Alcove vendor to have it set up (all items should be delivered before the shift date)

3-5 days from first tenant move in

4. Set up utilities and wifi

What is the total cost to furnish?

Furnishing an Alcove property is low cost when done efficiently, typically paid back within the 1st month of rent. We’ve compiled a list of cost-effective items that minimize expenses during the conversion process. This list includes cost ranges for both the required items and optional recommendations:

For a two bedroom home, landlords may choose to list and rent their property without any shared space furniture. Tenants will be responsible for all shared space furnishing. 

Bedrooms

Required Items

Recommended Items

Total (For the entire home)

2

$0 (furnishing not required)

$0

$0

3

$400-$600

$0-$500

$400-$1,100

4

$500-$800

$0-$500

$500-$1,300

5+

$550-$900

$0-$500

$550-$1,400

Required Items

Furniture requirements differ depending on the number of bedrooms in your property.

# of Bedrooms

Required Furniture

Link to Purchase

Cost Range

Any

Outdoor trash can (often provided by local sanitation and waste services) 

   

3+

Dining table set that seats 4+

Home Depot Set

Walmart Set

Wayfair Set

$150-$200

Sofa that seats 3+

Home Depot Sofa

Walmart Sofa

Wayfair Sofa

$200-$300

Coffee table

Home Depot Table

Walmart Table

Wayfair Table

$30-$100

4+

Accent chair

Home Depot Chair

Walmart Chair

Wayfair Chair

$100-$130

End table

Home Depot Table

Walmart Table

Wayfair Table

$15-$50

5+

Dining table set that seats 6+

Home Depot Set

Walmart Set

Wayfair Set

$200-$450

2nd accent chair

Home Depot Chair

Walmart Chair

Wayfair Chair

$30-$100

Recommended Items

Additional non-required items that can improve both lease up time and tenant retention in your home. 

Item

Link

Cost

Recycling Bin (often provided by local sanitation and waste company)

   

Kitchen Trash Can

Walmart Trash Can

$20

Plungers

Walmart Plunger

$5 / bathroom

Bucket and Mop

Walmart Mop

$25

Broom and Dustpan

Walmart Broom

$10

Vacuum 

Walmart Vacuum

$50

Shower Rods and Curtains

Walmart Shower Rod

Walmart Shower Curtain

$10 / rod

$15 / curtain

Door Mat

Walmart Door Mat

$10

Bar Stools (if kitchen design includes a breakfast counter)

Walmart Bar Stools

$80

Rug

Walmart Rug

$75

TV Stand

Walmart TV Stand

$70

TV

Walmart TV

$200

Example Alcove Furnishings

 

Bedroom Furniture

We strongly recommend that bedrooms are kept unfurnished. Alcove is a long term leasing platform. We cater to housemates who typically stay for 12-15 months and bring their own bedroom furniture items. 

By providing bedroom furniture items, the landlord accepts responsibility to maintain the bedroom furniture provided. When the tenants move out, landlords may need to clean, repair, or replace damaged furniture before the next tenant moves in. By keeping bedrooms unfurnished, landlords can avoid these additional tasks and costs, making the turnover process quicker and more efficient.

Alcove Furnishing

An additional option offered for $1,900 is for Alcove to handle all ordering, shipping, and setup of the furniture. This includes only the required items for your home and no additional recommended items. The $1,900 payment will be deducted from the first rent payments until payment is collected in full. No immediate out of pocket costs are required for the landlord.