Are you currently thinking on how
to improve your home value? Do you know where to start as well as know the
factors that affect and determine property value with better & longer
appreciation? Guess what, thereâ€™s one big solution that is certainly cheap and
worth doing: regular maintenance.
When you talk about â€œregularâ€
home maintenance, it does not mean weekly household chores, but rather a
quarterly or yearly redo. We are all familiar with the saying. â€œAn ounce of prevention is worth than a pound
of cure.â€ This simply means that regular redo and repair on your property
may help you avoid costly and larger repairs, ensuring safety and enhancing
A house with no regular
maintenance could lose a larger home value percentage, and might give a
disadvantage when property is the selling process due to its worn condition. Itâ€™s
simple â€“ the better maintenance the better the property value gets alongside
its impression to potential homebuyers.
Just put in yourself to any home
buyers â€“ would you want to buy or invest on a property that seems to be worn
out, and looks like has low value? Would you invest on a property that was not
taken care of by the owner who currently sells the property?
Regular Maintenance = Prolonging Economic Age
It is common sense in the market
that the oftentimes when a house get good maintenance, the longer it survives.
A house can be compared to a person. When you get regular exercise, and
check-up with your doctor, you are highly unlikely to get worn out and be able
to cope with your health and age. Thatâ€™s the same when it comes to your home.
The healthier your home is, the better the value. Dr. John P. Harding says on one post at HouseLogic.com that 1% gain in valuation is achieved every year to
homes with good maintenance and redo. So letâ€™s say you get to remodel or
refurnish every bedroom a year, you gained a percentage value that will help
your home gain a good level of the market when it sells.
Where to start?
The most common areas where
repairs and regular check would mean a lot is on sensitive areas of your home. Air
ducts, plumbing and waste system, storages, and your roof. Check all possible
areas where the foundation of your home is affected. Next place to look at are
bedrooms, kitchens, bathrooms and your living room. Other areas where you may
conduct maintenance and improvements are in your garden â€“ landscaping.
How much regular maintenance may cost?
When you first think about
maintenance, it seems costly. Of course, it is, but it is far cheaper than a
bulk of repairs you may have, though yearly it may vary. HouseLogic.com states that the average annual maintenance cost may
reach up to $3,000 or more based on the US Census data. And lastly, with home
maintenance and remodeling becomes a good option to improve home worth, do not
overdo it. Some may tend to overdo the process and end up losing rather than
gaining. If you have remodeling plans, make sure you are dealing with the right
builders â€“ especially if you are not a DIY type of person.Â Â Â