Maintenance and repairs don’t usually rank high in homeowners’ list of priorities. They’re expensive, time-consuming, and are easy to put off until any visible signs of degradation emerge. However, your property is perhaps your greatest asset, and like any asset, negligence can cause its value to decrease over time.
Even though some maintenance costs might seem high, it’s a necessary investment that might also help generate profits when it’s finally time to sell your property.
In this blog, we share a few simple ways on how to maintain (and maybe even increase) the value of your property.
Check the Plumbing System
Breakdowns in the plumbing system are a common occurrence, especially in older homes. Even for quality and high-end pipes and appliances, leaks and floods are increasingly likely to happen as the years go by. To prevent water leaks from damaging your home, it’s necessary to contact qualified plumbers and get your faucets, pipes, toilets, and showers checked for any leaks or damages.
Water damages are a serious issue and can even result in a compromised home structure. It’s better to have preventive maintenance done today instead of spending money on costly plumbing repairs tomorrow.
Upgrade Appliances
Similar to the property itself, appliances such as heating systems and toilets need to be repaired and in some cases, replaced over time. If you plan on living another 5-10 more years in your current home then you’ll need to upgrade certain appliances.
It’s not necessary to purchase expensive or high-end replacements for every item. Instead, going for energy-efficient appliances will reduce the electricity bills and act as an added bonus for future potential buyers.
Don’t Neglect the Outdoors
Inspect the outside of your property and try to perceive it from the perspective of potential buyers. If the look isn’t reflective of the property’s true value then you’ll have a harder time selling it or getting it valued for a mortgage.
Even though the interior is important, the exterior is what is seen first and often used as the primary measure in judging the property’s value.
Take the following steps to improve your property’s overall appeal:
· Repaint any chipped surfaces
· Fix any broken railings or windows
· Ensure the gardens and lawns are well-maintained
· Add attractive plants and flowers at the entrance to enhance the overall look of the place
Other steps that help maintain a property’s value include regular cleaning, repainting, roof replacement, and insect extermination.
Smith Top Team Realtors are local realtor agents in Mechanicsburg, Pennsylvania that help sellers and buyers achieve their real estate goals. Contact us today for more information.