Things You Can Do to Maintain Your Home’s Value
Maintaining your home’s value is an important aspect of owning a home, particularly if you have plans of selling it or improving it for your own use and enjoyment. Maybe you’re unsure where to begin in maintaining the value of your home and what aspects are of greatest concern. Here are 5 things you can do to maintain your home’s value.
- Routine Maintenance
One thing you can do to extend the value of your home is to keep up with routine interior and exterior maintenance. If you have a faulty kitchen or bathroom plumbing, electrical problems, malfunctioning appliances, air conditioning or heating issues, window, and door weatherproofing deterioration, roof leaks, plugged gutters, broken shingles, peeling paint, and any related structural problems with your home, you will lose value in delaying these issues. If you stay on a maintenance schedule for any of these problems, your home should keep its value without having to get into budget-breaking expenses down the road.
- Regular Cleaning
Cleaning your home regularly can save you time and energy, plus help you maintain the value of your home. If you follow a daily or even weekly cleaning schedule, you can maintain and increase the value of your home. You want to avoid rushing around at the last minute with heavy cleaning, especially if you happen to be preparing your home for sale, a home inspection, or an open house event. Schedule appointments twice a year with a professional carpet cleaner. When you keep your home clean, not only will its interior surfaces remain in excellent condition over time, but its value will remain steady.
- Curb Appeal
First impressions are important, and the exterior appearance of your home can weigh heavily on its value. If the outside looks shabby, cluttered, and unkempt, your home’s value will likely diminish. Simple touches can improve your home’s curb appeal. Fresh paint, clean siding, modern lighting fixtures, a colorful front door, decorative and enlivening front porch accessories, a well-kept lawn, plants, trees, and hedges can all add to the appeal of a home and boost its value.
- Specific Updates
If you have an older home, you may need to think about replacing your outdated appliances and other specific items like cabinets, window treatments, bathroom and kitchen fixtures, flooring, and other elements in your home that affect its value and worth. You can do any of these updates incrementally to avoid budget conflicts. With appliance selection, you want to keep the style, color, and energy efficiency in mind not only for yourself but for future home buyers.
One of the more simple and gratifying ways to increase your home’s value is through painting its interior and exterior. Even painting one wall or a ceiling area can improve its appearance. Paint can bring a fresh and clean look to your home without a huge dent in your budget, plus you don’t have to do it that frequently for your home to look good for a number of years. The climate in your area and whether you have pets or children will determine how often you have to paint the inside or outside of your home.
If you keep these five basic factors in mind, you can both maintain your home and increase its value. Instead of your home losing its value because of limited and delayed input, you can watch it grow in value now and avoid the pitfalls of expensive maintenance and repairs later.