Maintain Your Home, Maintain Value
If you are like most people, purchasing a home is one of the biggest investments you will ever make – so you definitely want to keep it well maintained to retain its value. Especially for first time homeowners, though, it can be confusing. What are some of the basics to taking care of a home? Here are a few to consider.
- Freshen up rooms with a new coat of paint. There’s no more cost-effective way to liven up your rooms than applying fresh paint. If you’re planning on selling in the near future, think of nice, neutral colors for your paint. Paint degrades over time, so on average, you should repaint your walls about every five years.
- Give your home a facelift. Most people might not see the interior of your home, so it’s important to keep the outside looking tidy and well-maintained. Curb appeal is so important, whether you’re planning to sell or refinance, or if you just want to impress the neighbors. Keep your lawn mowed and weeded, and add some plants, gravel and fresh mulch for a relatively inexpensive boost to your home’s value.
- Update your appliances. You don’t have to choose the fanciest stainless steel, Wi-Fi connected, French-doored refrigerator, but if your old fridge has seen better days, consider updating to a newer model. Update your old appliances as they near the end of their lifetimes and try to purchase more energy efficient models. They will help maintain the value of your home and save you money on utilities.
- Keep things clean. Your house doesn’t have to be immaculately bright and sparkly all of the time, but regular, deep-cleaning helps preserve your home’s value. One of the best things you can do for carpet maintenance is to vacuum regularly. Clean up spills as they happen, wipe down walls with gentle cleansers and keep mold and mildew out of showers and tubs. Keeping your house clean will help preserve your home and help your home age well, which will save you money on replacing things over time.
- Check your roof regularly. Although your roof can be costly to replace, you want to ensure that it’s in good repair to save you money on potentially costly issues like leaks. Make sure there are no loose or missing shingles, and keep your gutters clean so water doesn’t pool on your roof. Regular inspections and repairs may save you from a full roof replacement for a few years.
- Get a termite inspection. Sometimes homeowners will only have this done when they’re buying a home or selling, but regular termite inspection is important to keeping your home damage-free. Structural damage can get quite costly, so you want to ensure your investment isn’t being gobbled up by these hungry little bugs. Have your home inspected about every 2 years, or every year if you’ve had termite troubles in the past.
Remember, if you do choose to sell your home, you will want to get top dollar for it, but you can only do that if you take care of it. Be sure to protect your biggest investment every day of the year. Don’t let your home fall into disrepair. For more tips and resources, feel free to contact us.
Chris Colgan is the CEO and Team Leader of the Chris Colgan Real Estate Team. Chris was born and raised in Gainesville, Virginia and has been in real estate for 10 years. He is a member of the Re/Max Hall of Fame and is in the top 25 for sales in the state of Virginia out of all Re/Max agents. He has been recognized as one of the United States’ and Canada’s Top 500 Marketing Experts by the National Association of Expert Advisors.