Property Maintenance – The best way to protect your investment
Regular property maintenance is vital for the protection of your investment. While maintenance tasks incur additional expenses, proper upkeep helps to secure the property’s value in the long run.
Whether you’re living in your house or renting it out, it’s to your benefit to keep the property in good condition. Read our blog post to learn more about the importance of regular maintenance as well as how to save money by avoiding major repairs.
The importance of property maintenance
Properties deteriorate as they age and this is exacerbated by usual wear and tear. As this damage occurs over time, it’s easy for homeowners to overlook minor maintenance tasks. As the condition of your home drops, so does the property value.
Not only will regular maintenance protect your investment, it will also safeguard your family or tenants against the risks associated with poorly maintained houses.
It’s more convenient to deal with small repairs than the effort it takes once the problem has escalated into major repair work.
Problems that are left unattended could even result in you having to move out of your house while repairs are being carried out. Not only is having to vacate your property inconvenient, it can also incur additional costs. If you’re renting out your property, the tenants may move out if you don’t keep the buildings in good condition.
Property maintenance plan
Developing a property maintenance plan helps you to ensure that your house it looked after properly. This strategy also allows you to budget for maintenance expenses.
While there are regular maintenance tasks that you can expect to perform, other repair work might need to be done unexpectedly. With money set aside for maintenance work, you can ensure that you are prepared for unexpected expenses.
Your maintenance plan and budget will be influenced by the age of your property as well as the condition it is in. Older properties require higher levels of care so their upkeep is likely to cost more than their newer counterparts
You can enhance your property value by setting aside money for improvements to your house. You can add value to your home by installing air-conditioning or building an additional garage.
These additions enhance the appeal of your house when the time comes to sell it or if you decide to rent it out. A property maintenance calendar with a checklist of all the tasks that need to be completed throughout the year can help you to keep your house in top condition.
What are common types of maintenance tasks?
If left unattended, your roof can become damaged beyond repair. That’s why it’s important to inspect your roof and fix any minor issues before they lead to major problems.
The cost of replacing your roof far exceeds the expenses that are associated with small issues. Roof leaks can be repaired by a reliable builder but if they’re left unattended, they can cause dampness in your home.
Not only does damp affect the condition of your property, it can also have negative effects on the health of the people who are living in it.
Damaged hinges or locks should be attended to immediately to ensure the safety of the house’s occupants. Fences, walls, and doors should also be kept in good repair in the interest of upholding high levels of safety.
You should set aside time to clean your gutters regularly. Blocked gutters can cause damage that is costly to repair.
One indication that your gutters are blocked is if pools of water form around your home and remain there for over 24 hours. It’s also advisable to check your gutters for any damage or loose connections.
If the drainage on your property is still bad, you may need to grade the area or employ builders to raise the paving.
Check your house for any areas that need attention. Look for chipping paint that needs repairing or for holes in the brickwork. Look for any cupboards, doors or windows that need some attention to maintain their functionality and aesthetics.
Remove dead plants or bushes from your property. Trim bushes to add to the aesthetics of your property as well as to prevent the branches from damaging buildings and walls. Make sure that trees are not damaging electrical wires or fencing.
Now that you know more about property maintenance, you can be sure that your investment retains its value. With the right attention, you can ensure that your house is kept in good condition to avoid the expenses that are associated with major repairs.