Your property is primarily a home, but it’s also an investment, and the proactive steps you take to manage it can have a direct impact on property value, appeal, and sale price. Plus, it can save you money (and stress) in other ways, too. Proactive maintenance helps to catch and fix comparatively small issues before they become big problems. Throw in the fact that it’ll boost your enjoyment of your home even before you decide to sell, and it becomes clear that working to preserve/enhance your property’s value is a no-brainer.
Below, you’ll find a few useful strategies for keeping your property’s value ticking along in the right direction, the majority of which only require a little ongoing management rather than massive time/money/energy commitments.
Learn Home DIY
It’s often not worthwhile calling out a professional to fix a minor issue. However, while one minor issue might not have a major impact, many minor issues will. They equate to one big problem. Learning some home DIY skills is recommended because it’ll allow you to quickly and effectively patch and repair those minor issues as and when they arise. Don’t think you’re good at DIY? You probably are — you just haven’t learned yet. Sign up for an online or in-person course, and you’ll know the essential skills in no time.
Tackle Issues Promptly
Of course, while there’s a long list of home repairs you can do yourself, there are also more significant issues that will require professional expertise. If you suspect that your property has an issue that you can’t resolve, then it’s recommended to take action promptly. It’s easier — and cheaper — to fix potentially big problems while they’re still relatively minor. From fixing foundations at the first sign of damage to repairing a roof with damaged shingles, tackling signs of trouble head-on will preserve the quality and value of your property. Remember: it’s unlikely that a home issue will repair itself!
Increase Energy Efficiency
The energy efficiency of properties and appliances is improving all the time, and if you haven’t updated your property’s energy credentials in some time, then it’s possible that your property’s value isn’t as high as it could be. And since you’ll likely be paying more for your energy bills, it’s actually a double hit to your finances.
There are countless ways to improve your home’s energy efficiency, including upgrading your insulation, HVAC system, and appliances, and installing double- or triple-pane windows. You’ll notice an improvement to both your comfort levels and energy bills immediately.
Update Key Rooms
It’s easy to become comfortable with your home’s decor choices, but there’s value in periodically reviewing and updating your property’s key rooms, such as the kitchen and bathroom, so that it’s in line with modern touches. Not only does it help to keep your home feeling fresh, but it can also ensure that your property is close to being selling-ready at all times, which can offer greater flexibility and allow you to sell if property prices in your area begin to spike.
