Your home might be one of your most significant assets. However, the things you do or fail to do could drastically ruin the value of your home. You might not realize the drastic effects of devaluing your home until you cannot sell your house in the competitive real estate market. If you are lucky enough to find a person who will buy your home, you might be forced to sell it for less than you intended. Fortunately, this article will look into a few practical ways to maintain the value of your home.
Deal with pet odors promptly
If you have pets that spend most of their time indoors, they are prone to have accidents on the carpet. Over time, you might get used to the smell and not be inclined to deep clean your rug. Unfortunately, outsiders and guests that step into your house will be bombarded with the pungent smell and lose interest in your home. We suggest you clean your carpet to purge any natural pet odors and keep your pet out of the house during inspections.
Perform maintenance tasks regularly
There will always be an issue that needs your attention around the house. It could be a crack in the wall or a plumbing issue. If you wait too long to complete any maintenance tasks, you will rack up a hefty bill and possibly ruin the value of your home. It would be best to deal with minor problems to prevent them from worsening as soon as they arise.
Avoid undertaking any illegal building work
You must obtain a valid construction certificate before starting any major renovations or alterations to your house. If anyone gets injured during the project, you will be held liable for the damages caused. You also put the buyer of your home at risk as they will be held legally responsible for any alterations and renovations that you illegally carried out. In most cases, the buyer will ask you to lower your selling price by the amount it costs to rectify the problems you caused.
Keep the pests at bay!
Nobody would like to move into a house and later find out they have unwanted guests. Pests such as roaches and ants are a nuisance to be around and spread harmful diseases and infections. If you cannot handle the pest infestation in your home, why not let Terminix pest control take care of it. Work with professionals with experience handling a wide range of pests to avoid any infestation spiraling out of control. Proper pest control is good for your health, comfort plus it will protect the value of your home.
Replace faulty appliances, fixtures, and outlets
Nowadays, buyers have become very thorough and will not invest in a home until they have done a full inspection. If they find out that some key appliances don’t work or things like fixtures are faulty, the deal might be off. They will likely move on to view another house. So, it would be best to ensure everything works in perfect condition to prevent this from happening. If anything is loose or broken, have someone fix it as soon as possible before the inspection day.
Declutter your house
Clutter makes your home look chaotic and provides a perfect breeding spot for pests and germs. Prospective buyers will most likely be repulsed by a home that looks messy, making it harder for you to find a willing buyer. Ensure you attack the piles of clutter and get rid of anything you don’t see yourself using within the following year. Once you are done decluttering, ensure you deep clean any covered areas until the floor is spotless.
Ensure the finishing is superior
One of the critical elements people look at when searching for a home to buy is the finishing. The presence of cobwebs, dust, and mold could take away from the value of your home. It would be best to inspect each room and determine how you can spruce up the finishing. A fresh coat of paint can do wonders to a dull room. However, we don’t recommend painting over a moldy wall before dealing with the issue.
Neutralize your renovations
Renovations are a great way to spruce up your home. That said, you ought to know that incorporating bold and busy renovation designs is a common mistake that might devalue your house. You might think that neutral colors are dull, but the bright colors in your home might put some buyers off. It would be best to tone down your personal preferences and consider making your makeovers seller-friendly.
As you have seen, maintaining the value of your home isn’t that hard. We hope our quick guide will help you protect or even improve the value of your home!
- About the Author
Alex Grigoryan is a Professional Home Improvement and Lifestyle Writer. He has been in the industry for over 6 years and has been writing for Chique Home Living since 2019. His work has been featured in prestigious blogs such as Spruce Home, Better Homes & Garden, and more.