In some ways, maintaining your home is like maintaining your body. Over time, and with standard “wear and tear,” both your home and body require a good checkup! Of course, your body is the ultimate investment, and when you don’t take care of your health, your medical costs can increase. That’s why people invest both time and money in nutrition and fitness. Similarly, homeownership is a substantial investment, and disrepair or improper care can turn your home into a significant liability. That’s why it’s so important to “nurture” your home and spend time and money on routine maintenance and care.
All year round, homes can sustain damage from weather events and extreme temperatures that can compromise their structural integrity. The good news is that by performing routine home maintenance, you can identify potential problems before they cost you hundreds, even thousands, of dollars.
At Advance Inc., we are dedicated to helping you navigate the obstacles and responsibilities that come with homeownership. Based on our experience, here are 3 key reasons you should perform routine home maintenance:
1. Increase Your Home’s Resale Value
It’s not uncommon for prospective home buyers to avoid properties that may cost them more in repairs and renovations after closing. Regardless of market conditions, a properly maintained home is easier to sell at a higher price. By regularly performing routine maintenance, updates, and basic renovations, you can increase the resale value of your home and the likelihood of selling above market price.
Check out our previous blog for some suggestions on how to improve the resale value of your home.
Typically, a well-cared-for home can stand the test of time, and major repairs are needed less frequently. Incrementally investing in your home’s longevity over time can help you save money down the road.
2. Save Money from Year to Year
Discovering areas of your home that need repair can be stressful, especially when you’re on a budget. Routine home maintenance serves as preventative care that can keep small problems from turning into bigger, expensive issues that yield high repair costs. Think about it this way: it costs much less to cover the cost of replacing damaged roof shingles than it does to replace your entire roof.
Beyond saving money in break-fix scenarios, reducing your home’s energy consumption is a good way to keep costs down. Try getting in the habit of turning off lights when leaving a room or shutting down electronic devices when they’re not in use. You can also reduce energy consumption by reinforcing the most exposed parts of your home, such as your windows, doors, and attic.
Over time, materials like weatherstripping or caulking, which help create an air-tight seal to prevent the passage of air in and out of the home, can break down. Routine maintenance of gaps and spaces around doors and windows can drive down monthly utility costs by ensuring your heating/cooling system isn’t working harder than it needs to.
3. Maintain a Safe Environment
Home deterioration can present a host of potential threats to you and your family. An overlooked water leak can cause mold growth; poor insulation can be dangerous for young children and the elderly; and in absolute worst-case scenarios, poor construction can result in electrical fires. Performing regular home maintenance, and getting a professional’s opinion, can help you identify and stop these potential threats before they endanger the occupants of your home.
Here at Advance Inc., we are proud to provide our customers and community with outstanding services and reliable resources. If you’re ready to start your next repair or upgrade project, explore our website and feel free to contact us with your questions. We are happy to help!