Three Tips to Maintain and Increase Your Property's Value
Let's face it – doing property maintenance isn't many people's idea of a good time. However, keeping on top of maintenance can help ensure your property's value in the long term.
Here are our top three tips for maintaining your property's value over time.
1. Look After Your Roof (and Your Roof Will Look After You)
Roofs are often neglected. But they are the most important part of every property. If your roof is defective, the rest of your home is vulnerable to damage from rain, wind and winter storms.
This time of year is a good time to do a quick roof check (safely and from ground level). If you notice any damage to your roof, such as slipped tiles, missing roof pointing and leaking gutters, find a reputable local roofing company to look at it.
2. Invest in Energy-Saving Measures
Energy efficiency in a property is about more than just saving you money.
Here's why: Good energy efficiency measures should increase your property's EPC rating. (A current EPC or Energy Performance Certificate is needed whenever you sell your property.) A property with good energy efficiency may attract more buyer interest when you come to sell and help you obtain a better price.
Some energy efficiency measures like new windows or boilers are big-ticket items, but others are relatively cheap.
Boosting your loft insulation or installing LED lighting can maintain your property's value for a low outlay.
3. Install a New Kitchen or Bathroom
Most estate agents will tell you this until they're blue in the face – kitchens and bathrooms sell houses.
So, if you have some cash to splash, these are excellent things to spend it on.
A new kitchen or bathroom will likely add at least what it costs to the value of your home, possibly more, and should make it more saleable if you decide to sell.
Benefits of Timely Property Maintenance
Timely property maintenance offers not just one but FOUR benefits:
- You benefit from a nicer, warmer, more comfortable home.
- You could save money.
- You should maintain the value of your home.
- You can maybe even make some money in the long term, too.
Of course, if you're thinking of selling and are interested in the value of your property right now, contact us today for a free, no-pressure valuation.
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