Many first time home buyers get a big surprise when their home values are different than what they thought they might be; unfortunately it’s rare to buy a home and have it’s value automatically climb with inflation or the market itself.
This is not to say that your home value cannot appreciate, but rather that it doesn’t generally happen overnight. Thankfully there are a few things you can do to help your new home hold it’s value over time – here are some tips to get you on the right path!
A drafty house is an inefficient house! Whether it’s Summer or Winter having your HVAC working double time just to keep up with temperature leaks can be a real money drain – when you live there and when it’s time to sell. Find and fix drafts throughout your home to insure that you’re not spending too much on energy costs and to help keep that home value stable.
Regular Ole Maintenance
It seems mundane and ordinary but the run of the mill stuff – that a lot of people just don’t pay attention to – are most often the things that can end up leading to costly repairs if not properly managed. This includes cleaning gutters, changing air filters, and having the furnace serviced – all common things to make sure you keep tabs on.
Landscaping and Curb Appeal
It’s easy to overlook the lawn, even though you walk by it every day, and believe it or not your yard plays a big role in your resale value. Many would-be buyers can be turned off and turned away if the curb appeal isn’t up to snuff. Turns out landscaping is one of the updates you can make to your home with the most return on investment.
Don’t Skimp On The Big Stuff
Need a new furnace? New roof? New Floor? Chances are unless you’re a contractor you don’t have the skill set needed to truly to those big jobs right; doing them wrong can be absolutely disastrous and cost you even more money by needing to have someone come back in and do it right. So don’t skimp! Hire a professional, chances are your agent knows several they can recommend.
Leary about selling? Not sure if the market is ready? Not sure if YOU are ready? Good news – we can help! Get in touch today to find out how a qualified real estate professional can help you avoid pitfalls and make the right choices throughout your next move!