The Risks of Not Keeping Up With Property Maintenance
The value of your structure as well as the overall property may suffer significantly if you neglect property care.
CURB APPEAL
The value of your structure as well as the overall property may suffer significantly if you neglect property care. Your family members should never be exposed to the health hazards associated with neglecting your property. Following health hazards, neglecting property maintenance can undermine your financial well being and resale value. For those reasons, it’s critical to make regular, expert property maintenance investments. In this article you can find out why property maintenance is so important and how much property maintenance in the USA costs.
Owning a home is a significant investment that requires constant attention and care. Unfortunately, some American homeowners underestimate the importance of regular property maintenance, exposing themselves to a myriad of risks. Neglecting property upkeep can lead to serious consequences, both financially and in terms of safety and comfort.
Property Value and Property Maintenance
One of the most immediate and tangible risks of neglecting property maintenance is the decrease in property value. American real estate markets are competitive, and potential buyers are often deterred by homes in poor condition. Simple issues such as a leaky roof, peeling paint, or overgrown landscaping can significantly reduce the perceived value of a property.
Regular maintenance not only preserves the aesthetic appeal of a home but also safeguards its overall market value. Many, if not all, American Realtors recommend at least beautifying the property grounds. This undertaking is very affordable and highly effective when selling homes. Freshly mowed lawn, trimmed bushes, pressure washed driveway and spotless windows will go a long way.
We all know the importance of first impressions. If the first impression not impress, the following aspects will matter less.
Costs for ground maintenance:
Mowing you lawn, professionally edging the sides, removing weeds can cost you as low as $50 per visit.
Trimming bushes or pruning trees can cost as low as $75 per visit.
Cleaning all your windows can cost as low as $125.
Pressure Washing concrete, asphalt or interlocking surfaces while removing stains, dirt, grime and other contaminants can cost as low as $125 per visit.
Washing and Staining wooden fence, making it look as good as freshly installed can cost as low as $250.
Removing weeds from your interlocking driveway can cost as low as $250.
These are just very few inexpensive but highly effective property maintenance services that will boost the curb appeal, elevate the first impression and therefore increase the chances of selling your home for top dollars.
If the ground is well kept, other effective maintenance tasks can be performed. Freshly painting the garage and entrance doors in neutral but popping colors is the next most effective first impression booster. This task can be done by handy home owners or by professionals for as little as $450.
FURTHER TIPS FOR IMPROVING FIRST IMPRESSION:
Make sure you have proper lighting, replace all lightbulbs if needed, make sure all colour tones are the same, avoid having different light bulbs.
Vent all rooms properly, make sure there are no odours that can deter potential buyers.
Declutter your home (remove personal images, unnecessary distractions like make-up, shampoo, deodorants…..)
Add some freshly cut flower arrangements to the most important rooms like kitchen or living room.
Structural Integrity and Property Maintenance
Neglecting routine maintenance can result in serious structural issues that compromise the integrity of the home. Harsh winters, with their freezing temperatures can take a toll on roofs, foundations, siding and even expansive ground surfaces.
Failure to address issues promptly, such as a small leak or a crack in the foundation, can escalate into major structural damage that requires costly repairs. Snow and especially ice can create havoc on expansive interlocking surfaces. A very inexpensive inspection and small incision can save you thousands of dollars.
Small issues can be easily repaired and the costs will be kept to a minimum. Failing to address the issues as soon as possible can create a domino effect in further damages and higher repair costs. Many home owners believe that home insurance will cover the costs of repair. That might be the case if your home insurance has no reason to believe there was no proper maintenance involved in such damages. Toilet can clog, overflow and cause huge damage to your walls and flooring, probably not caused by neglected property maintenance, yet, a big hole in your roof or foundation will raise alarm bells with the insurer. Further more, fences, decks and driveways are most likely exempt from regular home insurance policies, which means, any damage to the structure will not be covered.
In what shape is your fence, deck or interlocking driveway? When was the last time any of those surfaces were inspected, washed, sealed and repaired?
Washed and sealed wooden surfaces will last at least 3 times as long as not treated wooden structures. Not letting weeds grow in between interlock pavers can save you thousands of dollars in repairs or total replacement.
Proper Maintenance Cost:
Fence wash and seal can cost as low as $500 an investment well worth doing every 3 years.
Deck wash, sand and seal is another important task that should be done every 2-3 years and it can cost as low as $450.
Cleaning and sealing interlocking driveway or walk way can cost as little as $600, this task should be done every 3-4 years.
Removing weeds from interlocking surfaces, adding polymeric sand and sealing will cost $1000 or more.
Repairing or replacing interlocking surfaces will cost $2200 and more depending on the size of the project.
Repairing small roof leaks can cost as little as $600 (keep in mind that insurance may not cover any damages caused by leaky roof older than 13 years!)