When it comes to homeownership, one of the things that many people often dread are the new responsibilities that they have (sometimes unknowingly) signed up for. Owning a home or real estate comes with a lot of responsibility and requires an investment of money and time to sustain over the long term. Without regular maintenance, homes will eventually start to fall apart, leading to costly home repairs and a reduced value.
There are several reasons why performing maintenance is important. Performing regular maintenance on your home or property is a vital part of maintaining your investment and ensuring that it becomes an asset to you rather than a liability. Repairs or replacement of many common household items will eventually be required, however, with a little planning and foresight, doing regular maintenance will go a long way to saving you money and reducing your level of stress.
Like your car or body, your home, too, does require regular maintenance to help keep it in mint condition. Unfortunately, that’s not always the case. Most people tend to neglect this vital task and wait until their homes develop a problem to react. If you are reading this, then the chances are that you are planning on initiating a regular maintenance program. But, you are holding back the thought as you are not sure if it’s the right move. Without saying much, Here are the benefits that come by asking for regular maintenance services:
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The Importance of Maintaining for Your Home
It saves you money in the long-term.
Aging and inefficient equipment use up a lot more money and resources than new ones. An air filter that’s not undergone any maintenance in a while, for instance, is going to use up more energy than one that’s recently had the filters cleaned.
Likewise, old pipes are better off replaced before they burst and start leaking water, leading to higher replacement costs.
For every dollar spent on preventive maintenance, you are going to save a lot more worth of damages and repairs. Simple problems are always better dealt with at the moment of their emergence.
Dryers cause more than 15,000 fires every year, resulting in nearly $75 million in property damages. For many, regular cleaning could have easily prevented any danger. While this is an extreme example, it shows the importance of preventative maintenance. Rather than spending thousands of dollars on repairs and insurance costs, catch the small issues early. Spending a few thousand dollars to replace the roof is better than paying for the damages when it collapses into your home.
It increases the value of your home.
Aside from home upgrades and renovations, one of the most effective ways of increasing the value of your home is to maintain it properly. An easy way to think of this is considering you were to put up your house for sale tomorrow.
If none of the houses has been properly maintained in a while, you’d have a lot of dents in your home inspection report. The cost of fixing these issues would otherwise be bundled on the customer, leading to them asking for discounted rates. This way, properly maintaining your home helps to increase its value.
Like any major purchase, your home is an investment, and you want the best return for your money and effort. While homes in good shape can grab a fair price, a survey found that homes with renovations, upgrades, and proper upkeep can have returns that raise their value. Most buyers look for houses that won’t require major upkeep for a few years, so the more you do to maintain your home, the better return you’ll get for your investment. Without proper care, however, your home will deteriorate, quickly losing value. As cracks form in your foundation and paint peels, you’ll be left paying large sums in repairs to get the return you need. With regular maintenance, however, you can quickly fix small problems before they become big issues. Then, with the added curb appeal, your properly maintained house will have an increased chance to see above market value.
It protects your house from secondary damage.
Secondary damage is the kind of damage that happens as a result of previous damages that have happened in the house before.
For instance, when flowing water bursts out of a pipe and damages the hardwood floors below. If the water gets into electrical outlets and messes up with the wiring in the house, or the roof collapses because of weakened trusses
This is going to cost a lot more to repair or replace rather than paying a professional to fix preemptively. Contacting professionals like APES plumbing and HVAC is a great choice to detect leaks and other sewage and plumbing issues.
Poor home maintenance can create danger in a variety of unexpected ways. Pool equipment failures can cause drownings. Garage door malfunctions can hurt small children and pets. Broken air systems can cause temperatures changes that may be deadly for infants and the elderly. From 2011-2014, fires caused by electrical failures resulted in an annual average of 420 deaths, 1,370 injuries, and $1.4 billion in property damage. A deteriorating home can also introduce more subtle threats, such as mould growth where there are water leakage and pests that can harm both your family and home. By keeping up with your home’s maintenance and repairs, you can rest assured that you are doing your best to keep your family safe within your home.
Reduce energy consumption
Your home works hard to keep you comfortable throughout the year, and this consumes a large amount of energy. Even if you diligently turn off lights and keep your home at a moderate temperature, you can still have preventable energy loss. To avoid this waste, check your home’s windows and doors for gaps and cracks that may cause drafts. Test your appliances and cooling/heating systems to make sure they are operating at optimum efficiency. You’ll be doing the earth good by saving energy and also save money on power costs.
Home maintenance improves living experience.
Living in a house with a quiet air filter or furnace that doesn’t spew dust every other second is a vastly better experience than the other side of the coin. Regularly maintaining your home makes life easier as you won’t have to deal with the excessive noise of a creaky door, unlubricated machine parts or cleaning up after a leaky roof.
Additionally, it helps you have more confidence in the integrity of every part of your house. Naturally enough, then, you’ll feel a lot more secure and comfortable living in it.
It helps to keep away pests.
The direct proportionality between the number of bugs in a house and how poorly maintained the said house is something that needs no explanation.
Bugs are flying through the neighbourhood and finding a crack in your wall, for instance, are going to decide they have found their new home. Ants and wasps deciding to settle in your attic and termites eating up wooden trusses all over your house will be a huge problem if you don’t keep your home maintained.
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Maintenance Helps Your Home Last Longer
One of the primary reasons to do maintenance on your home is to make it last longer. Well-maintained homes are able to stand the test of time and will need major repairs or upgrades less frequently. It’s unfortunate that in today’s world, many things are not designed to last for a long period of time. Modern homes may only last for 20 to 40 years before major repairs are needed. Furthermore, it’s been said that a typical home might require up to 50% replacement (in dollars) after only 30 years of ownership. Incremental investments in maintenance each year can help extend the life of a home and its components well beyond this. Ultimately, major repairs will still be needed someday; however, the benefits of doing maintenance will greatly outweigh its cost.
Maintenance Reduces Repair Costs
Another important reason to do maintenance on your home is to reduce the likelihood that a major repair or break down will occur. It’s been said that for every $1 invested in a home on maintenance that you’ll likely save around $100 in future repairs.
It’s not uncommon for repair bills for major issues to run into the thousands of dollars. In particular, if you have to hire professionals to do the work, the costs can be high. Some important things that need maintenance are appliances, plumbing fixtures, air conditioners, and things like gutters and smoke detectors. Other items that require regular maintenance also include HVAC systems, windows, doors, and roofs, to name a few.
When it comes to your roof, it’s easier and less costly to maintain it, and then it is to repair or replace one. Make it a point to check your roof annually for leaky spots or broken tiles. An annual inspection with some minor maintenance may only cost $100 to $200 a year; however; this will delay the need to replace the roof eventually. In addition, fixing a minor leak before it becomes a major problem could end up saving you thousands of dollars.
The same philosophy holds for your home’s plumbing and fixtures. Small leaks can occur almost anywhere at any time. Without detection and repair, a small leak can easily turn into a big, expensive headache. I once had a leaky toilet that cost me over $150 on my water bill. I learned quickly that a $5 flapper and 10 minutes of my time could have saved me the shock of having to pay for that much water. If you have a water heater, especially one with a tank, it’s very important to drain it on an annual basis. Sediment and mineral build-up can compromise the integrity of the unit, causing it to fail prematurely.
Performing Maintenance Improves Resale Value
For most people, a home is the largest investment that they will ever make. With proper maintenance, their investment can be protected. Over the long term and even in an economic downturn, the well-maintained property will hold a higher value than those homes in the neighbourhood that have not been maintained. Furthermore, most prospective home buyers are often looking for a home that they can settle into quickly rather than one that is on the verge of requiring major repairs.
Keeping your home well-maintained and up-to-date is going to affect its resale value significantly. Keeping your home’s curb appeal as attractive as possible will do wonders for the price buyers are willing to pay to purchase it.
While most maintenance items affect the functionality of your home, you can’t overlook the aesthetic aspects as well. For example, a fresh coat of paint on a house can add a lot of value to a structure and increase its desirability. Other maintenance items that could add value to your house includes updating doors and windows as well as the garage door. In many modern homes, one of the first things prospective buyers see is the garage door.
Another thing to think about is how the yard and landscaping are being utilised. Yard work is a common maintenance item for homeowners. It’s certainly much easier to maintain a yard frequently then it is to wait and do a major overhaul. The good news is that yard work is often easy to do and typically requires a small budget in combination with sweat and tears to accomplish.
Warning signs to look out for in your home
Inside your home:
- Buzzing electrical sockets and/ or flickering lights: They are both tell-tale signs that something is going wrong and, if not fixed, your home could be at risk of experiencing a fire.
- Leaking radiators: Although they may only seem like small drips, leaking radiators can become much worse over time and could lead to severe damp in your home.
- Damp ceilings: If you can see damp patches appearing on your home’s walls or ceilings, your roof could be leaking, which should be fixed immediately before the stains spread and the damage becomes structural.
- Faulty smoke detectors: You should regularly test your smoke detectors to ensure they are working properly. Your smoke alarm should have a test button. If it doesn’t sound upon pressing, the batteries will most likely need to be replaced. If it still isn’t working, you should think about replacing entirely.
- An old boiler: Don’t stay loyal to your boiler if it is more than ten years old and showing signs of old age. It’s generally accepted that boilers should last up to 15 years. However, some are known to break before then, so this should never be taken as a golden rule.
- Checking the roof: As well as checking your ceilings from the inside, you should also check your roof from the outside to discover if there are any broken or missing tiles. If there are, they will need to be replaced by a professional to reduce the risk of flooding.
- Blocked gutters: You should check your gutters at least four times per year. Over time, outside gutters can be blocked by a build-up of water, caused by birds nests, clumps of leaves, particularly during the autumn, and accumulations of mud. Clearing your gutters is essential to keeping the inside of your home safe from flooding.
- Overall exterior: Has any of your paint chipped? Are there holes in any of your bricks? Take a look around and make any repairs needed.
- Damaged windows: In order to prevent any unwanted drafts and bugs from entering your home, you should repair or replace any damaged windows and window screens. Although duct tape can be a quick, short-term fix, it won’t last and looks bad.
Whether you intend to sell your home or stay for many years, it is important to carry out regular maintenance and repairs.
Staying on top of things with minor fixes will help you to avoid big problems later down the line.
Major features like plumbing and heating should be monitored and serviced regularly. Not only are they necessary for comfortable living, but they can also be very expensive to replace.
If on the other hand, the features are ageing and inefficient, it may be worth a replacement to save on monthly bills in the long term.
It is also necessary to evaluate your roof once every so often – as the roof protects every other investment you have made in your home, it is vital to keep it in working order.
Water can be detrimental under certain circumstances. This is another instance where it is very important to stay on top of little annoyances that can become expensive disasters.
Not only will regular upkeep maintain the comfort and look of your home, but it will also help you to maximise its value if you decide to sell.
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Performing Maintenance Results in Peace of Mind
The final reason that performing annual maintenance on your home is that it will bring you peace of mind. When you have the knowledge that things have been maintained and that they are working well, you will have a lot less anxiety about the possibility of having to deal with a major repair. With proper maintenance, it is also likely that you will be more prepared for a time when something eventually does break and require a repair. Having the peace of mind offered by keeping a home maintained will do many great things for both your health and your wallet.