How to ensure your property holds its value over time

Unless properly maintained, property can become dated and in need of repair. This will lead to lower asking prices once the home goes up for sale. To prevent this, homeowners are encouraged to find ways to help a property maintain its value over time.

There are many aspects that affect a home’s value over time – many of which are outside of a homeowner’s control, like the demand for a suburb or the greater economic conditions.

“However, what is within a homeowner’s control is the overall condition of the home. By making sure that the home is as appealing as possible to potential buyers, homeowners will protect the resale value of their home and safeguard their investment. The first step to safeguarding a home’s resale value is to maintain the home over time, which can help avoid larger repair issues down the road.

Some tips below:

Chips, cracks, and holes

It can be easy to ignore a small crack on the wall or a patch of chipped paint here and there. The problem is that these small defects can either grow larger or can accumulate over time, which can make a home look scruffy and uncared for. It is better to touch up any of these defects as soon as they appear rather than delaying the repairs until it becomes a bigger problem.

Regular garden maintenance

The home’s exterior is so important. Not only is the first impression a buyer will get of the home, but it is also often the first place where damage can occur. Apart from seeing to the lawn and doing regular weed maintenance, homeowners should be clearing out gutters and inspecting the roof to guard against potential leaks or water damage making its way to the home’s interior.

Cleaning that goes beyond the normal routine

Every so often, it is advisable to do a deep clean of the home. Get any fitted carpets professionally cleaned; do a deep clean of all cupboards to make sure nothing has spilled or caused damage; clean all windows; scrub the grout between the tiles, and polish any metal fittings (doorknobs, handles, etc.) that are looking cloudy.

Lastly,  it is useful to keep an eye on home décor trends and to try and slowly update things where you can. “Sometimes just small updates, like painting cupboard fronts in a new colour or replacing faucets, can make a big difference to how modern a home feels,”