How Preventive Maintenance Can Save Homeowners Tons of Cash
How Preventive Maintenance Can Save Homeowners Tons of Cash
How important is preventive maintenance? Preventive maintenance can mean the difference between retaining the value in your home and depleting the equity you may have in it; keeping hard earned cash in your pocket or throwing it into the wind. So, whether it's a rising, declining, or flat real-estate market, it's important to maintain your home in order to reap the greatest benefits when you go to sell.
Homes around the world have historically appreciated in value, on their own. The way to maintain and maximize that appreciation is by doing minor routine tasks, proactively and systematically, that help to keep the home operating and functioning normally. Avoiding major operating malfunctions or complete failures in the heat of the Summer or cold of the Winter can easily be avoided if homeowners took just a few minutes to do some very routine minor household tasks. For example, home fires and floods could have been avoided if the homeowner had a maintenance program in place prior to the event.
Most people know that engine oil should be changed every 3,000 miles. Homeowners know the importance of it, and take the time to change the oil in their car, to keep it running properly and maximize the life of their car. With the cost of a home as expensive as it is, shouldn't you take care of your home as much as you would, your car? Scheduling regular maintenance on key components in your home is just as important as changing the oil in your car.
Save Money
Preventive maintenance saves you money. Having to spend money on the replacement of an item can be more costly than the simple maintenance of it. Labor and replacement costs can be much more expensive than a simple maintenance task that one can have done or do themselves.
Decreasing Downtime
Not having any air conditioning, heat or hot water can be very unpleasant for everyone in a household. Minimizing these uncomfortable situations is not difficult if you have a schedule and know when to do them. Better yet, if you have an automated scheduling system in place you minimize worry and the need to remember to do so.
Keeping Track
Knowing the history or life of an item that can wear out, keeping track of it and knowing approximately when and how to maintain or replace it is an important factor in keeping your home functioning properly. Keeping a single binder on all items that are replaced and or installed is a good way to monitor the goings on in your home
Ducking Depreciation
In any market, depreciation attacks your car the moment you walk out of the showroom with it. But I've known homeowners that have been able to increase their net worth the moment they closed their home. Try to do that with a new car, a boat or television set. So, the more you maintain and put into your home the more you get back when it comes time to sell. And your time there can be enjoyed that much more.
Why It Is Important To Evaluate and Perform Preventive Maintenance Tasks on Your Home
Let me give you an example, starting at the very top of your home. Doing a visual or physical inspection on your roof can give away signs of impending dilemmas. Indications of a deteriorating roof can include; thinning, worn, cracked or missing shingles, exposing of the roof felt or sheathing, improper or old repair patches, water and air bubbles, standing water and low spots, protruding nail heads, excessive springiness to deck, cracked roof flashing material, missing or damaged aluminum or copper flashing. These are the easily visible signs, but are not the hard-to-seesigns that result from years of neglect and deterioration. Unfortunately wood rot and mold and are not picked up until it is too late, costing you a fortune in structural repairs and environmental remediation. An occasional inspection of your roof can be worth its weight in gold.
Simple 10-15 Minute Weekly Tasks
Preventative maintenance is a very powerful tool that can save you hundreds or even thousands of dollars. The object is to have the components that make up your home reach full life expectancy and reduce the possibilities of any disrepair that can cost you additional dollars and reduce valuable equity in your home.
How Preventive Maintenance Can Save Homeowners Tons of Cash
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