Keller Williams

4 Reasons to Keep up With House Projects

As homeowners, we have the best of intentions for keeping up with home maintenance and repair projects. However when things are working just fine, it’s hard to remember to do the checkups needed to make sure things continue to run smoothly. And sometimes life gets in the way and the to-do list keeps growing until it’s finally lost and we subconsciously turn a blind eye to those once important projects.

If any of this sounds familiar, you may have become house blind. Meaning you have looked at a needed repair in your home for so long that you no longer notice it and it longer bothers you. Don’t worry; this happens to all of us!

It’s time to get excited again about keeping up with home improvement repairs and check-ups:

  1. Some day you will sell your home. You may be thinking about selling now or in seven years but whenever you do sell, you want your home to be in the best possible shape. Keeping up with your home repairs will make things much easier when you decide to sell. The first thing potential buyers will see is everything you have become house blind to. They see the chipped tile in the bathroom, the questionable stains in the carpet and even if the deck needs to be re-sealed. Most buyers will pay top dollar for a move-in ready home and aren’t interested in cleaning up your mess. Keeping up with regular maintenance will ensure your home will be market ready when the time comes.
  2. A well maintained home will increase in value. A study conducted by the University of Connecticut and Syracuse University suggests that keeping up with regular maintenance can increase your home’s value by about 1% each year. We are not talking about home improvements here, this is just regular, what we all should be doing anyway maintenance. Keeping up with these fixes goes a long way towards increasing your value.
  3. Regular maintenance can save you money. I’m not sure if Benjamin Franklin was talking about home repairs when he said, “an ounce of prevention is worth a pound of cure” but it sure fits! A bottle of granite sealer is $12, but replacing your stained countertops will cost around $6,000, depending on the size. A tube of caulk is $4, remodeling your bathroom due to mold damage will run you $5,000 for a standard bathroom. If you make the needed repairs as they happen you can avoid these costly problems. Making a small investment now can save you big later.
  4. Keeping up with the Joneses. You don’t want to be that neighbor! If you let your repairs slide, you could quickly become the house in the neighborhood with the overgrown bushes, bare-spots in your yard and a house in badly need of new paint. Keeping up with repairs will help you keep in good standing with your neighbors and having nicely maintained homes will increase property value and demand for your neighborhood.

Get the Job Done!
If you decide to do the projects yourself, that doesn’t mean you’re on your own. Today’s do-it-yourselfers have great resources at their fingertips, with an endless supply of information online. You can search any topic and pull up everything from an article on pruning your trees to watching a Bob Vila video on how to use a caulking gun. You can even print off a checklist to help keep you on track. We like this list from National Center for Healthy Housing which details out by season and area of your home the different repairs/checks you should do.

If you have no desire to be a DIYer, there are plenty of trusted pros out there who will do exactly what you need them to do. Email us and we’ll get you in touch with one of our favorites.

The Bottom Line
A good rule is to expect to pay 1% of the assessed value of your home a year in repairs and maintenance. Now may be a good time to set up a home maintenance fund. Some years you will spend more than others but let it continue to grow so you have the funds available when you need them. A home maintenance fund is different than your emergency fund. Your emergency fund should truly be saved for the unexpected. Home maintenance is a part of home ownership and should be budgeted for.

Keeping up with regular maintenance is a very important part of home ownership and will help you to avoid becoming house blind. It will not only make your home look better and prevent safety issues but help avoid costly problems and future headaches. Without regular maintenance, your home will start to show its age and not in a cute and charming good way.

Ready to tackle some home repairs and check to make sure things are running smoothly? Go on, you can do it! If you need some encouragement, email us or give us a call at 612-821-7456 and we will walk through it together.