Would you throw away $20,000 – $80,000 ? You are if you’re letting your home age faster than it should. Here’s a simple maintenance strategy to keep your home young .
An out-of-shape house is older than its years and could lose 10% -20% of its appraised value.
Good maintenance can even add value. Here in Bergen County in towns such as Tenafly a pre sale investment of $40,000 can increase the value of an old outdated home by $100,000 and even more.
So if you’ve been deferring maintenance, or just need a good strategy to stay on top of it, here’s the simplest way to keep your home in good health.
Focus on Your Home’s #1 Enemy
If you focus on nothing else, focus on moisture — your home’s No. 1 enemy.
Water can destroy the integrity of your foundation, roof, walls, and floors — your home’s entire structure. So a leaky gutter isn’t just annoying; it’s compromising your foundation.
Water table in Bergen County is high and many older homes suffer from water issues that can be easily mitigated.
Keeping moisture at bay will improve your home’s effective age — or as Dr. Oz would say, “real age” — and protect its value. It’ll also help you prioritize what you need to do. Here’s how:
Follow This Easy 4-Step Routine
1. When it rains, actively pay attention. Are your gutters overflowing? Is water flowing away from your house like it should? Is water coming inside?
2. After heavy rains and storms, do a quick inspection of your roof, siding, foundation, windows, doors, ceilings, and basement to spot any damage or leaks.
3. Use daylight savings days or the spring and fall equinox to remind you to check and test water-related appliances like your washer, refrigerator, water heater, HVAC (condensation in your HVAC can cause leaks) or swamp cooler, and sump pump. It’s also a great time to do regular maintenance on them. Inspect any outdoor spigots and watering systems for leaks, too.
4. Repair any damage and address any issues and leaks ASAP.
Don’t procrastinate when you spot minor leaks or drips inside your house. Ongoing small leaks can slowly erode pipes and fixtures, and even cause mold and mildew issues you won’t notice until it’s too late.
Say you’ve got a bit of cracked caulk around the kitchen window. It may not seem like much, but behind that caulk, water could get into your sheathing, causing mold damage and rot. Before you know it, you’re looking at a $5,000 repair that could have been prevented by a $4 tube of caulk and a half hour of your time.
Once you settle into a routine, it becomes easier to handle other maintenance tasks, which will only do more to protect and enhance your home’s value. Plus, you’ll get to know your home better, which will help you spot other one-off problems, such as termites and other wood-destroying insects, that can cause costly damage.
If You Want to Take Home Maintenance to the Next Level . . .
If you’re a geek about home maintenance like we are, and you want to do more than water patrol, these ideas will help you keep your house in great shape.
Give yourself an incentive to do maintenance. Maintenance is your springboard to sexier projects like a kitchen remodel or basement makeover. So plan a room-per-year redo. This way you’re maintaining, fixing, and improving. For example:
In your basement:
- Check for dark stains that could signal plumbing leaks. If you find any leaks, fix them.
- Check your ductwork for leaks that are wasting energy.
- Clean the lint out of the dryer vent. The machine will last longer, and you’ll help prevent fires.
- Caulk and seal basement windows to stop air leaks.
- Once your space is moisture sealed, you can start converting it into a family room or other livable space.
- Add a basement ceiling.
- Brighten it up with paint.
In your kitchen:
- Clean out all the cabinets, then wipe them down. It’s a great way to purge and get organized.
- Take a good look under your kitchen sink. Remove all the wastebaskets and cleaning supplies to help you spot any leaks, and fix them.
- Pull out the fridge to give that yucky alcove a thorough cleaning. Check the drip pan for moisture that can spawn mold growth.
- Update cabinet hardware and adjust hinges if necessary.
- Re-caulk the seam between your back splash and wall to keep moisture out. To give your whole kitchen a low-cost face lift, how about a new back splash?
- Re-paint the walls using paint with a tough, semi-gloss sheen that stands up to repeated cleanings and resists moisture.
If you are planning on putting your house for sale this spring you would be well advised to consult with a Realtor who can direct you as to what repair investments are a must and , what repairs will actually bring you the most dollars for your home.
Most maintenance issues come up in the home inspection and are usually cheaper to fix before