Owning your own property is one of the biggest single assets a person may have throughout their entire life; this is true regardless of the economic situation. A home which is well maintained is one of the best ways of not only reducing home repair expenses but increasing the overall value of the property.
If you have just bought a new home, it is recommended to keep an account of the maintenance jobs performed on your house from the time you moved in. This way you can monitor the maintenance details including the condition of your home and the costs of the repairs.
Maintenance costs can be high and generally happen when you least expect. Why not set aside a specific and separate account for house maintenance purposes. Like a medical aid for your home. Prevention, as well as early detection, are really important and will surely help you save a great deal of money.
Remember, you may not be thinking of selling you home right now, but what if you have to sell your home urgently, will you get a good price? Do you have the funds to bring it up to standard?
When adding to your home (extra bedrooms etc.) ensure that you are not over capitalising for your area. Ask your local estate agent for a valuation and their advice about additions. Over capitalising will cost you dearly as you may not be able to sell for the true value of your home.
Keep an lookout for our post on helping you to maintain your home. Should you need renovations, additions or repairs please feel free to contact us for a quote joe@mr-right.co.za
No comments:
Post a Comment