As a homeowner, I have realized that maintaining it requires more responsibility than a rental flat. This is because I must fix any breakage as there is no landlord to handle the problem. Therefore, the responsibility to keep my home clean and maintained rests squarely on me. From furnishing my home by updating the carpets and rugs to those as seen here at Bazaar Velvet, to ensuring any leaks or breakages are repaired ASAP. This is the advice that I was given by mortgage lenders and realtors. The following are some of the benefits of maintaining a well-furnished and functioning home.
My main reason for recommending regular and thorough home maintenance is that it saves money. As much as home maintenance involves hard work, dedication, and some money, it goes a long way in cutting down the costs that I would have incurred if I had failed to maintain my home. According to home care experts, for every dollar that I spend on preventative home maintenance, I stand to save about $100 in possible repairs in the future.
For example, by fixing small problems like a clogged drain and dirty filter now, I spare myself the rigmarole of fixing burst pipes and burned-out HVAC motors if the problems worsen in the future. Moreover, by investing in new rugs and carpets before they become too dirty or damaged, I can protect my underlying floors.
Ultimately, bigger breakages of course attract more significant costs.
Home maintenance involves fixing a task over and over again while providing my home’s working parts with the much-needed upkeep. To maintain a desired level of cleanliness, I will have to keep sweeping it week in week out. The frequency of cleaning household items and surfaces vary. For instance, I may not clean my dishwasher’s filter or unclog my bathroom drain with the same frequency as sweeping the floor.
I clean and maintain other parts of my home to keep them usable in the same manner that I sweep my floor to keep it usable and clean. The HVAC system heats and cools the air in my home. Therefore, I must ensure that the furnace filter is always clean if I want to avoid paying more for electricity or gas. Likewise, to ensure that my food remains cold in the fridge and so that I can cushion myself against more energy expenses, I must ensure that the evaporator coils under my fridge are always clean. The secret to keeping my home running efficiently is by maintaining it well. It also helps lower my utility bills.
The moment a car leaves a showroom and drives off the lot, its value depreciates immediately. Consequently, my car’s resale value decreases the longer I drive it due to wear and tear. However, this principle does not apply to the home. In sharp contrast, the more I stay in a home, the more it appreciates its value. The value of a home depends on the market dynamics, but how I maintain it can also affect its value.
For instance, if I float my home for sale today yet I haven’t maintained the systems and appliances well, the home inspection is likely to give a negative review of my home citing existing or potential problems. As such, potential buyers will demand a discounted rate depending on the issues that need fixing or they might ask me to do the repairs and replacements that are likely to cause problems if they purchase the home. With such expenses, it means that I may not get as much money as I had projected should I sell my home.
But if I adhere to the manufacturer’s instructions and maintain all the appliances and systems in my home, then I expect a very positive review by home inspectors. This in turn increases the value of the home.
Generally, home insurance and home warranties do not cover breakdowns resulting from poor care or lack of maintenance. I did research and couldn’t find an insurance company that can cover flooding in my attic or roof if they find that the flooding was because I didn’t clean the gutters. Similarly, a home warranty won’t cover repairs or replacements if the fan burned out due to excessive strain because I did not change the filters on my HVAC for a year.
Therefore, a warranty company will only repair or replace appliances and systems in my home if I show that I tried to maintain them but failed. A major advantage with a home warranty is that when my systems and appliances get old and wear out, I will get replacements at a flat-rate service call fee.