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Why Regular Home Maintenance Is More Than Just a Chore

November 21, 2024 by Kay Monigold

Owning a home is huge and one of the most valuable investments many of us will ever make. Like any valuable asset, your home requires care and upkeep to ensure it stays in great condition, retains value, and remains a safe, comfortable haven.

Here’s why making regular home maintenance a priority pays off in the long run:

1. Preserve Property Value
A well-maintained home can significantly enhance curb appeal and preserve, or even increase, property value. Regular upkeep such as painting the exterior, maintaining landscaping, and fixing minor issues as they arise helps prevent wear and tear. If you ever decide to sell, a home in great condition can command a higher market price and attract more interested buyers.

2. Avoid Costly Repairs
Regular home maintenance can prevent small problems from escalating into expensive repairs. For instance, addressing minor leaks early can help you avoid costly water damage, while keeping gutters clean can prevent structural damage to your foundation. Routine inspections of key systems such as your roof, HVAC, plumbing, and electrical can catch potential issues before they become major headaches, saving you both stress and money in the long run.

3. Ensure Safety and Comfort
A safe and comfortable home is a happy home. Tasks like checking smoke detectors and carbon monoxide alarms, inspecting electrical systems for hazards, and maintaining your heating and cooling systems are critical to your family’s safety. In addition, regular maintenance helps ensure that your home remains a comfortable place to live, whether it’s by keeping temperatures stable, addressing drafts, or making sure key systems are functioning properly.

4. Improve Energy Efficiency
Energy efficiency not only helps reduce utility bills but also minimizes your environmental footprint. Simple maintenance tasks like replacing air filters, sealing gaps around windows and doors, and keeping your HVAC system in top shape can lower energy consumption. Regularly servicing your appliances ensures that they operate at peak efficiency, keeping your home comfortable while saving you money month after month.

5. Extend the Lifespan of Home Systems
Everything from your HVAC system and appliances to your roof and plumbing has a finite lifespan. However, with regular maintenance, you can significantly extend the life of these systems. Proper care, like cleaning and servicing, reduces wear and tear and minimizes the chance of unexpected breakdowns. This means fewer replacement costs and more years of use of your home’s systems and appliances.

Regular home maintenance is an investment in your home’s future, safeguarding its value and your comfort. By proactively taking care of small tasks and addressing issues early, you can save money, enhance your quality of life, and protect the longevity of your home systems. Embrace maintenance as a means of preserving and enhancing one of your greatest investments.

Filed Under: Around The Home Tagged With: Home Maintenance, Preventative Care, Property Value

Should You Relocate A House To Improve Its Value?

August 27, 2019 by Kay Monigold

Should You Relocate A House To Improve Its ValueWhat can be done with a house that is just perfect but it is in a bad neighborhood or a dangerous spot? Think about homes that are in decent condition; yet, too close to the water. America is experiencing flooding now that is not supposed to happen in 500 years.

That cute little beach bungalow could easily get wiped out in the next hurricane. It might be time to think about moving those homes to a safer area or higher ground.

The International Association of Structural Movers says that around 8,000 homes are moved each year in America. Relocation may be due to hazards, such as the erosion of an oceanfront or cliff side lot. Others relocate for their historical value.

What It Takes To Move A Home

There are five main considerations for moving a home, which are:

  1. Legal Issues: Moving the home and transporting it must be allowed by law.
  2. Strength: A home must be strong enough to stay together when disconnected from its foundation.
  3. Lift and Transport: It must be possible to lift the home and transport it to the new location.
  4. Access: Access to the home’s new location must be unimpaired on the route to get there and on the site when the home arrives.
  5. Cost: The cost to move a home may be shockingly prohibitive.

Legal Issues

The legal issues can be very challenging. Do not give up easily, if the idea of moving a home is blocked at first because it may be possible to get a one-time waiver from the regulations.

Strength

Some homes are not strong enough to move. However, it is surprising what is possible if the home and/or lot is very valuable.

There are home-moving projects that lifted Victorian-style homes built over one hundred years ago in the most valuable parts of San Francisco. These homes only moved upwards. They stayed on their lots. The moving project raised them 15-feet higher to allow a garage to be built underneath. These well-built wooden homes survived the 1906 earthquake. They were carefully raised without damaging them.

Lift And Transport

Experts use many techniques to lift a home and prepare it for transport. Homes may be transported by strong flat-bed trucks, by industrial, heavy-lifting helicopters, and on barges in the river or ocean. Homes can be disassembled partially to make moving them easier.

Access

When moving a home, even if separated in pieces, the pieces may be very large. The entire transport route needs to be carefully checked by an engineer for proper clearance heights, enough turning radius when needed, and sufficient width for passage.

Cost

While many homes are movable, the cost may be too high to make it worthwhile. However, the cost to move a multi-million dollar mansion falling off a cliff may be far less than the home’s value, which might otherwise be lost.

Summary

If there is a beautiful heritage home sitting on a cliff’s edge overlooking the ocean and teetering on the edge of collapse, there is a new way to think about it. It may make perfect sense to move it to a lot that is down the street and further away from the edge.

If you are interested in purchasing a new home or refinancing your current property, be sure to contact your trusted home mortgage professional to discuss current financing options!

Filed Under: Real Estate Tagged With: Property Value, Real Estate, Relocation

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Ron MartinRon Martin
Residential Mortgage Loan Originator

NMLS#316821

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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