Refresh Your Property: The Value of Regular Maintenance and “Touch-Ups”
As a property owner, keeping your property looking its best is key. This not only keeps your property looking fresh and inviting but also helps protect it from damage. At Household Properties, we know how important this is, and want to share some benefits and cost-effective tips with you.
Benefits of Regular Maintenance and “Touch-Ups”
- Enhanced Curb Appeal – The first thing people notice about your property is its exterior. A fresh coat of paint, clean windows, an entrance clear of dirt, dead leaves and cobwebs, a tidy lawn or manicured garden and the right lighting can all make a big difference, making your property more attractive to potential tenants or buyers.
- Increased Property Value – A well-maintained property is worth more. It show cases that the property is cared for, which increases its market value. Less to do for prospective purchases. Walk in and nothing more to spend definitely has its value. Doubt can enter minds of attendees who often see one problem and wonder if there are more – it’s a confidence thing!
- Increased Rental Return – With all the new builds in Sydney, tenants are becoming more picky. Their expectations of walking into a new, near new or renovated home is on the increase. Older style properties not presenting at their best are experiencing a growing gap in terms of rental return.
- Protection Against Wear and Tear – Paint acts as a barrier, protecting your property’s underlying structure from weather and other elements. Touching up paint can prevent small issues from becoming big problems, saving you money on associated repairs.
- Tenant Satisfaction and Retention – A clean, well-maintained property attracts better tenants and keeps them house proud and happy. They’re more likely to stay longer and having set the example, take care of your investment, effectively reducing the turnover costs of finding new tenants too.
Tips for Maintenance and “Touch-Ups”
- Choose the Right Materials – For example, use high-quality, weather-resistant paint for the exterior and durable, easy-to-clean paint for the interior. Neutral colours appeal to most people. Which flooring is better? Water resistant, or scratch resistant? What situations will insurers cover and for what reasons? What is the best materials to install in your rental property? Ask a professional tradesman and / or property manager to inspect and advise.
- Preparation – When it comes to painting for example clean and dry surfaces before painting. Sand rough spots and fill any holes or cracks to ensure a smooth finish. And a primer helps the paint stick better and cover old colours or stains, giving a more even and long-lasting finish.
- Regular Inspections – Check your property regularly for areas that need touch-ups. Fixing small chips or cracks right away keeps your property looking good, and can prevent bigger cracks developing. Issues with expansion and contraction due to seasonal temperature changes is very common. Structural Integrity, Insulation and pest control issues can follow if larger cracks result.
- Hire Professionals – Hiring professionals ensures a high-quality job. They have the skills and tools to do it right, saving you time and effort. They are more likely to provide warranties and more likely to be insured, so check!
- If they are charging GST, check they are registered! Go to https://abr.business.gov.au/ and make sure they aren’t charging 10% extra, for nothing! With residential investments you cannot claim back the GST either.
Conclusion
Regular maintenance and touch-ups is smart spend for property owners. They enhance your property’s look, protect it from damage, and increase its value. Let Household Properties handle these tasks for you, so you can enjoy peace of mind knowing your property is well cared for.
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