Buying property is most likely the largest financial commitment you will make, and it is also a long-term one considering that homeowners will often only realise returns on their investment after five years or more.
“When it comes to owning property, there is always something that requires maintenance or attention. The holiday period is the ideal time to tackle what needs to be done and help improve the value of your asset,” he says.
Knowing that it is such a large financial investment, it would make sense for homeowners to consistently maintain and improve their home to ensure that the investment is protected and grows in value.
It is also important that homeowners don’t spend too much on home improvements
Projects that homeowners can undertake to spruce up their home and have it looking great:
1. A fresh coat of paint
Whether on the exterior or interior of the home, a new coat of paint can refresh a home’s look and give it a complete facelift. Sticking to neutral colours as a vibrant colour palette can be visually interesting, but possibly limit the home’s appeal with potential buyers.
2. Landscape and add water-wise elements to the garden
- A manicured garden is always appealing!
- Adding paving or hardscaping elements, such as a stone walkway, will reduce water consumption while adding to the aesthetic appeal of the exterior.
- Ensure that only indigenous plants are used as they consume very little water and require minimal maintenance.
3. Get rid of the clutter
There are a number of non-profit organisations that will be collecting items for the underprivileged. This is a great opportunity for homeowners to clear out some of their clutter while aiding a worthy cause. A decluttered home will feel more spacious and will be easier to clean and maintain.
4. Perimeter and security upgrade
Whether they are motorised or not, entrance to the property and the security gates will require some maintenance, even if it is just a coat of paint and oil on the hinges. Other aspects to check would be the intercom system to ensure that it is working correctly.
Security elements add value to a property and increase buyer appeal, it is vital to ensure that the home’s security is up to standard and working as it should.