Actions to take NOW to Keep Your Property Value from Dropping!

Lesley Pool Texas DFW Realtor Keller Southlake Colleyville Grapevine North Richland Hills Roanoke
Lesley Pool Local Real Estate Agent Keller Southlake Colleyville North Richland Hills Hurst Euless Bedford Roanoke Grapevine Texas Property Value

As a homeowner, property value is KEY when it comes time to sell. One of your top priorities should be maintaining or improving your property’s value. A well-maintained home not only provides you with a comfortable living space but also ensures a solid return on investment when it’s time to sell. In this blog post, we’ll discuss actionable steps that homeowners can take to preserve or enhance their home’s value.

Regular Maintenance and Upkeep:

Consistent upkeep is the foundation of maintaining property value. Create a home maintenance checklist that covers tasks such as cleaning gutters, servicing your HVAC system, inspecting the roof, and sealing cracks in the foundation. Regular maintenance prevents minor issues from turning into costly repairs.

If something breaks, be sure to fix it. And if you don’t know how to fix it, hire someone who does. This will prevent any issues from getting out of hand. It’s often more expensive to remedy any problems the longer you wait. Keep an eye out for any problems with your roof, foundation, HVAC system, gutters, and if a rodent or pest infestation emerges. If you develop any of these issues it’s important to hire a professional immediately. 

Letting your home fall into disarray and neglecting it will hurt your property value and could have dire consequences on your list price. Buyers will want to negotiate repairs to avoid any major expenses following the sale. This is why most buyers require an inspection contingency in their contract. 

Lesley Pool Local Real Estate Agent Keller Southlake Colleyville North Richland Hills Hurst Euless Bedford Roanoke Grapevine Texas Property Value

Maintain Curb Appeal:

First impressions matter, especially when selling your home. Enhance your property’s curb appeal by maintaining a well-manicured lawn, trimming bushes and trees, and applying a fresh coat of paint to the exterior. A welcoming exterior sets the stage for potential buyers.

Remove Excessive Clutter:

Every home manages to accumulate belongings throughout the years, and you usually don’t realize just how much clutter you’ve collected until you’re about to list your home. Just as dirt and grime build-up, so can clutter. If your room is overcrowded with stuff, it’s a good idea to clear some of your belongings out. Donate items you no longer need or want, and find hidden, permanent homes for the items you use just once in a while. 

Before listing your home for sale, declutter and depersonalize the space. Remove personal photos and excess belongings to help potential buyers envision themselves in the home. A clean, clutter-free space feels more inviting.

Flooring Refresh:

Worn-out or outdated flooring can deter potential buyers. Your carpet will be in great condition during the first few years of owning your home, but will quickly begin to show signs of use, start retaining odors, and can be difficult to keep clean. Not only will buyers be wary of wall to wall carpeting because it can be expensive to replace, but it can also collect indoor allergens. If possible, it’s best to stray away from carpet and opt for hardwood, laminate, or tile flooring. Depending on your budget, consider upgrading to hardwood, laminate, or high-quality vinyl flooring.

If your home does have carpet, be sure to get it professionally cleaned periodically to prolong the life of it. It’s also a good idea to have it deep cleaned before listing your home for sale.

Lesley Pool Local Real Estate Agent Keller Southlake Colleyville North Richland Hills Hurst Euless Bedford Roanoke Grapevine Texas Property Value

Kitchen and Bathroom Updates:

Kitchens and bathrooms can significantly impact a home’s value. Consider updating countertops, cabinets, and fixtures to modernize these spaces. Even minor upgrades, such as new faucets or a fresh coat of paint, can make a big difference. As a homeowner, keeping your home in optimal condition and making necessary updates over the years is key to getting top dollar when it comes time to sell.

DON’T Make Unnecessary Upgrades:

Most of the time, home renovations and projects will increase the property value of a home. However, there are certain upgrades that can actually make your home less attractive at resale and can backfire. For example, ripping out a closet or bathroom to create a larger bedroom is generally unappealing to a lot of buyers and could be a costly mistake. When making updates and upgrades keep in mind what would help the home sell faster and for more money in the future if you decide to make a move.

Lesley Pool Local Real Estate Agent Keller Southlake Colleyville North Richland Hills Hurst Euless Bedford Roanoke Grapevine Texas Property Value
Instead, check out this article from Better Homes and Garden- 10 Must Have Upgrades That Are Worth It

Repaint Interior Wall Paint:

The easiest and most cost-effective solution to refresh your home’s interior is to repaint the walls. Choose neutral colors that appeal to a broad range of tastes, as they can make your space look clean, inviting, and well-maintained. A fresh coat of neutral paint on the cabinets, walls, and trim can make all the difference. Consider leaving the painting to the professionals. This way, you’ll avoid the chances of buying the wrong brush or roller, using too much, or not enough paint, or any other common painting mistakes homeowners can make. Check out Southern Living’s article-7 Paint Colors Realtors Say Increase Your Home’s Value.

In Conclusion:

Preserving or increasing your property’s value requires ongoing attention and investment. By following these eight actionable steps, you’ll not only enjoy a more comfortable living space but also ensure that your home maintains or even appreciates in value over time. Whether you plan to sell your property in the near future or want to safeguard your investment for the long term, these tips will help you achieve your goals. Remember, a well-maintained home is a valuable home.

Ready to talk about selling your home? Contact me today!

Interested in learning more about selling for top dollar? Check out the article 12 Hidden Ways Listing Agents Help Homeowners Sell Faster & for More Money!

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