In the last couple of years, we have heard nothing but how much home values have fallen. Rather than simply get “Eyeore syndrome,” there are things that we can do that will help us to maintain our home values. If you are in a high foreclosure area, this won’t protect you entirely, but it can help minimize the effect on you and your family.
The first thing is to look at your curb appeal. Is your yard well maintained? Do the trees have scraggly branches hanging down? Are there cracks in your sidewalk? Are there overgrown bushes in the yard? This is the first thing that people notice when they look at your home, and if the yard is not attractive, they usually will not even get out of the car. Nobody wants to live in the Adam’s family home. Getting your landscaping under control and looking good will go a long way toward maintaining and increasing your home’s value.
Is the outside of the home attractive? Is there any peeling paint or faded paint? If you have siding, are there any cracked panels? Take the time to get the outside looking fresh and new, and the home will be more inviting to friends and potential buyers.
In most parts of the country, foreclosures have become way too common. One of the ways that you can help maintain your home’s value has nothing to do with your home. When a bank has a foreclosed home, if the home gets broken into they will often board up the windows with plywood. While that certainly helps to protect their interests, it does nothing to help you. When buyers drive down your street, if they see a lot of boarded up homes, your home value just tanked. If there are a lot of foreclosures on your street, be vigilant. If you see activity around a foreclosed house that doesn’t seem right, call it in. It’s worth the potential embarrassment to avoid a bunch of boarded up houses on your street. Also, contact the bank to see about arranging for the yard to be mowed. Unkempt neighborhood yards will also have a negative impact on you. You might even be able to earn a little extra money. Even if they do not agree, it might be in your best interest to take it upon yourself to mow the yard for the bank. It will make the area appear to be more lived in and appealing.
Now is also a good time to look at remodeling and maintenance projects that you may have been putting off. You can make big improvements in the overall appearance of your home without spending a lot of money.
Here at Actsoftx.com, we would be proud to put our 30+ years of experience to work for you in making your home something to be proud of. As always, you are the most important part of our remodeling team.