What Can I Do to Protect My Future Resale Value?

For most homeowners, buying a home is one of the biggest financial investments they’ll ever make. Whether you plan to stay in your home for years or consider selling down the line, protecting and maintaining your property value is key to ensuring a strong return on investment (ROI) when it’s time to sell. 

We have some tips to help you preserve your investment with basic home maintenance steps. 

Keep Up With Maintenance and Repairs

One of the most effective ways to protect your home’s value is by keeping it in excellent condition. Deferred maintenance can lead to larger, more expensive issues that can significantly reduce your home’s resale value.

Pay attention to these things:

• Regularly inspect your roof for damage and leaks.
• Service your HVAC system at least twice a year.
• Keep gutters clean to prevent water damage.
• Address plumbing and electrical issues as soon as they arise.

Buyers are more likely to pay a premium for a well-maintained home, and home inspectors will flag any major issues that could derail a sale. Set your future self up for success by keeping up with basic home care.

Refresh the Aesthetics

While you certainly don't have to keep up with all the home design trends, there is a risk to letting your home become totally aesthetically outdated. Even if the home is in great condition, outdated design can be a major deterrent to future buyers and result in a lower purchase price. And don't worry: keeping your home modern doesn’t mean doing a complete renovation every few years. Small, consistent updates can prevent your home from feeling outdated and ensure it remains competitive in the market.

Curb appeal and modern interiors go a long way in maintaining and increasing property value. Keep these things in mind:

• Refresh your home’s exterior with a new coat of paint.
• Upgrade kitchen and bathroom fixtures over time.
• Keep landscaping neat and add low-maintenance plants.
• Replace outdated flooring or worn-out carpets.

First impressions matter, and a home that looks well-maintained and stylish will attract more potential buyers.

Invest in Energy Efficiency

As your home requires updating, focus on sustainability. Energy-efficient upgrades not only reduce utility bills but also make your home more attractive to eco-conscious buyers. Today’s buyers are often willing to pay more for homes that have green features and lower operating costs.

Start with these tips:

• Install energy-efficient windows and doors.
• Upgrade to a smart thermostat to optimize energy usage.
• Consider solar panels or energy-efficient HVAC systems.
• Seal air leaks and add insulation where needed.

Smart Home Upgrades

Incorporating smart home technology into your home can boost its appeal to tech-savvy buyers. From smart thermostats to video doorbells, even simple upgrades can make a big difference.

Smart homes often sell faster and at a higher price because buyers see them as more modern and efficient, so consider:

• Installing a smart thermostat that learns your schedule.
• Adding a video doorbell and smart locks for enhanced security.
• Upgrading to smart lighting that can be controlled remotely.

By focusing on the right improvements and keeping your home in top shape, you can maximize its value and enjoy peace of mind knowing that your investment is secure. If you're interested in learning more about the value of your home in St. George or buying a new home, contact us any time. We're your St. George real estate experts, ready to help.