Maintenance Maintains Value:
This title is not too trite to be true!
Value isn’t just in a home’s current price, but in how well it matches year-over-year local price changes. Some homeowners seek to add value with upgrades. But too many forget their home can’t even keep its value without maintenance.
It’s true that replacing old roof shingles or re-painting exterior trims may not add value, but failing to do so can seriously reduce ultimate sales prices. So please be aware that an unkempt house & untidy garden may actually reduce not only the value of your own home but also that of your neighbors.
As an example, we sold a big house for much more than any comparables on 3 adjacent streets. It was immaculately maintained but had no modern upgrades. Our sale’s success was likely due as much to the home’s great maintenance, and its neighbours spiffy appearance, as to our undeniable marketing skills! Other recent sellers on those streets had invested hundreds of thousands of dollars on upgrades. But their net profit after all that spending was much less.