})(); 5 Ways to Maintain Your Home’s Value - ALCOVA Mortgage

5 Ways to Maintain Your Home’s Value

View of Wilmington North Carolina from across the river

Purchasing a home is a major investment, yet some home owners experience a decrease in the value of their house over time. Prevent this from happening by following these five tips that can maintain or even increase your home’s value!

The Curb Appeal Impact

Whether you are considering listing your home or simply want it to look its best, curb appeal is a vital factor to caring for your home’s value. Remember, the front door and the surrounding yard is the first impression so make it a good one! Creating an attractive entrance doesn’t have to take a lot of time to maintain either. Consider something simple ideas like painting the front door, giving your mailbox a makeover, or adding landscape lighting.

Fresh Coat of Paint

A coat of paint on both on the interior and exterior of your home is one of the quickest ways to give your home a fresh look. Several factors such as regional climate or the paint quality from the previous job influence how often you will need to repaint, but generally it should be done every five years for the interior and every ten years for the exterior.

Updated Appliances

Whether you own an older house or plan to live in your current home for a decade or longer, you will eventually reach the point where you need to update your appliances. Out-of-date stovetops, refrigerators and mis-matched appliances might turn a potential buyer away. Stylish updated appliances, however, can make the whole house more desirable. Modern, energy-efficient appliances are well-known money savers that might make your home look like a better investment.

Bug Issues

Termites and other pests search for opportunities to sneak into your home through the tiniest of cracks and crevices. Don’t wait for them to creep in and start causing damage to your home. Be proactive by working with a local pest professional to have your home consistently treated to keep them out!

Roof Maintenance

Replacing the roof on your home can be a big investment, but one that is important to maintain the value of your home and prevent issues like leaks. According to the National Association of Home Builders, slate, copper and tile roofs can last more than 50 years, wood shingle roofs last about 30 years, fiber cement shingles last about 25 years, and asphalt shingle/composition roofs last about 20 years. These lifespans, however, do not take into consideration harsh climate and weather conditions, such as snow, hail and hurricanes, that can significantly affect roofs. Homeowners should constantly be on the lookout for any roof issues so check often for loose shingles and clogged gutters which can result in pooling water and eventual damage.

3 Home Fire Prevention Tips You Need to Know

National Fire Prevention Week (October 6 – 12, 2019) serves as a good reminder that there’s never a bad time to review fire safety tips with your family and make sure that you are practicing fire prevention in your home.

ALCOVA-color-bar
color-bar-mobile

Equal Housing Lender LogoALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA (License #42101), KY, MD, NC, PA, SC, TN, VA, WV | 308 Market St SE, Roanoke, VA 24011

Equal Housing Lender LogoALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA (License #42101), KY, MD, NC, PA, SC, TN, VA, WV | 308 Market St SE, Roanoke, VA 24011