The volatility of the real estate market is concerning for many homeowners. Smart investors position themselves to preserve their property values over time. When everything in the world seems uncertain, homeowners want the security of knowing that their home and property value is safe and secure. While it’s impossible to predict the future, there are a few concrete ways that you can preserve and increase your home’s property values over time.
Make Strategic Upgrades
One of the best ways you can preserve your home’s property value is by making upgrades from time to time; seek to modernize your home or bring it in line with what buyers expect. Today’s buyers are looking for updated kitchens, open floor plans with flexible living space, and energy efficiency. Consider investing in new kitchen appliances, finishing your basement, and lowering your home’s energy costs. These upgrades will increase your quality of living, as well as preserving your property values.
Preserve Your Property Values: Watch for Signs of Damage
As Benjamin Franklin once wrote, “An ounce of prevention is worth a pound of cure.” While this quote is often used in the healthcare community, it’s just as applicable in real estate. It’s important to learn how to spot signs of damage to your home. Watch out for mold, structural damage, and leaks. Even minor leaks can present major issues for your home. Catching (and fixing!) these minor issues early will preserve your property values over time by ensuring that small issues don’t become bigger ones.
Talk to a Professional
If you aren’t sure what you can do to boost your home’s property value, you should look into getting some advice from a professional. Call a sales agent for a consultation; you don’t need to list your property on the market in order to talk to one, and they may notice small problems that can have a big impact on your home. A sales agent can offer a valuable new perspective on your home.
You should also call a home inspector. These inspectors are trained to notice structural or mechanical problems that have the potential to cause damage in the future. They can give you a list of repairs you can make and help you prioritize them in order of importance.
You can preserve the property values of your home by making strategic upgrades and carefully watching for any signs of damage. If you aren’t sure where to start, consider talking to a professional. These three strategies can provide you with the security of a plan for your home’s protection.
For more great real estate investing tips, attend one of our monthly meetings!
See you at a meeting soon!
The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education, and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agents, brokers, investors, hedge fund managers, rehabbers, wholesalers, and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that it does not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
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