Maintaining Your Boston HomeJanuary 26, 2013
You have made a considerable investment by purchasing real estate in Boston. Once you own property, it’s important to maintain its value or add to it. If you purchased a Boston home that is turn-key and you don’t need to make any major improvements, focus on home maintenance.
Adding Value to Your Real Estate in Boston
Condominiums are maintained by the condo associations. Any work to the common areas, including general wear and tear, is covered by all homeowners in the association through monthly dues. In case you buy a Boston condo, it’s important to make sure that the building is well maintained and work is not obviously neglected. Home owners should repair their homes as necessary and stay on top of routine fixes, including windows, roofing, siding, gutters and downspouts, exterior paint and landscaping. The exterior of a house can attract or deter buyers from caring about its interior.
If you are buying a Boston home that requires work (exterior or interior), improvements can certainly add value to your initial investment. These improvements can be done in stages if there are financial limitations. Buying a home to renovate is a great future investment, but make sure that you are financial able to do it right. An improved, well designed and well-appointed home is by far more attractive and more sellable ultimately. The amount of time, energy and resources are clearly reflected in the finished product.
Major renovations aside, as a homeowner, it’s important to keep up with the wear and tear of exterior and interior elements, including paint, floors, appliances, heating and/or cooling systems, electrical, plumbing, bathroom fixtures/broken tiles, etc. Don’t neglect your investment.
I’ve worked with a number of wonderful contractors and interior designers throughout the years. Contact me for a referral if you’re exploring renovation options.