Owning a home isn’t just about reaping the benefits. Though there are quite a few benefits. It’s important to maintain your home. Here in Vancouver and the Lower Mainland, we are faced with the highest property prices in Canada. So if you’re able to afford a home, you should be able to afford the maintenance and upkeep involved to keep your home at its best. Failing to do so can seriously devalue your home and you could end up losing money when you’re ready to sell, upgrade or downsize in the future.
Homeownership means taking care of your home regularly, that includes maintenance, repairs, upgrades, and fix-it jobs required every so often. While some projects can be done with a couple hundred dollars and a quick trip to the big box stores, other projects require professionals and a larger budget.
Think of things like changing your roof or your windows in older homes, replacing walls and joists that have mold build-up inside, compared to a quick coat of paint, reseeding your lawn, or even changing the hardware on your front door. The more ‘on top of’ home maintenance you are, the better off you’ll be in the long run.
Read moreWhy Maintaining Your Vancouver Area Home Is Worth The Money