Why Home Maintenance Is Important

Renting is much easier than owning your home. There is no landlord who will come to fix the problem if something goes wrong; it’s up to the homeowner. It is the homeowner’s responsibility to keep their home in good condition. You have heard from your realtor, mortgage lender, and even everyone on the Internet how important it is to maintain your home.

There are also thousands of ways to do so. Why is this so important? Landmark, as a home warranty provider, is primarily concerned with helping homeowners who are experiencing problems due to age or normal wear and tear. In our contract, we specify that failures of systems or appliances due to lack of maintenance are not considered “normal wear and tear.” It’s not enough to maintain your house for the sake of a warranty (even though that is a great reason!). Home maintenance is essential for a variety of reasons.

Home Maintenance Saves You Money

First, it will save you money. You might think, “That’s not right. I spend so much time, energy, and money cleaning and maintaining. How can I save money with that?”

Maintenance is expensive, requires dedication, and takes a lot of work. However, you will end up saving a lot more money in the end than if it wasn’t done. Why? “Your Money: The Missing Manual” states that for every dollar spent on preventative maintenance, you can save $100 in future repair costs. That’s because if you take care of minor problems (like a dirty filter, clogged drain, or broken pipe) now, they won’t worsen and become more significant issues later. The bigger problems that can arise from not maintaining your home are much more expensive than buying a new filter every few months.

Maintaining Your Home Will Keep It Running Smoothly

Maintenance is an ongoing task. To maintain your home, you have to do the same thing over and over. For example, you have to sweep the floor of your kitchen every few weeks to keep it clean. Imagine the condition of the floor if you didn’t! Now, think about how often you would clean your dishwasher filter or unclog the bathroom drain. Probably not as frequently as you sweep your floor. You probably sweep the floor almost as much as you do your dishwasher’s filter.

You must maintain and clean other areas of your house to keep them functioning well. Otherwise, you will have a less efficient home and end up paying more for gas or electricity if, for instance, you do not clean your furnace filter. Your HVAC system will work harder to cool or warm the air in your house, leading to increased energy consumption. Similarly, the evaporative coils underneath your refrigerator will use more energy if you do not clean them. Maintaining your home will keep it running smoothly, ultimately saving you money on utility bills.

Home Maintenance Increases Your Home’s Value

The value of a brand-new car drops immediately when you drive it off the lot. The same principle does not apply to a house; in fact, you can increase the value of your home by owning it for a longer period. Home values are influenced by the market, but you can have a direct impact on the value of your home by maintaining it.

How does it work? If you decide to sell your house tomorrow and have not maintained your appliances and systems, the inspection report will likely reveal many problems in your home or potential future issues. The buyer may want to negotiate a discount based on any issues your home has, or they may ask you to replace or repair systems that could cause problems in the future. In such a scenario, you will not get as much money from the sale of your home as you could.

If you maintain your appliances and systems according to the manufacturer’s instructions, you would have fewer problems that you’d need to fix during an inspection, potentially allowing you to make more money from the sale of the house. Learn more about home improvement projects that can increase the value of your home.

The more you invest in home improvements and maintenance that will increase the value of your home, the greater the equity you’ll have. Check out our article explaining home equity.

Home Warranty and Home Maintenance

In general, home warranties and insurance do not cover breakdowns due to a lack of maintenance. Home insurance companies are unlikely to cover flooding in the attic or on your roof if you haven’t cleaned your gutters. Similarly, a home warranty would not cover repairs or replacement if the HVAC fan on your system burned out because you hadn’t changed the filter for an entire year. Home warranties require you to maintain your appliances and systems to keep them in top condition and extend their life expectancy. Most home warranty companies will only repair or replace appliances and systems if you have tried to maintain them.

You can save thousands of pounds with a home warranty if you clean and maintain the systems and appliances in your house. Home warranties will replace or repair your old systems at a flat rate service fee.

This post was written by Ted Williams! Ted is the owner of A Old Time Roofing, one of the best roofing companies St Petersburg FL. Ted is a Master Elite Weather Stopper GAF Roofing Contractor, a double award winner of Best Steep-Slope Contractor from GAF and achiever of Master Elite Consumer Protection Excellence from GAF. He has been serving the Pinellas County area since 1978. Old Time Roofing has a tradition of quality workmanship, servicing residential and commercial properties.