Problems Eating Your Property Value?

House and Money on Scales

Picture Via Flickr

Previously, we’ve talked about how to add some value to your home, so it makes sense to think about some of the issues that could be tearing it down. There are quite a few to contend with here, and you might be completely oblivious to some of them. There could be issues in your home, costing you money and you might not even be aware they exist.

So, what type of trouble are we talking about here?

Literally, Eating The Value!

Did you know that termites are a lot more common than people think? In LA alone, 1 in 5 homes have termites and if you think that’s crazy, just wait. According to sites like, termites can cause thousands worth of property damage. While they might not look that fierce, they will eat away at your home from the inside. If you have a lot of wood in your home, it’s basically heaven for a termite. They’ll chomp through quite happily until you get rid of them.

Unfortunately, getting rid of these mites is a lot harder than it seems at first glance. You will almost definitely require a professional exterminator.

No Changes In Years

When you buy a home, you have to think of it as an investment. As such, you should be doing everything you can to grow what it’s worth otherwise it will depreciate in value. For instance, you might not make any changes to your kitchen for five years. If you don’t do any renovation work at all, when it’s time to sell your kitchen will be completely out of style. You’ll have no choice but to accept a lower offer on your home.

Roof Damage

The roof is one of the most expensive areas to repair in a home. Any problem with the roof could easily put off a potential buyer. That’s why you want to get your roof checked before you even consider putting it on the market. In fact, you might want to arrange for a roof inspection once a year. You’d be surprised how easily a roof can get damaged due to bad weather, particularly in the winter months.

Dastardly Damp Patches

You must make sure that there is no issue with damp in your home. You might think that damp isn’t all that serious. After all, you can clean it up with a humidifier in no time. You can buy a humidifier from a site such as However, it does depend on what’s causing the damp patch to develop. If it’s a permanent issue like a leaking pipe, it’s just going to keep coming back. Eventually, it will damage the structure of your property, so you need to be careful.

Little Breaks

Finally, don’t make the mistake of thinking that buyers won’t look at the little details. They definitely will, and that’s why you should spend a couple of months fixing anything broken around your property. This could be a loose garden gate or a few marks on the wall in your living room. It all adds up and will ensure you get lower offers than your home deserves.

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