WHAT HURTS PROPERTY VALUE?
8 THINGS TO ADDRESS NOW
Eric Hooks The value of a property is unpredictable and usually depends on a couple of factors. Anybody who owns a home needs to take note of factors that can decrease the value of a home. Sometimes, these factors cannot be controlled and usually depends on the present situation of the market, the economic status, and the interest percentage. It could be a renovation gone wrong or lack of upkeep of the hoe. Below are eight things that could hurt your property’s value and should be addressed as soon as possible.
BACKFIRED DIY PROJECTS
DIY projects have become quite famous in recent years, and during the lockdown, many people took to checking out DIY projects they could carry out themselves. Most of these projects are usually to make the home more enjoyable; it could merely be a deck, a kitchen extension, or simply a remodel of the kitchen. However, these DIY Projects sometimes do not end well and end up damaging the house; it is best to leave such projects to professionals so as not to hurt your property’s value.
NO CURB CHARM
You know what is being said about first impressions; they can make all the difference for your home when you want to sell your home. Your curb is the first contact that buyers have with your home, and any chipping on your paint or lighting problem won’t go unnoticed by potential buyers. This is why it is best to upgrade the paint of your exterior and the lighting. If the problem is with your fence, then it might be time to change things. 74
l
DAMAGED INTERIOR PAINT
The interior paint of the house also matters because if the interior paint of the house is chipped or low quality, it could hurt the value of your property. It is best to update the painting of your home and get a professional to do the job, so it doesn’t turn out streaky. Trying to do it yourself could even get you to make common mistakes THE POWER IS NOW MAGAZINE | OCTOBER 2020
