Making Sure Your Home is a Good Investment

BOWN BROOK, NJ, 9/18/99 -- Darrell Potter Jr. ...

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How you treat your home is a large part of how good an investment it is. Real estate agents refer to it as “curb appeal.” If your home is in good order and looks nice, it is actually worth a lot more money. There are several ways to ensure that your home remains a good investment into the future.

Maintain the Yard

A few hours each week in the yard, around sidewalks and driveways, along fences and around the foundation of the house, is well spent. Keep them neat and tidy. As you work, you are more likely to notice any problems you need to address before they cause damage. These problems include roots growing into the foundation or under driveways, erosion from rainfall, wasps’ nests and other potential issues.

Inspect and Maintain the Roof

A new roof is expensive, but the damage caused by a leaky roof can cost tens of thousands of dollars. Make a point of walking through the upper level of the home regularly and looking for dark spots on the ceilings that are telltale signs of a leaky roof. Patch it immediately, or get a new roof if it is very old. Clean your gutters regularly to prevent water backup that can damage the roof. Home insurance covers storm damage, but not lack of maintenance.

Maintain the Siding and Windows

Damaged siding and leaky windows are costly on the energy bill, but also lead to mold, mildew and other damage in the walls and inside the home. Seal leaks around windows and have damaged siding repaired immediately.

Shop Insurance Companies

Each year homeowners should compare insurance rates and see if they are getting the best coverage for the best price. A good home insurance policy is the absolute best way to protect the investment you make in your home.

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