When you start raising a family, a common goal is to buy a house, and then keep it in good working order. But there are reasons not to just keep it at a level of being good, but at a level being excellent. There is something to be said for being average or just operating in a neutral mentality, but even taking a little bit of extra effort to make your home a better place pays off dividends.
Some of the reasons you might want to keep the value of your home higher include in case you ever need to get an appraisal to sell the home, the fact that household activities are easier and more comfortable in a high-value home, the idea that making your neighbors happy is important, and the sense of personal worth that comes with a household that maintains exceptional value.
In Case of the Need for an Appraisal of Sale
When you need to get your house appraised, you’d be surprised how many things the appraiser can find that devalues your basic number offhand. That said, rather than rushing around at the last minute to try and upgrade and update things, it’s probably a better idea to simply maintain things at a high level. Small details make a big difference to an appraiser. So if you have rusty latches or windows the don’t close all the way, those are some of the first things that you should clean up and take care of. Appraisers tend to look at the value of a home in larger increments, so what you want to make sure that you do is fix anything that is less expensive than that increment.
Household Activities Are Easier and More Comfortable
When you have a nice house, it just feels better to live there! For example, if you have redone your kitchen to make it so that cooking and storage is enjoyable, that’s a benefit for everyone. If your kitchen is in disrepair, it means you probably don’t want to cook! So the value of the kitchen directly relates to the value of the household activity.
Making Your Neighbors Happy
If your home has good curb appeal, that will make your neighbors happy as well. It will increase the value of the neighborhood as well as your house, and you won’t get some of the potential complaints that tend to occur between certain groups of people that live in a more contained area.
Sense of Personal Worth
In the end, how you treat your house says a lot about how you think about your own value regarding worth. If you have a high value, high-quality household set up around you, you tend to feel good about yourself. If things are in disrepair, or you just have not been consistent about maintaining the basics, it can feel like you personally have a set of issues to work through.