As the winter season comes to a close it’s time to start thinking about spring maintenance for your investment properties. While it may seem like an unnecessary expense regular maintenance can actually save you money in the long run. Here are a few reasons why investment property owners should conduct spring maintenance on their investment properties.
Preventative Maintenance Saves Money
Regular maintenance can help prevent larger, more expensive problems down the line. For example, cleaning out gutters and downspouts in the spring can prevent water damage from occurring during the rainy season. Fixing small leaks and cracks now can prevent more substantial water damage and mold growth. By addressing these issues early you can save yourself a lot of money and hassle in the future.
Maintaining Curb Appeal
Spring is the time when the grass starts to grow, flowers start to bloom and the weather is generally more pleasant. It’s also the season when potential renters or buyers will start to look for their next property. Maintaining curb appeal is essential to attract tenants or buyers to your property. Regular maintenance like trimming trees and hedges, mowing the lawn and cleaning up debris can make a huge difference in the appearance of your property.
Keeping Up with City and Municipal Regulations
As a property owner it’s important to stay up to date with local regulations and codes as regular maintenance can help you avoid violations and fines. For example, if you have a rental property you may be required to have working smoke detectors and carbon monoxide detectors, maintain your grass in a state of repair and have perimeter drainage and foliage in a good condition. Checking on these items during your spring maintenance can help you avoid any violations or legal issues.
Improving Energy Efficiency
Spring maintenance can also help improve the energy efficiency of your property. Replacing air filters, checking insulation and sealing any gaps or cracks can help reduce energy consumption and save you money on utilities. Additionally, installing energy-efficient appliances and fixtures can also help reduce energy costs in the long run.
In summary, conducting spring maintenance on your investment properties is a smart move for any property owner. It can help prevent costly repairs, improve curb appeal, keep you up to date with regulations, and improve energy efficiency. By investing in regular maintenance you can keep your property in excellent condition and save yourself money in the long run. As we welcome in the beautiful Vancouver weather we’d like to take a moment to remind you that when working with a professional property management company like Sycamore you’ll have access to an array of trades professionals who will be able to assist with keeping your property in excellent condition, maintain satisfied tenancies and above all protect your investment.
Welcome to the Sycamore Blog
We understand how scary the thought of a damaged home is and we care about protecting your valuable asset. While wear and tear is to be expected when renting out your home; what forms as an excessive amount and who is responsible for it is our job to determine, a job that we do very well.
It starts with placing the right tenant and with our years of combined experience managing basement suites to luxury estates we have proven processes in place such as comprehensive screening processes, preventative maintenance trackers, rigorous inspections and condition reports to ensure you receive your home back in the best condition possible. In the rare event that it is not the case, we will work tirelessly alongside to guide you through the legal avenues available ensuring you get what is owed to you.