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Save money by seeing to home repairs promptly

28 Mar 2024

Property News

Brought to you by Property24

Procrastination often comes at a cost, and when it comes to home maintenance, these costs are high. Choosing to neglect home repairs can lead to costly contractor bills and is likely to result in a lower selling price if issues are not rectified.

READ: Ways to ensure your home holds its value over time

According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, protecting a property’s resale value should be a homeowner’s main priority if they want to ensure the best possible return on investment.

“What starts as a tiny crack or a minor leak can quickly escalate into a major problem if left unattended. A small water leak, for example, can gradually lead to mold growth, structural damage, and even compromise the integrity of your home's foundation. By addressing issues promptly, you can nip them in the bud, preventing them from spiralling into more extensive—and expensive—repairs,” he explains.

Goslett adds that a well-maintained home retains its value better than one that has been neglected. “Sometimes, the need to sell can arise suddenly. If a homeowner has kept the home well maintained, they put themselves in a better position to earn a higher return on their investment if they suddenly need to sell the home quickly,” he notes.

He also advises landlords to act promptly when a tenant raises a maintenance issue and reminds landlords that repairs can only be at the tenant’s own expense if the tenant has caused the damage owing to wilful or negligent actions.

“Depending on the severity of the damage and the wording of the contract, a landlord might be in breach of the rental agreement if they fail to see to the necessary repairs within a reasonable time frame. This is why I would always advise landlords to have an emergency fund set up to pay for any repairs that might suddenly arise within their rental portfolios.”

READ: 7 cost-effective improvements to boost your property value

One additional benefit to seeing to repairs promptly is that it might even reduce your monthly utility costs. “For example, sealing gaps and cracks in doors and windows prevents heat loss in winter and keeps your home cooler in summer, reducing the workload on your heating and cooling systems and lowering your electric bill. Similarly, replacing leaky or faulty faucets can reduce your water consumption and lower your monthly water bill,” says Goslett.

“Attending to home repairs promptly is not just about maintaining the overall appeal of your property; it's a prudent financial decision that can save you a significant amount of money in the long run,” he says.

READ: 5 improvements to consider to maximise the value of your investment property

Here is a look back at David JacobsGauteng Regional Manager for the Rawson Property Group, favourite DIY home improvement ideas:

Kitchen facelifts

Kitchens are renowned for their impact on the value of a home, and clever updates in this area can give a lot of bang for your buck. Concentrate on external surfaces like countertops and cabinet doors, which are easy to refurbish without professional help.

Cabinet doors

Modern buyers definitely prefer light and bright kitchens and repainting old, dark cabinets a lighter or more modern colour can really open up a space.

Solid wood cupboard doors can be sanded down using a palm sander before painting, while melamine cabinets need to be primed with a special primer before they’ll be ready to paint. Remember to remove the doors from the cabinets and take off all the handles and hinges before sanding and painting. Use a foam roller with a water-based enamel paint for the smoothest and long-lasting finish.

Countertops

Great countertops make a big difference to both a kitchen’s appearance and the cooking experience. Granite, Caesarstone and marble counters are always crowd favourites, but they do cost a fair bit and need to be installed by professionals. Timber and Formica are much more approachable and affordable for the DIY family, and can be just as attractive if they’re chosen and installed well.

When selecting a Formica finish, Jacobs recommends avoiding dated options like faux granite or marble.

Modern wood grains and minimalist textures give the best results. A square edge profile rather than the traditional quarter-round also adds a more contemporary flavour.

For the more adventurous DIYer, there are also options like casting your own concrete countertops. Just keep in mind the general style of your home, and make sure your countertop choice enhances its surroundings.

Your garage

Garages may not seem like the most important part of a home, but Jacobs says homeowners can add a lot of value to their property by turning them into more functional spaces.

Garages are often underutilised. They’re ideal spaces for adding extra storage - something that is very important to a lot of buyers, and can often accommodate a mini workbench or laundry area with a little planning.

While adding a laundry corner to your garage would require a plumber, storage is an easy weekend DIY for the handyperson in your home.

You can buy ready-made cupboards and shelves from your local hardware store, but budget-conscious DIYers can also try second-hand websites to find old kitchen cabinets to mount along their garage walls.

For those with less available space, hanging storage may be a better option. Try pegboard walls with hooks for holding everything from bicycles to lawnmowers and secateurs.

Update outdoors

Garden spaces are still very popular with buyers, but a bigger emphasis is being put on ease of maintenance.

Water-hungry lawns and labour intensive plant beds are falling out of favour, but outdoor entertainment areas are in high demand. Homeowners with a flair for DIY could do well to combine these two trends by adding paved or gravel sections to their garden, and possibly a pergola or a built-in braai.

While paving may be hard work, it is DIY-friendly, as is the basic brickwork required for a simple braai. Construction plans for braais and timber pergolas can be found online, and all supplies are available at your local hardware store.

Remember, low-maintenance doesn’t mean bare of all greenery and life - try to at least keep a border of plants or creepers, and definitely preserve any mature trees.

Restyle your bathroom

Bathrooms may be tricky to totally revamp as a DIYer, but small updates can make a big difference here. Try a fresh coat of paint on your walls and ceilings and replace old-school towel rails and accessories with more modern versions. You can also refinish your bathroom cabinets, or replace your vanity entirely. Adding a few stylish mirrors or display shelves can be a great idea as well.

Retiling makes a huge difference, but it’s a pretty big DIY. If you’re not up for a project of that scale, you could consider refinishing your existing tiles using the specially formulated tile paints that are now available.

If you do decide to paint your tiles, just remember to follow the instructions very closely. For the best finish, avoid areas like shower enclosures that get wet on a regular basis.

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