Monday, November 23, 2009

Improve or Move?

Right now, during these difficult economic times, many property owners are choosing to improve their commercial property rather than move. By doing so, when the economy changes they will have increased the value of their property and will be able to sell it at that point. There are many ways to improve your property and add value, including: repairing and replacing your roof, repainting the interior and exterior of your property, installing energy efficient products, providing curb appeal through landscaping, upgrading fixtures, and doing basic maintenance and pest control.

  • Repairing or Replacing Your Roof- Make sure that you keep your roof in good repair and when needed, replace it. Check with your roofing professional to see if you need a new roof, have venting problems, have loose shingles, or have any other roofing issues that are in need of repair.
  • Repainting- repainting your property not only helps maintain the property but it is also appealing to buyers when you decide to sell. Keep neutral colors in mind, however, so that it will be appealing to a large number of buyers.
  • Installing Energy Efficient Products- replace old windows, appliances, hot water heaters, and heating and a/c units with newer energy star rated ones. This will help decrease your energy bills and will be attractive to buyers.
  • Providing Curb Appeal through Landscaping- make sure that your landscaping is attractive to buyers. An attractive exterior can help ensure that buyers will at least take a peak inside. Also remember to provide landscaping that will look good in every season.
  • Upgrading Fixtures- this is an easy and often inexpensive way to improve your property. Replace doorknobs, cabinet pulls, light fixtures, and plumbing fixtures for newer ones.
  • Doing Basic Maintenance and Pest Control- this is one of the best ways to improve your property and prevent buyers from walking out the door. Many buyers simply don't want a "fixer upper" or problems with pests. They want it move in ready. Simple maintenance and pest control will keep buyers interested and will help prevent more expensive repairs later.
Remember, if you don't have the time or skill, hire a professional to do needed improvements and repairs. A poor repair job won't attract buyers when you decide to sell. Check our the professionals listed below or visit www.tulsahomemaintenance.com for a complete list of professionals.