What’s the Best Return on Investment for Your Home? About this Entry: What’s the Best Return on Investment for Your Home? was written March 18, 2010 by Da Vinci Remodeling, LLC. Suggested keyword or bookmark tags for this entry include: Best Return on Investment, Tip, Home Value, House & Home Book Please submit any responses or comments Here. |
Da Vinci Remodeling – Homeowner Tip
March 18, 2010
This is a simple question to answer. There is one thing that has a huge return on investment for your home. The answer is to maintain a three ring binder where you keep a chronological record of all the maintenance, repairs and enhancements made to your home. House & Home Services by Da Vinci Remodeling maintains this binder for its full-service House & Home subscribers – we call it “Your House & Home Book”. For an investment of less than $10 and about four or five hours of your time each year, you could increase the resale value of your home by thousands – if not tens of thousands of dollars.
Here’s how a "House & Home Book" works:
When you complete a regular list of maintenance on your home – simply date the list and file it in the binder. When you replace a water heater, faucet, furnace, light fixture, fence… simply file your receipt in the binder. When you remodel your kitchen, bath, basement… file the plans, receipts, contracts, warranties… in the binder.
At resale this document, left sitting on the kitchen counter during a walk-through or inspection, will demonstrate the care and pride that you put into your home over the years. Should a potential buyer question the age of say a water heater, you would have the actual installation date and maintenance checklists to show that it was well maintained over the years.
An investment of a few dollars and a few hours, returning thousands! No remodel will ever come close in return on investment.
Enjoy!
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