While your home itself is a great investment, investing in your home goes beyond just buying it and paying it off. Before you purchased your home it’s likely you had it appraised and had people come in to check out that everything was looking good. You made sure there was no black mold, that the plumbing worked, and all of those other seemingly small things.
It’s those seemingly small things that constitute what you want to further invest in, actually. Even when you’ve finished paying off your home, you keep investing in it. Here are a few ways to keep your home, your investment, around longer. Some of them you just might not have thought about.
Health and Safety In Your Home
Asbestos is a nasty thing and if your home is a few decades old there is a chance that there may be some asbestos inside. It could save your health and your life to invest in having someone come in and check your home out to make sure that it is free of asbestos.
Critters like bats and raccoons living in your attic can also be a health hazard. It is important to take some time to check that area out every once in a while and make sure no unwanted guests have made their homes there.
If you’ve had a flood or any leaks, you may want to check for black mold, even if this is something you already did before moving in. Black mold, if left unchecked, can cause allergy and respiratory issues.
Make It Beautiful and Long Lasting
Remodeling can be an excellent way to invest in your home. From making sure you have a new, durable roof to keeping your siding shiny and new, remodeling your home doesn’t just have to be about luxury.
Remodeling to add a nice deck or make your kitchen more current can raise your home’s value, which also makes it a good investment. Updating your home really isn’t a frivolous expense and if you are adding energy efficient appliances you just might save some extra money. You will want to make sure that the contractors you choose to work on your home have commercial general liability insurance, and can cover any property damage that might occur during the remodel process.
Make Sure You Insure Your Investment
It is very important to have home owners insurance. You really never know what can happen and what will happen. Being insured is more than just having the coverage though. Make sure that you have the recommended amount of smoke detectors in your home. Also, you should have at least one fire extinguisher.
It’s pretty likely that when you call to get your home insurance quote, your insurance agent will inquire about smoke detectors and fire extinguishers. They may also suggest you have a radon detection device in your home too.
If you live in a flood plain, make sure you find out about flood insurance that may not be covered by your regular insurance.
Investing in your home will not only make your life less stressed, but it will help ensure that your home is both a happy and healthy place for you and your family to live in.