Why is Property Maintenance So Important?
Standards that include complying with local health and safety regulations (snow removal, sidewalk heights etc..); will be your high mark for how you want to deal with occupants and building operations.
Whatever your needs for maintenance services, it’s essential to ensure all primary decision-makers are well informed. This will not let things slip away from chaos.
If something needs tending to, but you can’t get to it for a few days, make sure it’s a priority when you do have the funds or time to get it sorted and work towards being “Proactive“ than reactive as this approach tends to be more costly in the long haul.
If you want to make sure you aren’t ever put in a position where maintenance becomes something of an emergency because the building hasn’t been monitored, Development by Design can make the whole process streamlined and provide a detailed estimate of current and future repairs to consider.
Property Maintenance important to keeping a building looking good?
The occupancy of your commercial or residential building relies on people wanting to buy or lease the premises from you.
This might come from how clean it is, the quality of the air circulating in the spaces or even the fact that no work needs to complete.
Keeping a space busy and occupied can be as simple as regular maintenance checks.
According to the American Management Group (AMG), hiring a company to manage the maintenance of a building is one of the best ways to keep on top of anything that arises. The key to maintenance is to be proactive, not reactive. If something significant happens, it might be too late to fix the issue and. When major repairs or maintenance work is in an office space or home, it can be disruptive to the day-to-day operations of the lease or home holder.
That’s not something people want to have to go through. If there’s another option on the market that doesn’t appear as if significant works will be regularly required, that may well be their first choice.
Development by Design (DBD), has the approach that offers clients easy access to work requests. As maintenance issues arise we track the progress at any time. DBD works with clients to develop preventative maintenance schedules. This ensures all services needed you request are complete with nothing getting left behind.
Types of maintenance that might arise?
A leak in the roof can be a major fix. But patching small cracks that start to appear are proactive steps to keeping operations open. Regular inspections might not find much wrong, but as soon as something needs maintenance, you’ll be glad you’re prepared.
The same goes for hot water cylinders and light fixtures. Cylinders can cause expensive damage if problems become untreated. In the roof, light fixtures that are faulty can also harm electrical systems and things like insulation, so it’ll pay to keep on top of these. Neglecting landscaping drainage can cause water leaking issues.
Property maintenance can help to keep rental yields high and potential for capital gains up as well. No regular maintenance, commercial and residential buildings lose value. It might also be in the trap of being vacant for long periods of time while maintenance finishes. Which could mean the loss of income.
Handy Tips to Help you Save on Maintenance Costs and Increase Property Value
All things have a natural lifespan. Keeping this in mind will help you plan for the future and as you diligently create a plan of action, to include the following items below:
- Set aside time and money. Plan for time and financial commitments to improve and maintain your property. These include lawn care, annual deck cleanings and duct cleaning.
- Plan ahead for major purchases and home improvements. If you know your roof, or other significant feature, will need replacement in a few years, be sure to make this part of your spending plan now.
- Take periodic inventory of your home’s appliances, roof, decks.
- Take note when their manufacturers recommend replacement.
- Make sure your insurance is active and current.
- Maintain an adequate amount of homeowner’s insurance (generally the cost to rebuild your home if damaged or destroyed). You’ll have the protection you need for severe damage or a disaster.