Maintaining Your Biggest Investment

Real Estate Agent with Realty Executives Leading

Maintaining Your Biggest Investment

Most Canadians look forward to owning their own home, whether that’s a house, a condo, or an acreage in Spruce Grove, Stony Plain, Parkland County, the Edmonton area or elsewhere.  In the excitement of taking possession of a new home, moving in and settling down in a new neighborhood, sometimes people forget they’ve taken on a long-term commitment to look after the property and protect the biggest investment most of us will ever make.  Owning a home will require ongoing investment of work and money.

With proper planning and good routines, maintaining a home need not be overwhelming.  The Canada Mortgage and Housing Corporation, CMHC, publishes numerous guides for homeowners.  Check out “Home Maintenance Schedule:  Regular Maintenance is the Key”  for an extended season-by-season checklist of home maintenance tasks.  (A slightly edited version of this article entitled “Your new home maintenance schedule” was published in a special section of the June 4, 2011 edition of the Edmonton Journal).  If you’re like me, you’re bound to find a few things on this list you might not have thought about.  For example, one suggestion is to remove the interior window screens in the fall to allow the circulation of air to keep condensation off the windows and to allow in more free solar heat.  With spring now on the way in our region, time to check and repair those screens and then put them back on the windows.

Maintaining your home will make it safer, more attractive and more pleasant to live in.  But there’s another very good reason not to neglect these routines.   Time and again in the real estate business, the houses that sell the fastest and for the best price are those houses that have been looked after the best.  When it comes time to sell your most valuable possession, you’ll be glad you kept up the maintenance!


Posted by


Barry Twynam, REALTOR®

Realty Executives Leading

Cell:     780-910-9669

Office:  780-962-9696
Fax:     780-962-9699

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Pamela Smith
Award Realty - Sun City West, AZ
Sun City West, Corte Bella, Sun City Grand

Maintaining your home should be on of you priorities in life.

Apr 05, 2012 07:12 AM #1
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

~ Life has so much to offer us, so do we as individuals have so much to offer life! Great post/blog!

Apr 05, 2012 07:39 AM #2
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

It's interesting that some small $5 repairs are often all that is necessary. But, if they are not done, then they can cost thousands.

Apr 06, 2012 11:45 AM #3
Coldwell Banker Excellence
Coldwell Banker Excellence - Brea, CA

It is true, if you dont maitain your home and overlook the small work it requires, it will end up costing you a lot! Delaying house work leads to your house turning into a mess and its repairs cost burning a hole in your pockets. It is important to maintain basic hygeiene, cleanliness, and good condition of the house. The post you shared is really good and helpful. Thanks!

Apr 11, 2012 10:22 PM #4
Coldwell Banker Excellence
Coldwell Banker Excellence - Brea, CA

It is important to maintain your personal finances in order to have a good bank balance that will help you maintain your home. Here are a few things that need to be followed to deal wisely with your money.

  • Firstly keep a note on where your money is going
  • Do not spend first and then save the rest. You must always save first and then spend
  • Asses you resources. See from where all you are getting your income, like office, rent, spouses income etc
  • Keep a not of your monthly fixed expenses. Also keep a note on your monthly variable expenses and asses what can be avoided
  • Make a list of future expenses which you foresee and asses if you have enough spare money for it
  • Keep a check on your credit card bills and debts. Do not overdo it.
  • Change your thinking and lifestyle if you really want to save money
Apr 23, 2012 04:39 PM #5
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