Owning a home is a huge responsibility. Your property is an investment that needs care and maintenance to avoid problems down the road. Here are a few tips for new homeowners to make it easier to care for your property.
Tips for New Homeowners
1. Keep a Homeowner’s Binder
Purchasing a home involves a lot of paperwork. Keep track of important documents in a binder. You’ll have them all in one place in case you need to reference the paperwork. Store any information related to owning the home, like insurance paperwork and mortgage documents.
Use the notebook to organize guides and warranties for your appliances. Keep receipts for moving expenses and home improvement costs. These documents will come in handy when it’s time to file your taxes. It’s also smart to store the contact information for plumbers, electricians, and other reliable professionals in your homeowner’s notebook.
2. Tips for New Homeowners: Creating a Maintenance Checklist
Preventing problems is better than making repairs. As a homeowner, it’s important to understand routine upkeep and maintenance tasks. Create a schedule of jobs to perform every month, every quarter, and annually.
Even your household appliances like the refrigerator, air conditioner, and dishwasher, will require different levels of maintenance. Make sure you add cleaning and upkeep of appliances to your to-do list.
3. Know Your Electric Panel
You may need to occasionally access the electric panel to reset a tripped breaker. While resetting the breaker is easy, you may have difficulties identifying the problematic breaker.
The electric panel contains many switches that can be intimidating for the new homeowner. To avoid flipping the wrong one, label the electrical panel first thing once you’ve moved into the home.
4. Plan for DIY Tasks
You can save money by performing some home repairs on your own instead of hiring a professional. There are easy DIY tasks you can complete including painting walls, installing window coverings, and cleaning the vinyl siding.
When planning a home improvement project, make a list of the supplies you need to purchase. Set a budget for the task and shop around to find the best prices on supplies and equipment. There are plenty of online resources for DIYers that will walk you through making updates to your home.
5. Identify Potential Issues in Your Home
Another important thing every homeowner should know is how to spot potential issues. Take the time to learn about ways to identify problems early on. Making repairs early can save you a lot of money later.
Some of the things you should watch for are signs of a leaking roof, foundation issues, flooding, and basement leaks. If you notice problems or concerns, consult an experienced professional to address the issue before it becomes worse.
When you purchase a new home, learn basic maintenance. Be prepared for unexpected problems and appliance failures by putting aside money every month for home upkeep.