By applying a few key property management principles to your community we can increase property value.
Important guidelines to incorporate into any community in order to reflect a well-maintained area are:
- Cleanliness and Uniformity
- Enforced Rules and Regulations
- Respect and Safety of Residents
- Shared Responsibility
- Active Board Association
- Strategic Plan
In addition to these guidelines, general property maintenance needs to be done. It is essential that the property receives routine maintenance.
Property care to increase property value should include:
- Landscape– This should include a design scheme, and regular maintenance like grass cutting, bush or shrub trimming, branch or frond removal.
- Pleasant architectural presentation– Try applying simple modern updates like metal address numbers, matching railings, mailboxes and lighting fixtures. Simple thematic elements across the neighborhood tie the community together.
- Painting– Agree on a color palette and the tones that are acceptable for various paint needs throughout the neighborhood. Ask neighbors to submit swatches for approval before painting homes. Keep public or shared spaces in neutral tones that are approved in community bylaws.
- Pressure washing– This tedious but necessary task should be done to buildings, homes, townhomes, apartment buildings, condominiums, and rooves. Whether individual homeowners are responsible or the HOA, ensure that proper and regular pressure washing occurs to keep the neighborhood bright and clean.
- Roadway maintenance– roads, sidewalks and parking spaces should always be well maintained. Clear signage and well marked areas create an easy experience for guests and potential home buyers.
- Public spaces – shared amenities like gym’s, clubhouses, or pools, must be cared for and maintained by the HOA and also the homeowners or residents who use them. Ask neighbors to be respectful of the neighborhood and its shared spaces.
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