What Are the Common Property Maintenance Issues Which Reduce the Property Value?

Did you know that your tenant has the power to reduce the value of your property? Yes, you heard it right; they can do it if the best property management company fails to solve maintenance issues. Most of the time, it is not the tenants’ house, so they do not bother to maintain it. However, it is the best property management companies’ responsibility to make them care for the house. When they fail to do so, it leads to a plethora of problems that depreciate the property’s value. So, here are some of the common property maintenance issues which the best property management company should avoid. For more info about property management Colorado Springs click here.

Advertisements
your ads here

Three Common Property Maintenance Issues Which Reduce the Property value

Door Knob Not Functioning

Imagine you coming home from a stressful day and finding that the door is not opening. It happens when the doorknob is harshly used and losses its mechanism. Now even if it is the fault of the tenants that they did not use it carefully, you will have to get it repaired. Later on, the amount spent on repairs can be collected in the form of rent or maintenance charges from tenants.

Leaking Washroom Which Causes Bigger Issues

When the toilet or washroom leaks, it leads to a plethora of problems. You cannot keep blaming the tenants and wait for them to repair the washroom leakage. It will turn into a blame game because they too can say that it existed even before they started staying on rent. To avoid such conflicts, it is better to get the leakage repaired at the earliest and avoid major issues such as molds.

Electrical Wiring Problems Due to Increased Usage

Did you all of a sudden start get huge electricity bill amounts? Well, it is because of increased power usage by tenants. When any high voltage appliances are used recklessly, they eventually get damaged. In case of such instances, you can blame the tenants. They are liable to pay for the electricity bill as well as for power issues.

The above-mentioned issues clearly show that it is not possible to always blame tenants even if it is their mistake. Nevertheless, as the best property management company, you will have to get it repaired if you do not want the property’s value to go down. So, these are some of the usual maintenance issues faced by any property manager which are also avoidable.

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d397746.3226514851!2d-104.98448805007865!3d38.846356832338195!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x871335152a1584ab%3A0x83f835ca602df8bb!2sThe%20Harmes%20Team%20Real%20Estate%20%26%20Property%20Management%20LLC!5e0!3m2!1sen!2sin!4v1642431916839!5m2!1sen!2sin&w=600&h=450]