Maintaining value — we are all exposed to time
What does value retention mean? - The definition
Die Maintaining value Refers to all measures that contribute to Maintaining the value and condition of a property in the long term. Regular maintenance protects the building fabric and keeps the property functional and attractive. In particular, components such as heating systems, insulation or windows that initially meet the latest standards can lose efficiency and quality due to aging and wear. Through targeted repair and renovation work, such losses can be avoided, which has a positive effect on both market value and operating costs.
Maintaining value is not only important with regard to the potential sale of the property or a possible loan from the bank. Even with personal use, maintaining value contributes to Reducing energy and maintenance costs and ensures long-term living comfort.
What is part of maintaining the value of a property?
Value-maintaining measures include, in particular, Maintaining and maintaining existing structures and include activities such as:
- Façade painting to protect against weather conditions
- interior renovations such as painting or wallpapering walls
- Window frame cleaning and maintenance and doors
- Renewal of silicone joints in humid rooms
- repair or replacement of kitchen appliances and equipment
- floor care by sanding and sealing parquet or replacing damaged tiles
If regular maintenance is not carried out, this can result in a Deterioration of the building fabric lead. This can have serious consequences, particularly in regions with a lot of moisture, e.g. near water bodies.
Difference between maintaining value and increasing value
While the Maintaining value on maintaining the original property value focuses, value-adding measures are aimed at Improving and Modernizing off. These upgrades often include the integration of new technologies to increase living comfort and make the property more attractive to the market.
Typical value-adding measures include:
- Installing modern heating systems such as heat pumps or solar systems
- Additional thermal insulation for better energy efficiency
- High-quality interior fittings such as parquet or marble floors
- Accessible design by installing stair lifts and walk-in showers
- Expansions and extensions such as balconies, terraces or wellness areas
Value-adding measures with high profitability
In view of rising energy prices and increasing interest in sustainable construction methods, measures are recommended to reduce energy consumption. The installation of renewable energy sources and the renovation of insulation are in high demand and also often benefit from funding programs. Such investments make the building fit for the future and significantly increase the value of the property.
Advice for sustainable value retention and value enhancement
Whether it's about Maintenance or a value-adding investment works — advice from experts such as energy consultants, architects or renovation experts is an advantage. Professional assessments identify meaningful measures and point to government funding that can significantly pay off for larger projects.
For more tips on this topic or to plan measures to maintain and increase the value of your property, you can find helpful resources in our guide.