When we think of finance, we tend to think of numbers. Exchange rates. Taxes, fees, and charges. We don’t usually think of tangible things – even cash is becoming increasingly passé. It’s easy to forget that most of us hold – at times physically – assets that add significantly to our financial status.

Your most prized, valuable asset could be anything. Perhaps it’s a vintage car, confined to the garage to accumulate value over the years. It might be a pristine, rare INXS record, signed by Michael Hutchence and sure to earn some serious coin at auction. More likely, however, is that your house is your nest egg. Once you’ve paid off any associated loans, you can rest more-or-less assured that it will eventually turned a profit for you, the owner.

But to maximise the worth of this particular asset, it is necessary to be vigilant about how your house is constructed, maintained, and taken off your hands. Often, that means putting your faith in trust in the hands of experts.

Construction and renovationasset-house-painting

A lot of people love the idea of moving into a miss-happen, ill-treated old dump and reinvigorating it. These properties are usually labelled “A Renovator’s Dream!”, but without the right help they can turn into nightmares. From Sydney-based experts in carpentry, to a professional painter in Brisbane, to concrete grouts and pumps in Perth, seeking advice and services from experts will help you avoid any further damage to a ramshackle home that needs doing up.

Taking a DIY approach is all well and good, but home-related horror stories tend to stem from office workers who’ve turned overnight-tradies, temporarily switching their white collar for a blue one. Mixing your own concrete, for example, won’t end well and will surely not add any value to your home. For that reason, you’re far better off liaising with a concrete batching plant like www.batchcrete.com.au to ensure your home is both secure and aesthetically attractive – even if it costs a bit more money in the short-term.

Maintenance

Once your home has achieved its apex of functionality and beauty, your next task it to prolong that state of (relative) perfection. Undertaking regular checks on safety and looks alike will ultimately save you time, money and effort when you’re looking to sell at a profit (see below).

Having said this, don’t feel pressured to undertake every task yourself. While some painting and gardening never hurt anyone, there’s no need to spend every weekend perched perilously on a ladder, reaching for that second storey window frame. Outsourcing to professionals, yet again, is the way to go if you want your house to maintain pristine conditions and saleability, while you maintain your health and safety.

Selling

Having nurtured your home, and hopefully watched your post-code become more in-demand over a number of years, it’s time to sell up. Trying to find the right time to sell is tough – the phrases “buyer’s market” and “seller’s market” are thrown around with conflicting regularity. But generally, as long as you’re purchasing a new property around the same time that you sell your previous home, you should be on an even keel.

Again, the tension between independent action and external aids can come into play here. Some sellers manage to have success eschewing real estate agents, but others struggle. If you’re not particularly comfortable with undertaking a DIY auction, or are afraid of under-selling your carefully nurtured property gem, then it’s probably best to get a professional on board.

Home is where the heart is, but it’s also frequently the source of some serious money. So get to work, or get others to work for you; your motivation could be the wooden echo of the auctioneer’s hammer.

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