Real estate concept:

Maintenance

26.04.2024

What is meant by property maintenance?

The maintenance of a property includes all measures that serve to preserve the original condition of the building and prevent damage. The aim is to keep the property functional and stable in value without making fundamental changes.

Typical maintenance measures are

  1. Regular maintenanceChecking and maintaining technical systems such as heating, plumbing and electrics to ensure their smooth operation.
  2. RepairsRepair of minor damage, such as repairing leaking roofs, defective windows or damage to the façade to prevent major damage.
  3. Checks and inspectionsRegular inspection of roofs, façades, pipes and other structural parts in order to recognise possible defects at an early stage.
  4. Protective measuresPreventive measures, such as painting wooden facades or sealing damp spots to prevent long-term damage.

Maintenance is essential to preserve the value of the property and avoid high renovation costs. A well-maintained property also offers greater security and comfort for residents.

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What is meant by modernising a property?

The modernisation of a property includes structural measures that improve the value, functionality and energy efficiency of a building. This is not just a matter of maintenance, but also of adapting to modern standards.

 

Typical modernisation measures are

  1. Increase energy efficiencyReplacing windows, roof insulation, façade insulation or installing a new heating system to cut energy costs and reduce the ecological footprint.
  2. Technical innovationsModernisation of the sanitary facilities, electrics or ventilation systems to meet today's requirements.
  3. Increased comfortInstallation of modern kitchens and bathrooms, barrier-free access or the installation of smart home technologies.
  4. Increase in valueComprehensive modernisation measures can significantly increase the market value of the property.

Modernisation often makes sense in order to reduce maintenance costs in the long term, increase energy efficiency and improve living comfort. They can also bring tax benefits and subsidies.

 

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What is the difference between modernising and maintaining a property?

The difference between modernisation and maintenance lies in the objective and the scope of the measures. Maintenance serves to preserve the original condition of a property and maintain its functionality. This includes maintenance and repairs aimed at preventing or repairing damage without making fundamental changes.

Modernisation, on the other hand, aims to improve the property, be it through greater energy efficiency, improved living comfort or technical upgrades. While maintenance ensures the current condition, modernisation is about increasing the value of the property and adapting it to modern standards.

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