Owning a newly constructed home comes with unique opportunities to customize and enhance your space. To ensure you're prepared when it's time to sell and to stay organized for tax purposes, here are some essential tips and resources:
Your new home likely comes with warranties that cover specific aspects of its construction. It's crucial to track these warranty periods to address any potential issues within the coverage windows. Here's a breakdown of common warranties:
Covers defects in materials and craftsmanship.
Covers major systems such as plumbing, electrical, and HVAC.
Covers structural components like the foundation and framing.
Pro Tip: Add these warranty expiration dates to your calendar with reminders and alerts to ensure you don't miss any deadlines for claims.
Keeping detailed records of all upgrades and improvements to your home is essential. Not only does this help when you sell your home, but it can also be beneficial for tax purposes. Common projects to track include:
Blinds
Lighting Fixtures
Closets
Smart Home Technology
For each project, maintain the following records:
Receipts and invoices
Contracts and agreements
Dates of work
Descriptions of the work performed
Before-and-after photos
Organize these details by project and store them securely in a digital format. To help you stay on top of this, we've created a Home Improvement Tracking Spreadsheet that you can download. Simply fill out the contact form on this page to receive your free copy.
As your real estate agent, I'm committed to making the home buying and selling process as smooth as possible. I will listen to your needs and criteria in finding you your “Dream House” and will be dedicated to keeping you informed throughout each step.