As winter approaches, it’s essential to get some key jobs done to ensure your investment property is prepared for the cooler months ahead. The season brings cooler temperatures, increased moisture, and stronger winds, all of which can pose risks to your property.
This is also a time when snap temperature changes can cause problems with hot water systems like expansion seams and valves.
Keep reading below for a guide to the top things you should do to prepare your investment property for winter.
Check the condition of insulation
Windows are significant areas of heat loss in any property, accounting for up to 40% of warmth that may escape. In the months leading up to winter, check that all windows in your property close properly.
Properly sealed windows not only enhance security but also help tenants save on heating bills. If there’s any damage to window seals, weather stripping or window putty, consider hiring a professional to repair or replace them.
Check fireplaces and flues
With the increased use of fireplaces, it is crucial to ensure this area is cleaned. While tenants are responsible for the heating unit, most tenants do not clean the flues as this involves climbing onto the roof. This is a large liability as damage can occur to the roof, flue or even the tenant is they are not qualified for this work. We do not endorse tenants doing this, therefore we recommend hiring a professional to do this for you. A professional can also advise you of any potential concerns with the roof while there as well. The cost starts at $120.00.
Check air conditioning units
Properties equipped with split-system air conditioning units often rely on them for heating during winter. Scheduling a maintenance service to clean the units and ensure that filters are free from debris can keep everything in good working condition and make a tenant’s heating and cooling more efficient. A standard inspection and clean is generally only $150.00 per unit.
Ensure proper ventilation
Winter conditions can lead to increased moisture and the potential for mould growth, particularly in damp areas like bathrooms, kitchens and laundries. Adequate ventilation is essential to prevent mould problems. Install exhaust fans in rooms without windows or heavily moist areas such as bathrooms. We recommend to all tenants to open windows and doors where available even if it’s just for a short time on cooler days, having fresh air circulate through your properties can help to prevent moisture build-up.
Another neat trick is to hardwire the exhaust fan in the bathroom to automatically come on as soon as a light is turned on in the room. This ensures the room is always ventilated. Next time an electrician is visiting your property consider getting them to do this quick and easy fix.
Clean gutters
Before winter sets in, clearing gutters of any debris that may have accumulated during the summer months is essential. Blocked gutters can prevent proper rainwater drainage, leading to leaks and flooding. Consider hiring a professional to thoroughly clean and inspect all gutters at your property. This cost can vary depending on the size of the property.
Summary
The cooler months are a great time for cosying up indoors, but adequately preparing your investment property is vital. Taking proactive measures now will maintain your property’s condition throughout winter and ensure the health and comfort of your tenants.
Remember, this article is general in nature and is not financial or legal advice. Please consult your professional financial and legal advisors before making any decisions for yourself.