What Happens After Closing: Everything Homeowners Need to Know About Maintaining Their Homes New Data From Thumbtack Shows A Well Maintained Home Sells for 10% More, Increasing Value by $44,000 Nationwide
The last two years have seen a record-high surge in people seeking their first homes, with first-time homebuyers making up more than a third (34%) of all home buyers in the last 12 months, according to the National Association of Realtors. However, house hunting, down payments and closing costs are just the beginning of the journey. Recently, David Steckel, Home Expert at Thumbtack, participated in a nationwide satellite media tour to discuss taking a proactive approach to home maintenance.
A video accompanying this announcement is available at: https://youtu.be/K18fnH0kpps
According to a recent survey from Thumbtack, the app used by millions of homeowners, 68% of homeowners report feeling overwhelmed, confused or stressed about maintaining their homes (and this increases to 80% for millennial homeowners). To most, maintaining a home can feel like having a second job, yet one-third of homeowners are unsure where to begin when it comes to maintaining it.
This is why Thumbtack is launching a new home care experience to build a long-term partnership with homeowners in the continuous care of their largest asset. The new home care experience not only gives homeowners peace of mind, but also step-by-step, personalized guidance to maintain their most valuable asset – their home.
Through Thumbtack, homeowners can create a free seasonal maintenance guide that’s personalized to their home and location, with the ability to book a pro in seconds through their on-demand booking feature. And through their new membership offering, homeowners can get 1:1 support from home specialists, discounts on on-demand bookings, and much more – all for just $49/year.
According to Thumbtack, the average cost of home maintenance increased by 8.2% — amounting to an annual maintenance budget of roughly $5,000. Yet, 79% of homeowners are under budgeting for essential home maintenance. And this investment pays off, new data from Thumbtack and OJO shows that a well maintained home sells for 10% more, increasing a home’s value by ~$44,000 nationally.
For more information, homeowners can download the Thumbtack app (available on iOS and Android) or go to Thumbtack.com
About David Steckel
David Steckel is a Home Expert at Thumbtack, with 15 years of experience as a general contractor in the home building industry. At Thumbtack, he provides homeowners with the guidance they need to better plan, budget, and complete home repair, maintenance and improvement projects. As a licensed general contractor, David has experience in custom home building as well as residential and commercial building maintenance. Prior to his role at Thumbtack, David founded Setter, a subscription-based home maintenance and repair service which was acquired by Thumbtack.
Thumbtack is a technology leader building the modern home management platform. Through the Thumbtack app, homeowners can effortlessly manage their homes — confidently knowing what to do, when to do it, and who to hire. Bringing the $500 billion home services industry online, Thumbtack empowers millions of homeowners to fix, maintain, and improve their most valuable asset. The company is backed by Sequoia Capital, Tiger Global Management, Javelin Venture Partners, Baillie Gifford, and CapitalG, among others.