As property owners in Milwaukee navigate the evolving real estate landscape, property values are on the rise. According to the City of Milwaukee Assessor's Office, the average Milwaukee assessed property's value increased by 17.36%.
Commercial property maintenance plays a pivotal role in sustaining this rising value. It ensures that properties remain in top condition amidst a dynamic market.
With the proper facility management tips you can streamline operations and maintenance. Explore this commercial maintenance guide below for 5 essential building upkeep strategies.
1. Implement Regular Inspections
Implementing regular inspections is a key part of successful commercial property maintenance. Scheduled checks help you stay ahead of property maintenance. Doing so can identify potential issues before they escalate and save on costly repairs.
Inspections should focus on both exterior and interior systems including:
- Roofing
- HVAC
- Electrical systems
- Plumbing
- Fire safety equipment
These proactive building upkeep strategies are essential for long-term value retention. Regular reviews ensure everything is running smoothly.
Following this approach aligns with facility management tips. As part of real estate management best practices, it safeguards the property's condition and performance.
2. Maintain Snow and Ice Control in Winter
Milwaukee winters can be especially harsh. The National Weather Service reports that Milwaukee can receive an average of 23.9 to 48.7 inches of snow each season between October to April.
Maintaining snow and ice control is crucial for commercial property maintenance in winter. Ensuring safety and accessibility are key. Focus on clearing areas like:
- Sidewalks
- Walkways
- Driveways
- Parking lots
- Entrances
Prompt snow removal minimizes liabilities and enhances property appeal.
3. Focus on Landscaping and Curb Appeal
Focusing on landscaping and curb appeal is an effective way to boost a property's first impression. Well-kept grounds make a property more inviting and contribute to tenant satisfaction.
Regular maintenance of lawns, shrubs, and seasonal plants enhances visual appeal. Landscaping improvements also increase property value. It plays a vital part in property asset enhancement and long-term success.
4. Pest Control and Prevention
Pest control and prevention are also essential for maintaining a healthy commercial property. Regular inspections and treatments prevent infestations. When left unchecked, infestations can cause significant damage to structures and compromise hygiene.
Effective pest management ensures tenant comfort and protects property value. Be sure to target areas where pests are likely to enter like:
- Cracks in walls
- Storage spaces
- Vents
- Dumpsters
- Entryways
Incorporating this into your building upkeep strategies and real estate management best practices keeps your property safe and attractive.
5. Ensure Security and Lighting Are Up to Code
Proper security and lighting are crucial for protecting commercial properties. Security measures are an essential part of property upkeep strategies for commercial property maintenance.
Well-lit areas discourage criminal activity. The use of security measures like cameras and alarms helps enhance building security. Regularly inspect lights to prevent dark spots around the property.
Proactive security improves safety and reduces liability. It also improves tenant satisfaction.
Trust Your Commercial Property Maintenance Needs to PMI of Greater Milwaukee Today
Commercial property maintenance is essential for ensuring the longevity and value of a property. With these facility management tips property owners can minimize costs and maximize efficiency.
PMI of Greater Milwaukee is a full-service real estate asset management company. We provide professional property management and real estate brokerage services to residential and commercial property owners.
Contact PMI of Greater Milwaukee to discuss your property management needs today.