8. Post Construction Maintenance to Enhance the Value of Property
“A modest house in good condition is of better value than a run down mansion.”
Maintenance is carried out by keeping the property in its original serviceable condition. Studies in the United Kingdom have shown that when costing of a building is carried out over its service life, a greater sum of money is spent in the maintenance of the building rather than in the building itself. As a general rule the 30/70 split applies. Seventy (70) per cent of the overall cost is in the maintenance of a building.
It is very important to maintain the quality of construction and to pay much more attention to premature deterioration and breakdown of materials.
Studies were done on commercial buildings in Britain. The cost of paying the cleaners, buying uniforms, chemicals, vacation leave, time off, overtime, and so on over thirty (30) years; when accounted for and added up, the total cost was equivalent to the cost of putting down the building in the first place.
Maintenance activities of building involve: -