Cost Savings of Timely Structural Repairs - Wise Investment for Building Owners

Cost Savings of Timely Structural Repairs - Wise Investment for Building Owners

In building maintenance, the adage "a stitch in time saves nine" is true perhaps more than anywhere else. Geoffrey J?ck, managing director of Indawo, a prominent player in the building maintenance industry, emphasises the substantial long-term cost savings that arise from opting to address structural repairs promptly rather than delaying them.

?A delay in structural repairs, whether due to budget constraints or neglect, can lead to myriad consequences. A minor issue can quickly escalate and cause extensive damage and ballooning repair costs.

?J?ck adds that with regular building maintenance such as painting, waterproofing, and minor structural repairs as they arise, within the generally accepted time-frame of between 5 to 7 years, you will likely avoid unnecessary and major repairs being needed. There are cases where structural repairs are required due to poor building design or where developers are forced to reduce costs during construction resulting in the new owners having to deal with myriad structural and waterproofing issues.

?Where major structural repairs arise from the neglect, delay, or failure to attend to regular maintenance to save short-term costs, the additional repair costs are significantly greater down the line due to more severe damage and larger repair jobs.

J?ck says addressing structural promptly not only prevents deterioration, it mitigates extensive and expensive repairs later on. Here are some key reasons why investing in repairs now is a wise decision:

  1. Prevent Further Damage: Addressing structural issues early prevents them from deteriorating. Small cracks or leaks, if left unattended, can lead to major structural problems that may compromise the integrity of the entire building and threaten the safety of employees and visitors in the building or workplace.
  2. Cost Efficiency: While it may seem counterintuitive, investing in repairs now can save money in the long run. The cost of attending to minor structural repairs is typically much lower than dealing with major structural damage that requires extensive repairs, or even reconstruction.
  3. Preserve Property Value: Maintaining the building’s structural integrity is essential to ensure an upward trend in its investment value. Neglecting minor repairs may lead to a decrease in property value. This makes it more difficult to sell or rent the building.
  4. Safety: Ensuring a building is structurally sound is not about preserving its value. It’s also about complying with safety regulations. Delaying repairs can put employees and clients at risk and expose building owners to potential legal liabilities.
  5. Avoid Productivity Disruption: Major structural repairs often lead to significant downtime. This disrupts business operations and results in financial losses. Addressing issues promptly reduces disruption and allows operations to continue smoothly.

Geoffrey J?ck urges building owners to consider the long-term implications of delaying structural repairs and highlights the importance of proactive maintenance strategies. By partnering with experts like Indawo, building owners can ensure their properties remain safe, structurally sound, and economically viable.

For advice on structural repairs and building maintenance, contact Indawo at 021 941 5000 or email [email protected]. Don't wait until it's too late – invest in your building's future today.

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Graham Balharry

Waterproofing Consultant at Eris Properties

7 个月

Very informative

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