Navigating Recurring Home Maintenance Expenses with a Checklist!

Here are some recurring expenses that you may incur for home maintenance:

  • Garbage collection: Garbage collection fees vary depending on the size of your home and the frequency of pickup.
  • Water and sewer: Water and sewer fees are typically billed monthly and are based on your water usage.
  • Electricity: Electricity bills vary depending on the size of your home and your energy usage.
  • Natural gas: Natural gas bills vary depending on the size of your home and your energy usage.
  • Trash removal: Trash removal fees vary depending on the size of your home and the frequency of pickup.
  • Homeowners association dues: If you live in a homeowners association (HOA), you will be responsible for paying monthly dues. HOA dues cover a variety of expenses, such as maintenance of common areas, security, and insurance.
  • Landscaping: If you have a yard, you will need to budget for landscaping expenses, such as lawn mowing, trimming, and weeding.
  • Snow removal: If you live in an area with snow, you will need to budget for snow removal expenses, such as shoveling and snowplowing.
  • Appliance repair and maintenance: Appliances will eventually need to be repaired or replaced. It is a good idea to set aside money each month for these expenses.
  • HVAC maintenance: Your HVAC system should be inspected and cleaned annually to ensure that it is working properly. You may also need to replace filters and other parts on a regular basis.
  • Roof repair and maintenance: Your roof should be inspected annually for leaks and other damage. You may need to repair or replace your roof every 20-25 years.
  • Siding repair and maintenance: Your siding should be inspected annually for damage. You may need to repair or replace your siding every 15-20 years.
  • Windows repair and maintenance: Your windows should be inspected annually for leaks and other damage. You may need to repair or replace your windows every 15-20 years.
  • Painting: Your home should be repainted every 5-7 years.

These are just some of the recurring expenses that you may incur for home maintenance. The actual cost of these expenses will vary depending on the size and age of your home, as well as the climate in your area. It is a good idea to create a home maintenance budget and set aside money each month to cover these expenses. This will help you avoid unexpected financial hardship when repairs or replacements are needed.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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