3 Non-Negotiables if You Want to Cut Your Home Maintenance Costs
What many first-time homeowners tend to overlook and deliberately ignore are the preventive maintenance costs a house requires. Even if you purchase your home in great condition, it doesn’t mean that it won’t need any form of maintenance.
Instead of dodging it, prepare yourself for what’s to come. These are ways you can reduce the long-term costs of maintaining your home.
Look for reliable service companies.
When it comes to home maintenance and repairs, it will be cheaper to just do-it-yourself. Besides, there are now many tutorial videos available online. However, if you want to make sure that you don’t make the situation worse and shoot up the costs further, leave it to the experts. For instance, you can contact local service companies in Orem for your water heater repair.
Conduct a regular check-up.
As the adage says, prevention is better than the cure. Come up with a regular checklist for your monthly, quarterly, and yearly assessment and evaluation. Identify what needs to be given attention to before it goes completely faulty. This way, nothing will come as a surprise.
Build a home maintenance fund.
Don’t treat maintenance costs as unforeseen expenses. This means that you need to have funds for it. The rule of thumb is to set aside 1% to 4% of your home’s value to cover maintenance issues. Note that bigger homes require bigger maintenance bills. So this might also be something to ponder on before getting a house.
You must always consider home maintenance as a factor when buying or even renting a house. Location, age, current condition, and materials used may either increase or reduce the costs down, but you can’t fully rule it out for sure.