Show Notes: This week it’s pay now or pay more later if you put off home maintenance (2/15/14) – On the House
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Show Notes: This week it’s pay now or pay more later if you put off home maintenance (2/15/14)

By on February 16, 2014
paint exterior of house

These maintenance tasks will save you big money down the road if you do them regularly:

  1. Caulk windows, doors and siding regularly.
  2. Paint the exterior every few years.
  3. Redirect water away from the house.
  4. Take care of little roof leaks before they become bigger ones.
  5. Take care of sink and toilet leaks before they damage cabinets and floors
  6. Maintain the caulking and waterproofing
  7. Maintain pest and termite inspections and control

WHAT DOES IT COST TO MAINTAIN THAT HOME?

There’s no way to forecast these costs for sure. But mortgage-data firm HSH Associates suggests that homeowners assume they will come to about 1% of the property’s value — every year.

That’s $3,000 on a $300,000 home. To be on the safe side, you should probably use that as a minimum. So let’s say $4,000, and assume you’d also need a healthy cash reserve for any big expense that homeowners insurance doesn’t cover, such as a new furnace or roof.

http://realestate.msn.com/article.aspx?cp-documentid=25490855

Websites mentioned today:

Heat Tape: http://www.frostking.com/automatic-electric-heat-cable-kits/

Marble & Granite Care: http://www.granitegold.com

Shower Cleaner: http://wetandforget.com

Next week| Is your garage a dump? It’s time to get organized

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