It's finally happened. You found your forever home and you feel like you're in the middle of an HGTV real estate show.
Now that you're placing roots where you're going to live, what are some of the things you can expect that you'll need to repair of the lifetime of being in your forever home?
HVAC System
The thing about HVAC systems is that they go fairly quickly and at the worst time. While they can be updated and fixed within a timely manner, budgeting for them is what generally takes the most time to figure out.
Have a professional come and look at your HVAC system before you move in so that you know how much time is left on it.
Roof Repair
Repairing a roof is one of the key elements after you've been in your home for quite some time. Most roofing companies let people know to budget for a roof life of about 15 years. This means that you have a little bit of time to get your finances together in case your roof ever goes on the fritz.
You can prepare for this particular home repair by calling around now and seeing what roofing prices are at currently. Begin putting away money every month towards a possible roof repair or patch.
Major Appliances
Refrigerators, dishwashers, and your washer and dryer unit are next on the list to think about when it comes to extensive home repairs.
While these are appliances, they make a difference in how your household runs and what can get done in an efficient manner in your day-to-day. Make sure that you've prepared to replace these within five or 10 years of your move-in date.
Flooring or Carpet
If you have children or pets, then this repair may come to you sooner than most.
Carpet and flooring is one of the most expensive home repairs that you'll encounter because it doesn't just affect one section of the house.
Generally, when you have to replace your carpet of floor, you're going to be looking at a cost for replacing it throughout the house.
Conclusion
You don’t want to fall out of love with your forever home. By preparing for these major fixes that you will encounter later down the road in the life of your home, you can save yourself a headache now and begin to save up so the budget for these items won't be such a hit to your finances.
8 Comments
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It takes years of training and experience to be able to handle electrical wires and live current safely. Electrical work can be quite pocket heavy depending on the type of electrical job.
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The professionally trained electrician does not do any guess work, so he can take good care of your possessions and make sure that the circuits are dealt well for the future as well.
Excellent tips! I think prevention is always better, so in the case of HVAC systems, we must always get it inspected by a professional during offseason when it is not needed as it will be more cost-effective.
Life of your roof can easily exceed beyond 15 years if you invest in quality roofing material and also get it inspected at least once in a year, at least after rains and snowfalls so that minor cracks could be timely spotted and repaired without spending much.
Many electricians spend a third or more of their time navigating traffic on their way to a jobsite. Every contractor must find a way to pay for the expense of driving each day.