The Value of Home Maintenance

Regular maintenance of your home is an important part of maintaining its value. With proper maintenance your home will not only provide a pleasant and safe living environment but will also help keep small fixes from turning into expensive problems.

Your home is likely the largest financial investment you’ll ever make. Protect that investment by regularly performing routine home maintenance.

Regular maintenance helps prevent small issues from turning into major problems and helps maintain the value of your home. Don’t know where to begin? Follow these steps to realize the value of home maintenance.

Set aside a home maintenance fund
That old saying “it takes money to make money” holds true with your home’s value as well. According to the U.S. Census, annual home maintenance costs average more than $3,000 over time.

To be prepared for larger expenses down the road, or even for those weekend to-do list projects, plan to set aside 1 percent to 3 percent of your home’s initial purchase price for ongoing upkeep and repairs.

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