5 Home Maintenance Tips To Help Save You Money Later

Wednesday, September 21, 2016, 6:00 AM | 11 Comments

Home maintenance results in upfront costs, which scare many homeowners into actually committing resources to it.

Done right, however, you can maintain your home’s pristine condition without burning a hole through your wallet.

Here are five tips to helping you achieve that and more.

5 Home Maintenance Tips To Help Save You Money

  1. Check the Gutters and Downspouts

    These parts of the house are often neglected since, let’s face it, nobody really looks at the gutter and downspouts.

    At the backdrop of any household, however, these two components work day and night to ensure proper water flow.

    Obstructed gutters and downspouts can flood the basement and weaken the property’s foundation.

    Exposed to water, surrounding parts of the home that are wood-based can also rot away and be a conducive home for pests and insects.

    The overall damage can cost as much as $5,000 or more, depending on the housing material and property valuation.

  2. Inspect Your Plumbing System

    Water leakage is a costly problem for many homeowners. Luckily, albeit, early diagnosis and prompt repairs can significantly trim costs.

    Left unabated, leaking water can cause mold and mildew growth. Inspect your toilet and cabinet sink for any leaking or cracked pipelines.

    Companies, like Rapid Rooter, can help you identify and maintain residential plumbing systems for minimal costs.

  3. Follow the One Percent Rule

    As a general rule of thumb, save at least one percent of the purchase price of the property.

    For instance, if your property costs $500,000, you should allocate at least $5,000 as budget for yearly maintenance.

    This doesn’t mean you have to consume that $5,000 every year, but have the budget as cushion for any expenses incurred throughout the year.

  4. Consider Factors that Raise Price

    The age of the house will play a key factor when getting billed for maintenance and repairs.

    Older homes will naturally require more frequent and more costly repairs and replacement of rusty and worn-out parts.

    Weather in the area and location are also related factors that contribute to the rise/drop of home maintenance and repair services.

  5. Clean Out HVAC Systems

    HVAC systems encompass a variety of sub-components including air conditioners, heaters, dryers, and septic tanks.

    When one of these sub-components malfunction, your entire family’s routine can fall apart.

    Not only that, but a neglected HVAC system can cost as much as $100,000 in repairs and replacement parts.

Maintaining your home will require time, effort, and money, but the resources spent are only a fraction of what you could end up spending when damages start popping left and right. It really is amazing how much money you can save down the road through proper home maintenance.

Author BIO

Kara Masterson is a freelance writer from West Jordan, Utah. She graduated from the University of Utah and enjoys writing and spending time with her dog, Max.

Throw us a like at Facebook.com/doable.finance

  1. 11 Responses to “5 Home Maintenance Tips To Help Save You Money Later”

  2. By Dencil Pumps on Sep 21, 2016, 6:43 am | Reply

    Thanks for sharing this article. Really glad to read this article and I will refer this site to my friends.

  3. By Laurie on Sep 23, 2016, 8:01 pm | Reply

    I do think it is important to keep an eye on your property and go around and check everything out periodically. Whether you are walking around and looking at your roof from on the ground to see if anything seems amiss (if you notice shingles don’t look right or are missing) or whether you look at your water heater to make sure there are no signs of rust or leaks, it is important to do to maintain the integrity of your home. Great tips, thanks for sharing!

  4. By Steve @ HVAC Denver on Jan 9, 2017, 7:13 am | Reply

    Thank you for these fantastic tips. Even though, I was familiar with some of the tips. The one percent rule was new info for me. Thanks again.

  5. By Dorris J Smelley on Feb 7, 2017, 7:01 am | Reply

    Thanks for sharing such a wonderful post.

    It’s required to perform the inspection of your home in a gap of 1 month as this will help in recognising the issues in your home.
    If you want to curb mold and mildew completely as well from your home you need to take a glimpse at the moisture level in your home.
    Dorris J Smelley recently posted…Brown MoldMy Profile

  6. By briyanga on Mar 8, 2017, 2:10 am | Reply

    Thanks for sharing the valuable tips on maintaining home/ property to save money as much as possible

  7. By Selene on Mar 27, 2017, 3:55 pm | Reply

    Great post! Definitely some very helpful information, regular home maintenance is certainly important on the inside and out. Also making sure your lawn is properly taken care of is very important as well. Thanks for sharing!
    Selene recently posted…Hello world!My Profile

  8. By road rail Brisbane on Apr 14, 2017, 9:11 am | Reply

    If you want to start your dream renovation project, you can do so by finding creative ways to work within your budget. One of the best ways to save is being flexible in your design.

  9. By Trenton on May 4, 2017, 1:49 pm | Reply

    Great post! These are definitely some helpful tips on home maintenance. Especially when it comes to maintaining your plumbing system. Thanks for sharing.

  10. By Precious Leyva on Jun 30, 2017, 2:51 pm | Reply

    Wow, I had no idea that a neglected HVAC system could cost so much money; $100,000 is a lot in repairs. Since summer is here, it might be a good idea that I invest in some air conditioning maintenance. I wouldn’t want the air conditioning system to break down and then cost me even more money.

  11. By LNweaver on Aug 4, 2017, 7:21 pm | Reply

    That’s a good point that unencumbered water leakage can lead to mold growth. It’s important to stay on top of your plumbing. This is especially true if you have a septic tank; you need to have it pumped every two years to keep it in appropriate working condition.

  12. By LNWeaver on Aug 30, 2017, 7:18 pm | Reply

    I didn’t know HVAC systems include air conditioners, heaters, dryers, and septic tanks. It might be valuable to have a technician look at your system since it’s that complex. HVAC makes up 30% of your heating bill, so it’s important that it’s running efficiently.

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