Being a homeowner has many rewards, but it also comes with responsibilities. Regular upkeep on your home prevents loss of property value, structural issues, and major system malfunctions. Some projects are more expensive than others, so it helps to create a budget. Here are home maintenance costs a first-time buyer should prepare for.
Home Maintenance Costs: Landscaping
Depending on the size of your lawn, upkeep on shrubs and trees can be very time-consuming. You can choose to tackle lawn care yourself or hire a company to do the work. Taking care of the lawn yourself will require an investment in basic tools. You’ll need a lawnmower, shovels, rakes, and pruning tools. Alternatively, you can choose to hire a company to regularly maintain the lawn and landscape. Major tree maintenance, like the removal of large branches or entire trees, should be handled by a professional landscaping company or tree service.
Roaches, rats, and mice can be a health hazard. Termites and carpenter ants threaten the structural integrity of your home. If you have a pest problem, plan for multiple visits from a pest control service to inspect, diagnose, and deal with the issue. To decrease the likelihood of pests in your home, maintain a clean house, seal all gaps and cracks, and store trash in secure containers. You can also schedule regular preventative services with a pest control company.
Home HVAC Maintenance Costs
At least twice each year, schedule an HVAC technician to inspect and maintain your heating and cooling system. Most homeowners have these services performed in spring and fall to prepare for the temperature extremes of summer and winters. Having regular maintenance done will keep your system working effectively and efficiently.
Electricity is dangerous and you should not try to fix electrical issues yourself. You may go years without any electrical issues, but if a problem arises, expect to pay your electrician between $50 and $100 per hour. This will be in addition to any materials and supplies needed to make repairs or upgrades to your home.