If you’ve just gotten a new home, you’re probably subconsciously thinking that the “newness” will last forever. Of course, that isn’t the case and you will immediately need to begin maintenance and at some point, you’re going to get some repairs done as well.
You should set aside approximately one percent of the purchase price of your home each year. You should ensure that you don’t make the assumption that one percent of your mortgage is enough to compensate for your maintenance and repairs. We’re going to show you some of the things that you need to budget for in terms of home repair. You need to budget for…
- Cleaning the gutters
- Replacing the gutters
- Repainting
- Trimming the trees and tree limbs
- Planting sod
- Fertilizing the lawn
- Installing an irrigation system in the lawn
- Installing fences
- Tearing out fences
- Vinyl window replacement (every 35 years)
- Siding replacement
- Roof replacement (every 20 to 25 years)
Now that you know the types of maintenance or repairs that your home will need, you will have a better idea of the amount of money it takes to keep your home looking and feeling new.
If you are looking for the perfect home in Almonte, consider the Riverfront Estates. These Almonte home developments offer solid construction by Almonte home builders Inverness Homes and Doyle homes through a partnership for building Almonte new homes. The perfect place to raise a family combining easy access to Ottawa and city features with picturesque nature scenery and a friendly neighbourhood oasis.
