When you bought your home, did you consider all of the hard-work and outflow of money that comes with being a homeowner? According to MSN Real Estate, the minimum price for fixing and maintaining a home every year is one-percent of the home’s total worth. For example, if you buy a house worth $500,000, your minimum upkeep will be approximately $5,000 annually.
Of course, home maintenance and improvement often goes beyond replacing PVC plugs, light bulbs, and locks. As Warmly Yours Radiant Heating writes, Americans spent $150 billion in 2013 to upgrade their bathrooms, kitchens, and other rooms. Much of that spending was discretionary and was only meant to improve the aesthetic qualities of their homes.
Whether you Read More