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Reply to "What % of your monthly ne do you spend on housing PITI?"
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[quote=Anonymous]I think one big consideration is the cost of maintenance. What size yard will you have and will you do any of the work on it? I spend 1K/year on mulching and fall clean up (do the weeding and mowing myself). Are there a lot of old trees? I've spent $700-2500 in many years on tree trimming or removal of large branches that have come down in a storm. Are the windows, roof, appliances, and HVAC system new(ish), or will they need replacing? Is there a lot of wood trim and windows that will need repainting? Thanks 1000's every few years. The other thread on this was in the Real Estate forum, FYI.[/quote]
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