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Reply to "MORE SH*T IS BREAKING! Or, how much do you spend on maintenance?"
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[quote=Anonymous]1% sounds about right for us, but we purchased a fixer upper. Since purchasing in 08 our repairs and maintenance big ticket items have been as follows: Hot water heater and electrical upgrade Windows and gutters Furnace Retaining wall, sump pump yard grading for run off. AC system replaced Washer/dryer This was on top of gutting the kitchen when we moved in, which we had factored in when purchasing. Then there always the $500 little thing, like the winter something tore up our roof on two different occasions and roofers have a 'just climbing on the roof' starting cost of $250 so in one month we wracked up almost $1000 of roof patching because of an animal. So, in hindsight, 1% seems about right. Our home is valued at $575. [/quote]
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