How Much to Budget for Home Maintenance?

How Much to Budget for Home Maintenance

Owning a house is a responsibility. The landlord is not responsible for contacting you when the sink isn’t draining correctly or your lawn needs mowing. Regular home maintenance is crucial for extending the life of the most critical components and ensuring the house is comfortable and safe.

During the COVID-19 epidemic, residents who remained at home turned to the initiative to increase their homes as well as repair and remodelling expenditures in the years 2020 and 2021, rising 23.8 per cent, according to Harvard’s Joint Center for Housing Studies. The COVID-19 pandemic allowed homeowners to tackle their problems; however, while the remodelling and home repair remodels aren’t as high, the need for home maintenance is an ongoing issue.

Following two years of the market being booming for home buyers, an analysis by the national insurance firm for homeowners Hippo revealed homeowners are more reluctant as they were in the past to commence or complete their house maintenance tasks. A majority of the homeowners who have bought homes in the month of March have put the project off because of prices and inflation. In addition, 47% of the recent purchasers – who purchased an apartment or home after the year 2020 report that supply chain problems are putting them off taking care of their home’s regular maintenance.

However, another study revealed that about 65% of people who faced an issue in their residence realised that regular maintenance could have averted it.

Establishing a household maintenance plan is the best way to care for the house properly. Although costs can vary depending on the location and size of your home, read on for the most common home maintenance expenses, which you can incorporate into your budgeting calculations.

Breaking Down Regular Home Maintenance Costs

A variety of maintenance tasks should be carried out often. “Monthly home maintenance tasks can vary, especially if it’s a larger home or if your home and property are located in a warmer location,” adds Jeff Slipko, co-founder of the property management system.

Although it’s not a complete checklist, the following are routine maintenance chores that apply to single-family homes:

Clean Gutters

The leaves and other debris must be regularly removed from the gutters to warrant that water flows freely through the gutters. Leaf Home Solutions, which produces LeafFilter gutter protection systems, advises cleaning your gutters regularly, at a minimum, twice per year to avoid damage to the roofing and the structure of your home. Based on a property’s size and accessibility to gutters homeowners could anticipate paying 100 or more dollars to get competent cleaning.

Change Filters

The HVAC filters should be cleaned every four months for all four seasons. It is a task that homeowners ought to be able to complete themselves. Filters in most HVAC systems cost around $2-40, similar to the filtration levels, size, and quality, in Consumer Reports. Filters that are more expensive and thicker can last up to six months, while the cheapest filters must be replaced every few months.

Check Sprinkler System

Sprinkler systems in the ground must be cleaned out in the fall and inspected for leaks during spring. “They often break and get eaten by animals, which causes a major water bill,” says Raf Howery, the CEO and co-founder of Kukun which provides information on properties and home management tools. If there is a problem, it is possible to charge between $100 and $400.

Lawn Maintenance

. Costs for lawn maintenance vary widely depending on the amount of effort you’ll need to do and the level of work you can do on your own. This is how much typical lawn care costs adequate LawnStarter: LawnStarter:

  • A typical mower cost is from $29 to $65, and it is usually done weekly or twice a month.
  • Removing leaves, generally done at the close of the fall season, costs between $81 and $465.
  • Cleaning up yards, which is generally done in the springtime, can cost between $171 and $374.
  • The cost of fertilizing a lawn is between the amount of $88 to $544.

HVAC Tuneups

The cooling and heating systems must be checked at the beginning of each season. A routine check can cost $80-$150, compatible with the Howery. Repairs, should they be required, could cost thousands of dollars. “Gas furnaces can cost more due to the complexity of natural gas piping and valves,” the expert claims. Additionally, a non-functioning or improperly working air conditioner can cost as high as $1,000 to repair.

Keep Pipes Clear

“Toilets and sinks don’t need regular maintenance but should be added to your list of inspections to get ahead of any damage,” Slipko states. Utilizing a drain cleaning service monthly could be a great way to benefit to prevent the formation of clogs. Also, specific bacteria-specific additives can benefit the septic system run efficiently throughout the years in between routine draining. The price of these additives can be around 10 or less per month.

“It’s also important to consider home maintenance tasks that don’t require an more (cost),” Slipko adds. “For example, cleaning your ice maker, flushing the water heater and deodorizing the dishwasher.”

Consider using a spreadsheet or a digital tracker like Kukun’s iHome Manager tool to track everything that’s particular to your home.

Common Replacement Costs

No matter how the maintenance is done, regardless of how well they are maintained, certain parts of the home may require replacement. When they can save up for these huge costs as a part of a household maintenance budget, homeowners will not have to pay for their costs.


Asphalt shingles last anywhere from up to thirty years the cost of replacement could range from around $5-$8 per square feet. The owners of a 2,000-square-foot house should budget around $14,000 on a new roofing system, like Howery.

“Other roofs, like red clay tile or slate, can last 70 to 100 years and are proportionately more expensive to replace,” the expert states. Metal roofing, for instance, can last for up to 70 years, and can cost anywhere from around $8,510-$16,150.


A homeowner can count on their furnace to last at minimum 15 years. The house’s size as well as the model of furnace determine the amount, but Slipko states that $3500 is the typical cost for replacing an old furnace. “Natural gas furnace installation is typically more expensive out of all furnace types and can range from $5,000 to $7,000 for an installation cost,” Slipko says.

Air Conditioner

Central air conditioners might require replacement every 10 to 15 years. Howery estimates that the cost will range from $3200 to $8,000. The dimensions of your home are a factor in the expense of replacing the system. The location is also important since the expense of replacing an AC unit in areas with more expensive living costs can drive prices up.

Read More: Is It Better to Rent or Buy a House?

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