A 7-step guide to home maintenance will help you save money

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For many people, having to spend a lot of time at home highlights the flaws in their lives. Either we need to make some modifications to keep things up to date, or we need to do some maintenance to keep things running smoothly.

Judging from the amount of money we spend on home maintenance and renovation, we must have noticed a lot of deficiencies.

According to the future renovation plan of the Harvard University Housing Research Joint Center, by the third quarter of 2021, the United States will spend US$357 billion on home renovation and maintenance, and it is expected to reach US$368 billion. The plan predicts that by the end of 2022, the total will increase to 400 billion US dollars.

7-step home maintenance plan for 2022

Are you one of the people planning home maintenance and repair projects? If so, you may not have a lot of cash in your home maintenance budget.

You can save some pennies with some home maintenance and repair tips learned by Penny Hoarders in 2021. We collected them into this seven-step guide to home maintenance and repair.

1. Don’t ignore your call for help

Your house cannot speak, but it can send you messages. If it is seeking help, ignoring the message may cost you money in the future.

Don’t neglect house repairs, In the long run, you will save money. Here are eight you cannot postpone.

  1. Anything related to water. A small wet spot may be a sign of a leak somewhere. Eventually, leakage will increase and may damage floors, walls, furniture, etc. Leaky faucets, running toilets, or dripping water heaters can cost more than repairs.
  2. Anything that involves electricity. Flickering lights, broken sockets or switches, tripped circuit breakers, and unresettable GFI sockets can be signs of electrical problems, which can cause a fire.
  3. Pests. If left alone, rodents and bugs can cause great harm.
  4. Peel off the caulk and paint. Once the protective caulk or paint disappears, water can enter and cause damage.
  5. HVAC is damaged or malfunctioning. Problems with heating, ventilation, and air conditioning (HVAC) may mean that you sweat too much or are too cold. But temperature fluctuations in the home can cause problems. The extra humidity can cause mold, and cold temperatures can cause the pipes to freeze.
  6. crack. Small cracks are normal. Large or changing cracks are not.
  7. Smoke alarm and carbon monoxide detector. Working detectors save lives. Replace the battery regularly.
  8. Darken the ceiling near the fireplace. Dark places or soot smells may mean poor ventilation in the fireplace, which can allow lethal gas to enter.

2. Keep up with home maintenance

Maintenance is usually cheaper than repairs, so timely inspection of the conditions around your home can help you avoid future repair costs.It’s wise to figure it out How much is the home maintenance budget. The following are things you should consider:

  • Prevent moisture problems. When water appears where it shouldn’t be, it can be evil. Check drains, sewage pumps, water heaters, faucets, drains, septic tanks and irrigation systems regularly.
  • Maintain electrical appliances and equipment. Do annual HVAC maintenance And regularly replace the filter. Check the connection to the laundry room and clean the dryer vents. Replace the filter and clean the cooker hood in the kitchen.
  • Keep the appearance. Keep the house away from dirt so that the water can drain properly. Check the paint and siding to make sure they look good and protect your house. Keep the caulk around the opening. Check the chimney. Repair electric garage doors.

Financial experts recommend depositing approximately US$200 per month for home maintenance. In this way, you will have $2,400 per year, which is expected to pay for maintenance and possible repairs.

3. Know when to DIY and when to use Pro

Sometimes it is necessary to hire professionals when dealing with home maintenance or home improvement projects.

Do you really want to DIY and regret it?

When to decide DIY or hire a professional, Ask yourself how much experience you really have. On TV or YouTube videos, things often seem easier than they actually are.

Experts say that unless you have experience, avoid DIY anything that involves electricity (especially 220 circuits) or water. Things will go bad very quickly.

4. Obtaining bids for residential projects

If your home needs professional help, Obtaining bids for residential projects Can save you a lot of money and time.

Professional handymen can handle a variety of tasks, such as caulking, painting, drain cleaning, repairing plasterboard, installing tiles, hanging objects, and installing fixtures. It may be helpful to list the work you want to accomplish, so if you only hire a handyman for a few hours, you can give priority. .

When looking for the right expert for your home project:

  • Learn about the project by watching the video. This will help you understand whether someone’s time estimate is far away from you.
  • Ask for suggestions. Neighbors, friends, and family usually know good people who work well. In addition, real estate agents will be able to tell you who they recommend to prepare for the sale.
  • Websites and apps allow you to easily research who can meet your needs. Some even allow you to post a request for someone to bid on your project.
  • Read reviews before hiring someone.

Don’t be afraid to ask questions and discuss exactly what the estimate includes and what the payment terms are. This is your home.

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5. Do your best to reduce electricity bills

Some simple things can help you get Reduce electricity bills Every month.

  • Seal cracks and leaks.
  • Upgrade to more energy-efficient equipment.
  • Use a fan.
  • Air dry clothes as much as possible.
  • Replace with LED lighting.

You can also save other utility bills, pay attention to your consumption habits. For example, some simple reductions in water use may mean savings in water bills.

6. Know what your family insurance covers

Disasters or repairs can destroy your budget. Homeowners insurance can help protect your property and belongings from damage and loss. It also provides liability insurance.

However, it is not always easy to know which content covers which content and which content does not. When is it worth filing a claim?

Not all homeowner policies are equal, and they can vary greatly depending on where you live and the type of residence. It is important to understand when it can help you-and when it can’t.This article can help you learn What family insurance covers.

7. Home buyers: Don’t skip the house inspection

If you are ready to enter the world of owning a house or move into a new home, please don’t indulge in excitement, lest you make a big mistake.

Follow these eight points House inspection checklist In the end, it may pour cold water on your plan, but if you fall in love with a money pit, it can also prevent buyer’s regret.

The inspector will inspect more than 1,000 things in a house. Generally speaking, these things are:

  • Structure
  • roof
  • Attic and insulation
  • HVAC system
  • Pipes and water
  • Electrical and wiring
  • Outside
  • Home appliances

In today’s crazy real estate market, abandoning inspections may make your offer more attractive to sellers, but an average inspection cost of $350 can save you thousands of dollars.

Tiffani Sherman is a freelance journalist based in Florida with more than 25 years of experience writing on finance, health, tourism, and other topics.


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