Almost all new homeowners have calculated their monthly mortgage payments, but fewer have likely factored in the cost of routine maintenance tasks.
An analysis by home-remodeling portal Porch breaks down home-maintenance costs by states and ZIP codes, as well as individual jobs. Though it’s commonly accepted wisdom that owners should expect to spend 1 percent of a home’s cost on maintenance each year, Porch determined that nationwide, Americans spend an average of $16,000 on home upkeep annually, assuming that the work is outsourced to professionals. Read full article @elizabethGkilgore
- California homeowners can expect to spend nearly $17,000 each year to maintain their properties, higher than the national average.
- Atherton ranks as the most expensive city in California for home upkeep, an average of more than $27,000 per year.
- Replacing a swimming pool’s filtration system is the most expensive routine home-maintenance task, costing nearly $1,800 and required about every two years.

#California #homemaintenance #realestate #egk415 #elizabethGkilgore #PacUnion #homeowners #mortgage #payments
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