Buying your very first house could be one of the most exciting adventures, although you decide the budget you are prepared to pay, do not neglect the cost of home maintenance.
While visiting properties to potentially buy, you are already imagining how you are going to decorate the home, what type of furniture you need, and the seconds you may produce.
But you will find far more homeownership prices than you believe. The cost of maintaining that a home is rather different from simply purchasing a home.
Before that you try to find properties, make a budget for not only the home’s price but also its upkeep. Expect to invest at least 1% of the home’s cost in upkeep each year.
Porch.com analyzed ZIP codes with the maximum home upkeep price, lowest prices, and in which you can expect to invest your money each year.
If you have not thought about how many times you ought to be aerating your lawn or maintaining your home intact, continue reading.
Average Home Maintenance Costs By State
Any house’s price is dependent upon where you reside, along with the house’s style, age, and type may also affect that amount.
From ranch-style abodes at Alaska into Craftsman houses in Alabama, the type of house that you wish to purchase might be a factor to how much you’ll need to pay to keep it.
The average cost of keeping a house annually can be only over $16,000. In other regions such as Washington D.C., you may want to factor in a bit extra to pay for the upkeep.
The analysis found that keeping a home at New Jersey ($18,151) cost more than anywhere else around the U.S. In second area has been Washington D.C. ($18,119), followed by Connecticut ($17,782), and Maryland ($17,699).
On another hand, states such as Arkansas ($15,115), West Virginia ($15,068), and Mississippi ($14,890), would be the lowest priced in house maintenance expenses.