If you’re a new homeowner, you may be surprised by some of the home maintenance costs you’ll be responsible for on your property. It’s helpful to know what to expect so you can plan for routine tasks throughout the year. Here are a few expenses to expect as a first-time homebuyer.
Landscaping Home Maintenance Costs
The cost of keeping up the landscape is one task you’ll want to budget for since watering and mowing a lawn can cost hundreds of dollars every year. This is before you purchase fertilizers or special gardening amendments.
Trimming and removing trees will also increase your lawn and garden expenses. Whether you decide to do these tasks yourself or hire a professional, set aside money for tools and equipment or regular maintenance fees.
If you are lucky enough to live in a relatively pest-free area, you may only spend a few hundred dollars a year on bug barriers and sprays from your local hardware store.
However, in many places, more intensive pest control is required to keep ants, roaches, termites, and other insects from invading your home. In this case, expect to spend around fifty dollars each month on treatment from a professional company, or budget accordingly for a quarterly pest control regimen.
Home Maintenance and Upkeep Costs
You likely keep standard cleaning supplies for use on an everyday basis, but when you own a home, plan for more intensive cleaning. For instance, shampooing rugs and carpets regularly can be expensive. Replacing air filters and having your air ducts cleaned can also be costly. Touching up paint that is starting to look dingy will add up as well.
Many of these are expenses that renters don’t face because property managers schedule the maintenance, but when you own a house, these items become your responsibility.
These are just three maintenance costs that might surprise first-time homebuyers. If you are preparing to move into your first house, make sure to plan for the additional expenses of landscaping, pest control, and home maintenance services that will be coming out of your pocket.