Child maintenance advice for fathers
- how much maintenance should i get
- how much maintenance should i get for 3 children
- how much maintenance should i get from my ex
- how much maintenance loan should i get
Child maintenance contact number.
Average home maintenance costs
Edited by
Jennifer Carlson
Fact-checked by
Kristen Cramer
How much to budget for home maintenance
Average home maintenance costs range from $4,000 to $22,000per year.
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However, the cost of home maintenance depends on the home's age, size, location, features, and condition. Financial experts recommend budgeting 1% to 4% of a home's value each year for maintenance and repairs.
Investing in routine maintenance prevents more costly repairs later.
| Home value | Average annual maintenance cost |
|---|---|
| $250,000 | $2,500 – $10,000 |
| $300,000 | $3,000 – $12,000 |
| $350,000 | $3,500 – $14,000 |
| $400,000 | $4,000 – $16,000 |
| $450,000 | $4,500 – $18,000 |
| $500,000 | $5,000 – $20,000 |
| $550,000 | $5,500 – $22,000 |
| $600,000 | $6,000 – $24,000 |
| $700,000 | $7,000 – $28,000 |
Some experts suggest setting aside an additional 1% to 3% for emergency repairs or replacements.
Older homes typically require more maintenance than newer homes
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