Frequently Asked Home Maintenance Questions
How much should I budget for home maintenance annually?
A widely accepted rule of thumb is to budget 1% to 4% of your home’s value for annual maintenance and repairs. For a $300,000 home, that would be $3,000 to $12,000 per year, or $250 to $1,000 per month. The exact amount depends on the age and condition of your home. A newer home might be closer to 1%, while an older home with original systems could be 4% or more.
What are the most overlooked home maintenance tasks?
Three of the most commonly forgotten tasks are also some of the most critical. First is cleaning the dryer vent ductwork all the way to the exterior vent cap. Second is testing the sump pump, which people often forget until their basement is flooding. Third is cleaning the range hood filter above the stove, which can become so clogged with grease that it becomes a fire hazard and loses its ability to vent cooking fumes effectively.
Can I do most of these tasks as a renter?
It depends on your lease agreement, but generally, renters are responsible for simple upkeep and cleanliness, while landlords are responsible for the structure and major systems. As a renter, you should handle tasks like changing lightbulbs, testing smoke detectors, and reporting leaks promptly. Your landlord is typically responsible for servicing the HVAC system, cleaning gutters, and handling any repairs to plumbing, electrical, or appliances that came with the unit. Always communicate with your landlord before undertaking any repairs yourself.