There are two major advantages to keeping up with your home maintenance checklist. First of all, it’s simply incomparably more comfortable and enjoyable to live in a well-maintained home without the need to worry that the roof may fall on your head one day. Then, when you decide you want to sell your house, the whole selling process will be easier and probably much quicker. Plus, you will be able to increase the price, as the cared for home will be as good as new.
Having your own house is undoubtedly the source of joy and satisfaction, but it can also become overwhelming since homeowners are the ones responsible for keeping their homes in a tip-top condition. And there are so many things to remember – the flooring, siding, roof, driveway, and so many more.
It is crucial to regularly do home repairs; otherwise, you risk causing more severe damages that will also be considerably more expensive to deal with. The more regular maintenance, the lower the cost of repair and labor.
To give you an idea, we present you with some of the most significant repairs estimate costs, including both labor and materials.
What Are House Repair Costs?
The final price is always an individual matter. Repair costs may differ depending on many factors, such as your home location, used materials, or the extent of the damage, but here, we provide you with some general estimates for all homeowners to get a grip of how much it may cost to do some of the biggest and the most common repairs and renovations.
Roof – $2,000-$25,000
You need to know that if your roof is already leaking, it is probably too late for a small repair, and the damage is done. What’s more, not every leak is evident (it will rarely be in the middle of the house where it would be impossible to miss), but it always leads to more severe problems, such as structural damage, which can even be dangerous.
Of course, installing a whole new roof is much more expensive than repairing the existing one (as long as it’s not really severely damaged). It usually takes from $5,000 up to $12,000 to tear off the roof and replace it with a new one when you hire professionals. It is a price for a standard roof of 2,200 to 2,600 square feet, but the price may go as high as even $25,000 if there’s a need for a full replacement.
It gets cheaper if you have some time to spare and possess enough skills and experience to make the repair yourself. Depending on the square footage and the roof’s desired type, you will pay for the materials between $2,000 and $6,000. However, you should only do it on your own if you know what you’re doing. Small leaks are relatively easy to manage, but in case of bigger problems, you don’t want to risk adding medical bills to the repair costs or damaging your home even more.
Depending on the materials, a roof lasts typically from 20 to 30 years, so you may start keeping a close eye on yours and thinking about maintenance if you know it is around 10 years old.
Electrical Repairs – from $100
There should be no messing around with electricity, so if you are not an electrician yourself, you should hire a professional to carry out electrical replacements, repairs, or wiring changes. These can include anything connected to the power source, from lighting, wiring, and switches to smart home systems and home generators, so the price varies significantly as well – from $100 up to thousands.
HVAC – $270-$320 (maintenance) – $3,800-$5,200 (new)
Heating or air-conditioning units truly need ongoing maintenance to function correctly and serve its purpose instead of wasting the energy you pay for or even becoming potentially harmful. Each unit should be cleaned up and checked by a specialist at least once a year, and preferably twice – at the beginning and end of the exploitation season unless you use it all year round.
A maintenance visit will cost you between $270-$320 (on average), while a whole new unit is $5,210 for an AC and $3,865 for a furnace.
Exterior Painting/Siding – $5,000-$8,500
If you want a professional to paint your house, you will most probably end up paying around $5,000 for the whole job, but you can quite easily do it yourself, as long as you have some time to spare. It will be much less expensive, but the final cost will depend on your chosen paint, as they vary significantly in prices, colors, types, etc.
Depending on your current siding, your area of living, and other factors, your exteriors can last between 10 and 30 years. It is not too often, which is good news, as it is not cheap – even for the most affordable but new siding option (which is vinyl), you will pay around $6,000-$8,500 for a 2,200-square-foot home. You also need to take care of the old siding yourself.
Windows – $300-$500 (each)
It’s vital for a home to have efficient windows that don’t allow any unwanted drafts indoors. It doesn’t only help all the household members avoid common colds but also reduce heating bills during colder months. That’s why it’s worth keeping track of your windows’ seals and replacing them as soon as they break.
Depending on the type and your chosen style, windows cost between $300-$500 each on average. It is also the reason why all homeowners would prefer to notice drafts as soon as possible – you would probably want to avoid situations when you would be forced to replace all the windows at the same moment.
Hot Water Heater – $500-$4,500
Unfortunately, it’s hard to predict a hot water heater’s malfunction, and normally, you will know something is wrong only minutes before it breaks down for good. Luckily, you can get a new one in no time from $300 to $900 with an additional $250 spent on the installation, as you will usually need a professional to do that.
If you are thinking long term, and your budget is more flexible, you may want to invest in a tankless water heater. It’s more expensive to buy than a regular one (the average cost with the installation is between $2,500-$4,500), but it’s incomparably more efficient, and it will undoubtedly pay off very soon. It’s no wonder that it’s getting more and more popular.
And don’t forget about regular maintenance to avoid accidents.
Asbestos Removal – $500-$4,500
Asbestos is a problem, especially in the case of older houses, from before the 1970s, that haven’t been renovated yet. It is highly dangerous, as prolonged exposure to this material can even lead to cancer. So if you have inherited or bought an older home, be sure to have a specialist inspecting it. Depending on the scale of the problem, for asbestos removal, you can pay between $500 and $4,500.
Mold Removal – $400-$6,000
If your house has any dark spots that tend to get wet on a regular basis (like a basement, underexposed bathroom, laundry room, etc.), sooner or later, you will probably have to deal with mold, a type of fungus that thrives on any organic materials. Its presence can lead to a variety of health issues, e.g., allergies or skin and lung problems.
The average cost of mold removal is a bit over $2,000, but it starts at $400 and can go as high as $6,000, depending on the size of the problem.
Foundations – $500-$12,000
Foundations problems are not to be ignored, as they can have some severe consequences – cracks in the walls or sinking flooring are not the issues you would like to be dealing with. A structural engineer may help with the diagnosis and repair planning. The total cost can be anywhere between $500 and $12,000. It is influenced by your house’s construction type, the scale of the damage, your living area, and more.
Driveway – from $300
A driveway is one of the first things you see when you approach someone’s home, so keeping it looking good is crucial when you want to sell a property. Depending on the size and used materials, you can make your driveway appealing again from $300 up. Gravel is the cheapest material, and you can do wonders with it with a little bit of imagination, but if your budget is not very limited, you can go crazy by choosing a high-quality stone.
Flooring – $3-$18 per square foot
You can’t really repair your floor unless it’s a really small, more superficial damage. When it wears out, you will most probably need to replace it.
Considering its purpose, it is no wonder that flooring is one of the elements that require quite regular replacements. That’s why it is essential to choose the high-quality, durable type of flooring at the very beginning and to conduct proper maintenance regularly. In the case of a medium-sized living room (around 330 square feet), the estimated cost falls somewhere between $1,660 and $4,620 (with professionals doing the labor), depending on your chosen material. Remember that it’s not really worth skimping on the flooring – the overall cost will be reduced only initially.
How Can You Avoid Spending Money and Worrying?
Here, at Highest Cash Offer, we know life, and we realize that sometimes, homeowners may not have the time or budget for home repairs, or, for numerous possible reasons, may not have the possibility to manage the home selling process themselves. That’s why we’re here – as a real estate solutions company, we are a team of home buying experts, and we are all eager to help you with any issues you may encounter when trying to sell a home.
If you are not sure what you want and whether you need our services, we can schedule a free appointment with no obligations, during which we will present you with a decent, reasonable offer. You are the one who will decide if it satisfies you. No matter where you live and in what condition your home is, we will make you a cash offer to take selling problems off your plate.
Estimating home repairs costs is not an easy task. Numerous variables should be taken into consideration, such as the extent of the damage, your location, materials used, and more. The only thing that can protect homeowners from high home repair costs is regular maintenance.
Therefore, it is reasonable to have a yearly budget for home repairs and maintenance to avoid any financial surprises and unexpected spendings.
Still, things and houses wear out just like everything else; therefore, some replacements and renovations will always be needed. All you can do is everything in your power to reduce the scale with the proper maintenance, and, in case you want to sell fast and with no labor needed – contact us so that we can take care of it all for you!
To receive a FREE, NO OBLIGATION cash offer on your home, call (888) 387-5750 or click the button below!