Tom Ramcigam (magicmarmot) wrote,
Tom Ramcigam

Home selling notes

Experts recommend budgeting 1 to 3% of your home’s value for maintenance and repairs each year.

If I assume that my home's value is $300,000 (which is probably high right now), that's $3000-$9000 per year in maintenance.

And actually, I think in 2005 I spent $4700 in materials for maintenance and repair. Considering that's just materials, I'm in the ballpark.
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