Imagine you’ve established a restaurant business and focused all your efforts and resources in ensuring its success. Now is a good time to give some attention to your aging house. When was the last time you called an appliance repairman in Salt Lake City? If the house came with built-in appliances such as a stove, refrigerator, washer-dryer or a heating system, it might be time to check those too.
Home maintenance can be a very challenging endeavor. It requires time, resources and the right mindset to determine priorities. Things could easily go wrong and cost you the big bucks if you don’t get it right. Here are few ideas for your consideration.
Factors Age Your Home
Understanding the maintenance requirement of your house depends on several factors, like the actual age of the house, the weather or if it is located at the bottom of a slope. A house that’s 20 to 30 years old would probably need replacement of roof components already.
If you have a basement, water proofing and flooding might be an issue for a house found at the foot of a hill, where water collects and drains. Taking stock of these key factors are also crucial in determining your priorities.
There’s the 1% rule. Some say it’s 2%. But the idea is that you set aside an amount per year based on the purchase price of your house. If you bought a house for $400,000, then you should save $4,000 or $8,000 per year to apply the 1% or 2% respectively.
Once you’ve established your maintenance money pot, identify your priorities. Will you allocate money for the improvement of your garden and outside landscaping? Or will you replace your roof, which threatens of leak and moisture?
You won’t get sick if you don’t replace the dead patch of grass in your garden. But moisture inside the house that leads to mold, presents serious threats to your health. Check as well if your purchase comes with a home warranty, for items like furnace or water heater.
DIY vs. Calling in the Pros
Setting aside one’s ability as a handyperson, the primary allure of going DIY is the savings on cost. You do it, then you save on labor and perhaps other costs.
For those who’ve already invested on tools and other equipment over the years, the path to DIY would perhaps be a no-brainer. But if you’re doing it for the first time, remember that you would need to invest on tools and equipment. That’s an additional strain on your budget. Bringing in the pros might be more economical.
Budget for Your Gadget
Whether it’s a washing machine, an air-conditioning system or an ice maker, you should not ignore the maintenance requirement of these devices. Dirt build up or worn-out parts if left unattended for long periods of time may just give you more headache.
Make sure that you include them in your list of priorities. They may find their way at the top of your list or somewhere near the bottom, but it’s always a good idea to keep them on the list.
Knowing the state of your house, budgeting and deciding whether to go with a contractor or not will help you properly deal with a home maintenance project.