If you are a homeowner, how much

It really varies. We can go a couple of years with just spending maybe a few hundred and then we have the pipes replaces (last week) for 6K. We make sure we save a lot every month and have a good savings account for when those emergencies arise.

For us it varies. We may spend a ton one year, and a lot less other years. We are lucky because my husband is very handy. I am not handy at all, so if it wasn't for him, we would spend a lot on home repair.

TBH, the bare minimum. It’s not a priority for us. When something we can’t live without breaks, we replace it.

WoW. that seems like a a lot! what are you doing?
Our house is 100 yrs old. Like others have said some yrs it's a lot, some yrs nothing. Like last yr..I think we spent..100$? maybe. Things have been remodeled over the yrs, and redone. so it's ever changing, but at the most we spend maybe 1000$ and that was for shingles, or new flooring.

My house is almost 98 years old. Since we moved in 15 years ago we've repainted most of the rooms, replaced our roof, and gutted and remodeled the kitchen. Other than our kitchen, most of our expenses have been replacing appliances that don't last 10 years. Our water heater is probably 20/25 years old. Our AC is over 30 years old. Both are chugging along. But I'm on my 3rd refrigerator and 3rd washing machine.

my home is 90 yr old. sometimes we spend a lot, and sometimes almost nothing. this month we are spending $20,000 to have house painted...it has been 12 yrs. we also have a leak which will cost us at least a few thousand.. then we should up grade 4 more windows at $700 each.. next year we will spend a bit. last yr, dh broke the old toilet and replaced it himself.

we need to address more earthquake bracing in garage/basement in near future.

Our house is 64 yrs old and we’ve owned it 11 yrs. We are putting a new roof on it this year which will be our largest expense so far. Since we bought it we have painted every room and done a lot of gardening and yard work but that is more cosmetic than maintenance.

Our other large expense was the insulated siding we put on our second year. We’ve also replaced the fireplace insert and various appliances. But I don’t think we’ve had to replace the furnace or water heater. So not a lot for as old as it is.

Typically not much, but this year will be an exception. We discovered a slab leak last night. Will definitely involve flooring and some dry wall.

As others have said, it really varies. Some years it will seem like everything breaks and needs work and then you'll go five years without needing to do anything. I recently moved into my current place so time will tell. My old place was older (built in the late 70s) but it was solid. I lived there for 9 years and rarely needed anything aside from cosmetic things. I was still using the original HVAC system when I sold it.

Hoo boy - this year I had major work (masonry - in case anyone remembers my questions about that) and then painting the outside. Inside is mostly fine, except appliances are all 10 years old. Hoping they'll hang on for a while. Will be saving a lot more each year since I had to refinance to be able to pay for the masonry.

This is difficult since so many expenses are regional. I am in South Florida so regular things like exterminators are the norm.

Also, I might not be the right person to respond since we recently bought a foreclosure. It wasn't in terrible shape just neglected. It was built in 1997.

With the amount we have spent in the 15 months since we bought this house, you probably could have bought a decent three bedroom house in many areas of US.

So far we have;

-replaced the water heater
-converted from well to city water including buying the meter and having lines run to house
-replaced both HVACs,
-remodeled the pool including a new mechanical system and decking
-replaced/rehabed the irrigation system
-repaired doors and windows
-painted the entire interior and exterior
-replaced flooring
-replaced kitchen appliances
-bought washer/dryer and laundry room cabinets
-replaced exterior light fixtures
-bought accordion hurricane shutters for all windows and doors with exception of entry


Next year;
-impact resistant front entry doors including arched window above the doors
-4.5 bathrooms to remodel including tile, painting, vanities and toilets
-landscaping and landscape lighting
-garage shelving and cabinets
-driveway and walkway paving

Additional regular expenses specific to where we live include;
-pool service
-yard service
-monthly lawn treatment and exterminator
-entire house window treatments

The previous house was about 7-8K per year, smaller, did not have a pool and not as formal as the current house.

Less than $2000

My house is barely 3 years old, so need to replace a lot

We have our sprinklers blown our and change the air filter.

Next year we will have the ac and furnace serviced.


Wait...we are having solar panels installed and that will be about $40,000 with the battery banks

I guess there is a difference between just doing repairs, and doing improvements or remodeling. I feel like we don't spend much on just repairs (I'd say about $1-3,000) but upgrades and remodels are a different story...

I agree.

We built our house 32 years ago. We have replaced all the windows, the roof, the HVAC system, all the appliance, and the water heater twice.

In addition, we have finished the basement, updated the kitchen, added hardwood floors, and remodeled our small master bath after a leak.

All that adds up to over $100,000, so that is $3,000 per year, plus the small items like painting, toilet repair, etc. 

Suze Orman recommends saving at least 1% of your home value every year for repairs. I think it's good advice.