Maintaining Your Home
To protect the value of your property – and ensure the comfort and safety of your family – it is important that you maintain the condition of your home. This will require both time and money.
To help you plan for home maintenance costs:
- Set aside time and money. Once you move into your new home, you'll need to ensure you plan for time and financial commitments to improve and maintain your property, such as lawn care, annual deck cleanings and duct cleaning.
- Plan ahead for major purchases and home improvements. If you know your roof, or other significant feature, will need replacement in a few years, be sure to make this part of your spending plan now.
- Take periodic inventory of your home's appliances, roof, decks, etc. Take note of when warranties end, the age of certain features, and when some of their manufacturers recommend replacement.
- Make sure your insurance is active and current. By maintaining an adequate amount of homeowner's insurance (generally the cost to rebuild your home if damaged or destroyed) you'll have the protection you need for serious damage or a disaster.
Caring for and maintaining your home is an important responsibility as a homeowner and can prevent costly problems from arising, make mechanical systems last longer, and have a positive impact on your home's value.
Tools & Resources
Get Smart About Credit
Take our online, interactive training courses to learn about credit, money management, and responsible homeownership.