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5 Big Home Expenses
You Don't Want to Avoid

home equity articles and tips


Owning a home means that you agree to maintain it whether you own it for a year or for 30. While no one likes shelling out money for something they may not get any enjoyment from, there are expenses that you don't want to skip. Let's take a look at some of the biggest maintenance jobs you need to stay on top of.

The Roof Will Need Replacement Eventually

On average, a new roof will last anywhere from 20–25 years—depending on the type of material used. However, unless your home has a new roof on it, it could need replacement within years of buying the home. According to the experts at Chinook Roofing, buckling, curling, and missing shingles are some of the early warning signs of needing a roof replacement. A proper inspection should be able to give you an estimate on how long the roof has left. Depending on how much work needs to be done and why, the cost may be covered by insurance.

The Interior and Exterior Need Painting

Every three to five years, you should have the interior and the exterior of the home painted. This protects against the elements outdoors and against mold and mildew growth inside. Paint can also protect against dirt and grime buildup over the years.

The HVAC System Should Be Inspected Regularly

Each year, your HVAC system should be inspected and cleaned. This will ensure that the air in your home is free from dust, mold or other irritants. Dirty ducts and filters, instead of cleaning the air, can simply recirculate pollutants and allergens. Cleaning the system also works to prevent flammable debris building up in the ducts that could lead to a fire in the home.

The Chimney Should Be Cleaned Annually

Even if your roof doesn't need to be repaired or replaced, the chimney should be inspected and cleaned annually. Doing so will prevent creosote from collecting in the flue and making it harder for smoke to leave the fireplace. If too much creosote builds up, it could start a fire or degrade the chimney's structural integrity.

The Windows May Need Replacing

Windows are more than just pieces of glass that allow sunlight into your home. If they don't fit right, they could allow pests and water into your home. New windows are also more energy efficient, which means that they can help lower heating and cooling bills.

Maintaining your home may cost money that you may prefer to use on a vacation or a new television. However, without a roof over your head or clean air in your home to breathe, you won't be able to fully enjoy your home, and it could bring down its value when it comes time to sell.