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How much should I budget for home maintenance?
So, you're wondering how much dough you should stash for home maintenance, huh? Well, buckle up my friend, because the ride of home ownership is as thrilling as a roller coaster! Financial experts typically advise setting aside 1% to 3% of your home's initial price annually for upkeep. So, for a house that cost you $300,000, you're looking at a healthy $3,000 to $9,000 a year - yes, that’s a lot of zeros! But remember, a well-maintained home is a happy home, and happy homes make for even happier homeowners!