Home ownership can cost you a lot of money in looking after and keeping up a home. However, there are plenty of things you can do to keep your home maintenance costs down, including the following:
1. Do it Yourself
One of the most obvious ways to keep your home maintenance cost down is to do it yourself. However, it is important to note that you should not take on dangerous jobs yourself. For example, you should always use a professional electrician for electrical jobs if you want to keep your home and yourself safe. However, if a job can be safely attempted at home and you feel confident doing it, there are YouTube tutorials for most DIY projects. I know YouTube videos have saved us so much money on our home (and cars).
2. Get multiple quotes
If you go with the first contractor you find, then there is a good chance you will be spending more money on your next home maintenance job than necessary. Ideally, you should obtain at least three separate quotes from qualified tradespeople before making a final decision. The more quotes you can get, the less likely it is you will end up spending too much money.
3. But hire a quality contractor
Of course, it can be tempting to save money by going with the cheapest quote. This may be fine to do if you are confident that the contractor you are hiring is a consummate professional with a lot of past experience and the references to match. But if not, you might end up needing more repairs in the near future, which costs you more in the long run.
So, try to get a good price, but don’t skimp on quality because, as they say: buy cheap, buy twice.
4. Prevention is better than cure
Of course, all that being said, one of the best ways to save money on home maintenance is to ensure that your home is in a good state of repair generally speaking. Take time to check and maintain every aspect of your home from the roofing to the guttering and you will be able to fix small issues before they turn into big repair jobs and cost you even more money. Yes, paying for someone to service the HVAC might seem like a waste of money, but if it prevents it from breaking down totally, it is absolutely worth it in the long run. Prevention is better than cure if you want to save money, it’s as simple as that.
As you can see, it is totally possible to save money on home maintenance, but you need to think carefully about your options before you act. It is also a good idea to set up your own emergency fund to cover the cost of any repairs you need to make. This will mean you can do jobs swiftly and without having to rely on credit to do so.