Five Expensive Home Repairs You Should Save Up For

| December 18, 2013
Modern kitchen

Modern kitchen (Photo credit: Wikipedia)

The home you live in is nice but could be even better with a few repairs and improvements. Each year, millions of homeowners are either planning or engaged in some form of home repair. Some home repairs are absolutely necessary, while others are done to improve the quality of home life. The most popular home repair projects are also the most expensive. These are not projects that can be done simply or cheaply. Therefore, you need to plan ahead and save up significant funds in order to cover all the costs. Here are 5 Expensive Repairs that require a big budget:

Roofing Repair and Replacement

Homeowners that live in places such as Kalamazoo, MI know that harsh weather can cause them to seek help from a Kalamazoo roofing contractor. Roof repairs are extremely common due to rain, wind, snow and heat damage. When a portion of a roof gives way the damage can be extensive. Companies such as Advantage Roofing Contractors are able to help you with emergency repairs to stop leaks after major storms. If your home is more than 20 years old, the entire roof may need replacing. Unless you have experience repairing roofs, you should likely seek professional help or assistance.

Kitchen Remodel

Having a brand new kitchen is the dream of many homeowners. Old kitchens have drab walls, old appliances and outdated counters and flooring. Upgrading kitchens easily runs into the thousands. Doing things like revamping cabinets can shave off some costs. The amount you spend depends on which materials and appliances you choose. Be careful to start your kitchen with a good budget, and competitive quotes from multiple contractors. A conservative budget will give you extra room if the project does cost more than you initially expect.

Bathroom Remodel

Over time, a bathroom can become unappealing and require a redo in order to make it comfortably modern. Most common upgrades are bathroom walls, floors and fixtures. A new tub or shower is sometimes installed. Spa showers are very trendy. Look to upgrade your bathroom with good durable materials, and styles which won’t quickly go out of fashion. If you ever plan on selling or renting your home, you won’t want to try out trendy styles that could seem ugly 5 or ten years down the road.

Garage Upgrade

Many homeowners choose to replace an older garage door with a new model that includes an automatic garage door opening system. This makes it easy to enter and leave without having to get out of the car. Some garages are turned into a practical space for hobby enthusiasts. A good garage remodel could add a lot of value to a home, but it will likely be expensive. In addition to the garage door, look to install cabinets, and built in storage spaces for all of your tools and equipment.

New Deck/Patio/Porch

If your home has a deck, patio or porch, there is a strong chance that it will need repairs at some point. Deteriorating wood should be replaced for safety reasons. Many homeowners prefer to upgrade the entire space to make it cozier for relaxing and entertaining. Obtaining quality materials and labor can be expensive, but having a durable, fashionable deck or patio can make your home more enjoyable and valuable. Be sure to research materials that will last well in your climate.

Even the most common home repairs require homeowners to plan and save to cover any desired upgrades. Be sure to start saving now for future repairs so they don’t catch you off guard financially when they become necessary. If you are prepared and saving up, you will enjoy your remodels much more than if you had to take out debt to pay for them.

 

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Category: Home Improvements, Housing

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