Congratulations, you are a homeowner | Houston Broker Team | Houston TX
Daniela Antelo’s weekly Danvice for new homeowners is a practical and much-needed reality check. Becoming a homeowner is a significant achievement, but it also comes with a set of responsibilities that are crucial to acknowledge.
As Daniela rightly points out, homeownership welcomes you with unexpected challenges. Your air conditioning system may fail during the scorching Houston summer, pipes could burst during a winter storm, or you might discover termites in your garage. These may all be part and parcel of homeownership experience.
While most new homeowners plan meticulously for down payments and closing costs, many overlook the additional expenses that come after moving in. According to a study by the National Association of Home Builders, new homeowners spend an average of $10,600 in the first year on furniture, appliances, and home repairs. For those purchasing older homes, this figure can be even higher.
Daniela’s advice is simple yet invaluable: plan and save at least one percent of your home’s purchase price annually for emergencies and repairs. This is your safety net when the unexpected happens, and it provides peace of mind in case you face a “rainy day.”
Moreover, Dani recommends proactive measures like annual window sealing, servicing your air conditioning, draining pipes to prevent clogs, and checking your roof for damage. Developing a relationship with a reliable contractor is a smart move as they can address these maintenance tasks and be a go-to resource for repairs.
In conclusion, Dani’s advice is a wake-up call for new homeowners. It highlights the importance of being prepared for the unexpected and taking proactive steps to maintain your home’s integrity. Budgeting for repairs and preventative maintenance will not only save you money in the long run but also ensure a smooth and stress-free homeownership experience. If you have questions about budgeting for repairs or any aspect of homeownership, Daniela is the expert to contact. Stay tuned for more of her weekly Danvices.
