What should you estimate for annual maintenance? That depends on a few things.
First, make sure you have a good emergency fund set aside just in case something goes horribly wrong!
Then, budget between 1% adn 4% of your home’s value annually. Those with new homes can budget less while those with older homes should budget more.
Realtor said, “If you haven’t lived in your house for long or if you don’t have records of how much you spent last year, consider tracking your home maintenance and repair costs.”