Home ownership can be an excellent investment. It can also be a financial drain if you don’t regularly maintain your home. Stay on top of things, save on unexpected repair costs, and retain your home’s value. But unlike your car, most homes don't come with maintenance reminder lights. So a little planning and organization can go a long way to help keep your new home feeling new.
Monthly
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Clean or replace all HVAC filters.
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Inspect water softener unit and replenish salt as needed.
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Clean faucet aerators and showerheads to remove mineral deposits.
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Clean and unclog basin and shower drains.
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Test smoke alarms, carbon monoxide detectors, and fire extinguishers.
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Inspect all electrical cords for wear.
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Flush water heater to remove accumulated sediment.
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Clean garbage disposal by grinding ice cubes, then flushing with hot water and baking soda.
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Dust HVAC vents and returns.
Fall
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Hire a professional to inspect, tune, and/or repair furnace.
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Clean fireplace flue, check for damage or hazards; or hire professional inspector.
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Seal cracks and gaps in caulking and weather stripping on all windows and doors.
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Inspect roof for leaks and loose, damaged, or missing shingles.
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Remove leaves and debris from gutters and downspouts.
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Drain and winterize exterior plumbing.
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Inspect water heater for leaks.
Spring
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Inspect roof for loose, damaged, or missing, especially after winter storms.
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Clean window and door screens.
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Pressure-wash windows and siding.
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Remove leaves and debris from gutters and downspouts.
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Replace batteries in smoke and carbon monoxide detectors.
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Hire a professional to inspect and pump septic tank.
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Remove insulation from outdoor faucets, check sprinkler heads, or other outdoor plumbing.
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Have air conditioning system professionally inspected.
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Fertilize your lawn.
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Schedule pruning and trimming for larger trees and shrubs.
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Inspect and lubricate automatic garage doors, or have professionally serviced.
Yearly
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Analyze annual energy costs.
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Replace old windows and appliances with energy-efficient options; check local energy providers for rebates and specials.
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Compare property values in your area with estimated value of your home.
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Inspect all outdoor vents, walls, and foundations for holes that rodents could enter.
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Hire professional pest inspector and schedule regular visits as needed.
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Inspect for leaks and standing water around property; address and repair as needed.
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Inspect sprinklers and irrigation systems.
Home Warranty Policies
Your home purchase may have included a home warranty. As with any warranty or insurance, always compare costs and find the best coverage for your needs. When looking at home warranty coverage, consider:
Age of Your Home
If your home is relatively new, repair and maintenance costs will be few and far between, at least for a few years. Older homes may require more repairs and upkeep.
Annual Premium vs. Anticipated Repair Costs
Analyze the full yearly cost of your home warranty policy. Do you reasonably expect any repair costs to exceed that amount? If so, a home warranty will likely pencil out. If not, consider setting aside that amount in a savings account that can also be used for other purposes.
Cost of Individual Visits
Even if you have a home warranty, most professionals will charge a flat fee (anywhere from $50 to $150 per visit) to assess your issue and decide on a repair or replacement plan.
Can You DIY?
Many home repairs can be learned through online tutorials or by getting help from experienced family, neighbors, or friends.
Consistency Is Key
Choose the maintenance schedule that works for your household. Just remember that you’ll enjoy the greatest benefits by staying consistent. Regular maintenance is fundamental to ensuring your home becomes a financial gain, not a drain.
