Repair or replace a water heater. Unfortunately, water damage is a common occurrence at home. Every day, 14,000 Americans face a water damage emergency, while 98% of cellars will suffer water damage at some point in their lives. But there are steps you can take to protect your home from water getting in.
Major repairs and replacements are essential for the integrity of your home. Although you may need to do these once or twice at most, here are 10 expensive home repairs that you can expect to become part of your home repair budget. Just like your central air conditioning system, your heating system must be preventively maintained annually so that it works properly. A well-maintained gas oven has an average lifespan of 13 to 20 years before parts crack, corrode and become dangerous.
How often you need to paint the exterior of your home depends on variables such as where you live, the painting surface and the quality of the paint used. Applying high-quality paints, for example, can extend the life of your paint to 15 years or more. The climate in your area, the direction of your house when it faces the sun, and many other factors determine how long the exterior paint will last in your home. Driveway repairs can be complicated, depending on the type of surface you have and what’s wrong with it.
Asphalt driveways should be sealed every 2-4 years to prevent cracks that allow water to get underneath and to cause damage that could lead to further damage. Concrete driveways require just as much care, but tend to last a bit longer due to the nature of the material. So you can see that some of the biggest expenses for homeowners come from having to make major repairs to the house, and when they occur, homeowners often don’t have a budget set aside for them. Fortunately, there are ways to avoid the most expensive home repairs and pick up the signs before they become big problems that need to be addressed immediately.
We take a look at 7 of the most expensive home repairs and how you can prevent them as much as possible. A roof replacement is something that you simply cannot avoid, as your roof is one of the most important features of the house to protect the entire house contents from the elements. As a rule, a root replacement must be carried out immediately, so it is important to allocate funds for such an event. Homes in areas with specific weather conditions may need roof replacements more often, such as Florida.
The good news, however, is that roof replacement is one of the renovations that increases home value the most. You can get an average ROI of 68.2% on asphalt shingles and 60.9% on metal roofs. This is an excellent return on your investment and makes this substitute tastier. Water damage is one of the biggest issues for homeowners as it can be so extensive. Anything from ceilings to walls to floors can be damaged by water, and even moisture can cause problems in a home.
It is imperative to find and seal water leaks as quickly as possible to avoid having to repair broken pipes, roof leaks, clogged gutters, and more. The ideal time period to start recovering from water damage is 24-48 hours. Another issue with water damage is that it can cause mold, which we’ll mention later. Removing mold is also costly and can lead to health problems.
Both your heating and air conditioning are important features of your home. If they failed, the repair would be expensive and would probably need to be repaired very quickly. HVAC systems can last up to 15 years. However, if they are not properly maintained, they can fail much faster. Because of the complexity of the HVAC system, any repairs required are likely to be expensive.
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