Print this page

6 Extremely Expensive Home Repairs, and How to Avoid Them!

Written by Posted On Tuesday, 27 November 2018 21:11

No matter what your price range is, there are going to be a ton of expenses you’ll have to consider when you’re buying a new home. There are countless obvious expenses like mortgages, down payments and home insurance, but there are also a lot of other expenses that a lot of people sometimes neglect until after closing.

Of course for the most part these types of extremely expensive home repairs that we are going to discuss are things that you’ll have a seller pay for post inspection at the latest, or they may give you a better deal on the home without covering the costs of repairs. There are a lot of different scenarios that can play out with extreme home repairs, but for all homeowners it’s important to know what the worst case scenarios are, and how you can avoid them.

So the following are 6 of the most expensive home repairs, and how you can do your due diligence in terms of avoiding these costly maintenance and renovation costs!

Foundation Repair

A lot of homes are built in certain areas in which rain will build up around the foundation, and any kind of foundation complication is going to be rather expensive. These costs can range from around $500 all the way up to $12,000+, so it’s important to know some of the warning signs of foundation problems including:

  • Windows and doors not shutting properly
  • Cracks around the outside of a home
  • Floors that tend to slope
  • Water pools in a basement

In terms of prevention, you’re going to want to make sure the soil around your home isn’t getting too dry when there is a drought or a period of little rain. You’re also going to want to check to make sure your home is draining properly during rain storms, and if you keep your home’s soil at a slope around the foundation you can help with natural drainage and avoid buildups.

Roof Repair

Roofs obviously are an essential part of any home that is always susceptible to being damaged from outside elements, and of course if there is some kind of roofing problem at your home you’ll have to handle it as soon as possible. The estimated costs of roof repairs tend to go from around $700 all the way up to around $7,000, so of course it’s always a pretty serious expense. Some of the main signs of roofing problems are missing shingles and leaks.

The best things you can do as a homeowner in terms of preventing roof problems is to make sure you are hiring professional to do periodic inspections, and you should also look over your roof on your own and make sure you are identifying any kind of weak spots or doing any minor repairs you deem necessary.

Replacing or Repairing a Water Heater

Water heaters are such a vital appliance in every home that is definitely behind the scenes so to speak, but nevertheless it’s crucial for every homeowner to understand the value of their water heater. We’re very lucky to have teamed up with a Water Heater Repair salt lake city ut to help us with this section, and their estimates for these types of repairs range from $600 to $1,200. Some typical signs that your water heater needs to be checked out can include leaks and unusual noises.

In terms of prevention what you’re going to want to do is flush out your water tank at least once a year, and you’ll also want to check the tank’s pressure valve every now and again.

Termite Damage

Termites can be one of the worst things to happen to a home, and no matter what if you’re dealing with termites you’re going to have to deal with them as quickly as possible. Typically termite damage can be relatively inexpensive if treated quickly, but if it gets out of control it can become an astronomical expense. The estimated range for these repairs goes from $500 to over $7,000+.

Some signs of termites include hollowed wood, bugs flying around in your basement, and any kind of mud tunnels that are adjacent to your exterior walls. When it comes to preventing termites you’ll be best off with installing termite monitors, having your home termite inspected every year and keeping wood and any kind of mulch away from your home’s exterior.

Water Damage

Water can be the absolute worst for a home, from flooding to simple leaks it really is one of the worst types of home repairs. The overall average cost of repairs for water damage is $2,500+ so you can imagine that it’s one of the main dangers every homeowner must be aware of.

Some signs of water damage include any kind of musty smell throughout a home, peeling paint, leaks and discolorations in ceilings and walls. When it comes to preventing this type of damage you’ll need to make sure you are cleaning out your gutters properly and fixing any kind of roof or pipe leaks as soon as possible. Also if you have a sump pump you’re going to have to test it every year.

Installing/Repairing New Pipes

A lot of older homes will undergo some kind of plumbing problem every once and awhile, so it’s important to get all the details about a listing’s plumbing and pipes prior to inspection, as well as post inspection by a professional plumbing inspector. The average costs of these kinds of repairs can vary tremendously, but for the most part you’re going to be looking at $2,000+ for sewer line repairs and about $1,000+ for any kind of pipe installation.

Some warning signs of pipe problems include rusty looking water, any type of leaks throughout the home and discoloration or flakiness on the pipes themselves. In terms of prevention, you’ll want to make sure you’re properly insulating during the winter, avoiding any type of bad chemical products that aren’t good for your drains and hiring a plumber to come clean out your drains and pipes every few years just to make sure it’s all good.

Rate this item
(0 votes)
Joseph Wirth

Latest from Joseph Wirth

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries