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Most Expensive Home Repairs

May 24, 2016 By Elizabeth Leave a Comment

Here are a few expensive home repairs that you should definitely watch out for if you don’t wanna break the bank. In addition to the expenses, there is also a little bit (or a lot) of inconvenience that it can bring to you and your family.  Here we tell you what exactly to avoid and what to watch out for

The Roof

The roof is one of the most important parts of the home that receives little attention from most home owners. Lost shingles and spot leaks are easy enough to fix for a few hundred dollars, but if the damage is too extensive you might have to replace the entire roof which can cost you between $3,000 and $12,000.

Siding

If your home is partially or fully covered in wood, aluminum or vinyl siding, water can sneak past damaged sections, leading to rot, pest and insect invasions, as well as interior damage. Repairs to individual panels of usually won’t cost more than a hundred dollars, but a full-on replacement of your entire square footage can run on average $10,000.

HVAC

If you don’t properly maintain your furnace and air conditioning units, they could require expensive repairs once broken. A gas furnace alone will usually cost between $1,000 and $2,000  but you will have to pay between $4,000 and $8,000 for a professional furnace installation.

The Deck

A wooden deck adds value to your home and provides the perfect setting for summer cookouts. But if you fall behind on routine maintenance, your deck could fall prey to rot or fall apart completely. The cost of maintaining a deck is less than $100 a year, but the average cost of replacing it from the ground up is $7,000 to $10,000

Driveways

Asphalt driveways are prone to cracking and crumbling if left unprotected. The average cost of installing a brand-new driveway is around $5,000, but don’t forget the added expense of digging up and hauling away the old one.

Repairs from Fires

A small percent of home fires in rural areas of the U.S. are sparked by faulty fireplaces, causing not just thousands of dollars worth of damage and sometimes, worse, even loss of life. The costs can actually reach millions, depending on how bad the damages were.

Preventive maintenance is always the key to keeping these structures in perfect shape so that damages will be prevented and costs will be cut. After all, a few hours cleaning out the gutters and a few minutes application of sealant on the driveway could buy a few more years before you have to replace both, right?

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