7 Ways Home Maintenance Saves Money
by Andrea Norris-McKnight
Many home maintenance tasks are tedious chores that some homeowners would rather postpone. However, a proactive approach to caring for your living space can do more than ensure aesthetic appeal. Home maintenance is an investment that can lead to substantial financial savings over time. In fact, regular home maintenance saves money in seven different ways.
The next time you find yourself procrastinating on a home maintenance task, think about how performing it can save you money in the following ways.
1. Prevents Bigger Issues
Regular maintenance can prevent potential issues from becoming problems or minor problems from escalating into bigger, more expensive ones.
For example, fixing a small leak found during an inspection of your roof can prevent major water damage and mold growth, which can be costly to repair.
2. Helps Avoid Emergency Repairs
Regular maintenance can help you avoid emergency repairs, which are often more expensive than scheduled repairs due to the urgency and potential for after-hours service fees.
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3. Extends the Lifespan of Appliances and Systems
Properly maintaining appliances and home systems, like your refrigerator or HVAC system, can extend their lifespans. You won’t have to repair or replace them as often, which can save you significantly in the long run.
4. Increases Energy Efficiency
Keeping your home and appliances well-maintained can increase energy efficiency, lowering utility bills.
For example, cleaning the filters in your HVAC system or the coils on your fridge allows these appliances to run more efficiently, using less energy.
5. Aids in Maintaining Your Home’s Value
Regular maintenance keeps your home in good condition, which can maintain its value over time. This is especially important if you plan to sell your home at some point and can mean fewer repairs before listing your house for sale.
6. Preserves Warranties
Some warranties require regular maintenance to remain valid. By keeping up with required maintenance tasks, you ensure that you’re still covered under the warranty if something goes wrong.
7. Ensures a Safe and Healthy Home Environment
Regular maintenance can also ensure the safety and health of your home environment, potentially saving on medical bills due to poor home conditions like mold or mildew.
Regular Home Maintenance Pays Off
Rather than thinking of home maintenance as a series of tedious chores, consider it a smart financial strategy for ensuring your home environment’s durability, safety, and efficiency. The old adage “a stitch in time saves nine” holds when it comes to home maintenance, where small efforts can prevent large-scale financial burdens down the line.
Here are some tips for performing DIY home maintenance tasks:
- Preventive Home Maintenance Tasks for the Frugal Homeowner
- Maintain Your Appliances and Save
- Perform Your Own Annual Air Conditioner Inspection
- Do-It-Yourself Summer Furnace Maintenance
- How To Prepare Your Furnace for Winter
- Maintenance Tasks To Prolong the Life of Your Roof
- Prolong the Life of Your Garbage Disposal: 10 Maintenance and Care Tips
- Affordable Gutter Cleaning Options
Reviewed February 2024
About the Author
Andrea Norris-McKnight took over as the editor of The Dollar Stretcher and After 50 Finances after working under the site founder and previous editor for almost 15 years. She has also written for Money.com, GOBankingRates.com, HavenLife.com and The Sacramento Bee.
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