Without a doubt, buying a home can be the largest investment you’ll ever make. With the average home costing approximately $190,000, many homeowners take great pains to ensure that all cosmetic and structural repairs are attended to. However, the truth is that many expensive repairs could be avoided by simply sticking to a routine maintenance schedule. Routinely checking your home for emerging problems will prevent larger, more expensive problems that leave homeowners scrambling for a quick repair–rather than a cost-effective one. Clearly, regular home maintenance is something you can’t afford to ignore.

When to Inspect

Spring is a good time to begin assessing your home for any damage or repairs that need attending to. A good rule of thumb is to check your home at the same time you change your fire alarm batteries–at the beginning (spring) and end (fall) of daylight saving’s time. Doing so will ensure that minor repairs don’t turn into major expenses. Some components of your home may require less-frequent monitoring (foundation), and some may require more (changing the furnace filter). However, taking a walkthrough of your home twice yearly is a good rule of thumb to begin with.

Who Should Inspect

If you feel unqualified to asses every crack and unidentified water leak in your home, feel free to hire a handy man. Not only will he be able to spot any problems, but he can also advise on repairs and costs right on the spot. Do you want a thorough evaluation? Hire a home inspector. Do keep in mind, however, that home inspectors cost much more (around $300) and may not necessarily find every problem. Read the rest of this entry »

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