This is how much homeowners are spending to replace a roof or furnace and fix a toilet

Something you often hear about home ownership is that it’s a forced savings plan. What you never hear is that owning a home is a forced spending plan as well.

While you’re building equity by making regular mortgage payments, you’re also paying for repairs and maintenance. But how much, exactly? Home repair costs are the great unknown of home ownership.

To bring some clarity to the cost of home maintenance, I asked readers of the Carrick on Money e-mail newsletter to fill out a questionnaire about the cost of repairs they’ve done and additional details such as the size and

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APCHA opens up home repair grant program to Category 4 homeowners

Steven Miller, a homeowner at Burlingame Ranch Phase I with his wife and their two kids, took advantage of the APCHA Essential Repairs Pilot Grant Program to address plumbing issues in one of the bathrooms in their home.
Steven Miller/Courtesy photo

Affordable housing owners in a higher income bracket are eligible for reimbursement funds from APCHA to address unit-specific health and safety concerns.

Homeowners up to APCHA income Category 4 are eligible for reimbursement funds from the housing authority to address unit-specific health and safety concerns. The pilot program launched in October 2023 and expanded to Category 4 earners with

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Survey Says: Homeowners Embrace Smart Home Technology, Look To Tech For Home Repair

Consumer survey from Frontdoor, Inc. shows homeowners increasingly embrace home automation

The landscape of home ownership is constantly evolving, even more so as an increasing number home owners embrace smart home technology. A recent consumer survey from Frontdoor, Inc. reveals that smart home devices are becoming more ubiquitous with home ownership, with 94 percent of homeowners considering themselves early adopters of new technology.

The survey also shows that technology plays another important part to homeowners, by being an important factor in facilitating convenient access and communication with tradesmen and contractors. According to

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MOST INDIANA HOMEOWNERS DO NOT INVEST IN HOME MAINTENANCE AND ARE NOT PREPARED FOR EMERGENCY REPAIR COSTS IN 2023

INDIANAPOLIS, July 11, 2023 /PRNewswire/ — Williams Comfort Air, a leading Indianapolis heating and cooling company, and Mr. Plumber, a leading Indianapolis plumbing company, today released survey results which found most Hoosier homeowners are not properly maintaining their heating, cooling and plumbing equipment, nor do they have enough money set aside to cover emergency repairs to those systems should they break down.

The survey focused on understanding how proactive Hoosier homeowners are at keeping their HVAC and plumbing systems running properly, and whether they were prepared for the often unexpected and costly repairs needed if maintenance isn’t

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1 in 4 Homeowners Can’t Cover a $1,000 Home Repair. Do This if You’re One of Them

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