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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