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New homeowner, how much to stash for maintenance etc
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ThePants999 wrote: »Right - that's different then. The OP asked about "general upkeep, repair work, maintenance" - I consider upgrading to be separate, and it looks like the OP does too. And yes, I agree, my spend on upgrading has dwarfed my spend on maintenance.
Absolutely:T
I bought my 1970s house a few years back here and the vast majority of my (large:eek::eek::eek:) expenditure was "upgrading" to get it to normal standards. Though I have spent a LOT of money on this house - not much of it was "normal maintenance". Vast majority was "getting it upgraded to normal standards in the first place" or re-doing a job because of a workman being duff standard (rather than normal standard).
Actually - for being a cheaply done 1970s house - and spent several years in it now - I am trying to think whether any of the money at all I have spent on the house was maintenance. I don't think it was. I think, in all honesty, that the only money I've spent on "maintenance" in the approx 5 years I've had the house was the cost of the yearly boiler maintenance (c. £100 pa). The rest was "getting it to normal standard" or "re-doing bodger workman work".0
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