It’s no secret that owning your own home is expensive. But there are some repair jobs that come with a devastating price tag. As a homeowner, you greatest fears are things like cracked foundations, leaky roofs, and mold that has worked its way deep into your brickwork.
Here are some of the costliest home repairs that can break the bank.
If you want to know because of high repair bills, the best way is to make sure that your foundation is in good condition. According to , the internet site dedicated to helping people understand the inner workings of everyday objects, water is the foundation’s worst enemy. They say that water can result in foundations cracking, causing the entire building to move and generating additional damage. What’s worse, the costs of repairing a foundation are enormous, running as high as $40,000 for cases of serious damage.
The best way to keep the costs of repair down is to keep water away from the foundations. That means constructing homes on ground that subtly slopes away from the house and making sure that the guttering is working properly, so that water doesn’t flow directly down the walls and into the foundations.
The most expensive thing that can go wrong in a house in the foundations, but that doesn’t mean that you don’t face risks from the roof too. Roofs are highly susceptible to leaks, missing tiles, rotting wooden beams and even worse. A few lost tiles are easy to replace and should only cost a few hundred dollars to sort out. But if the entire roof is compromised, which it can be if it is old or infested with woodworm, then you could be looking at a bill of anywhere between $3,000 and $12,000, not including any additional repairs that need to be carried out to the interior.
The advice from experts is to do regular maintenance on the roof, at least twice a year. Look for damage and keep an eye on the , as this is especially prone to collapse.
Replacing The Siding
If your home is covered in wood, you’re actually at a much bigger risk of facing an unexpected bill compared to if your home is constructed of brick, mortar, and plastic.
Water can often sneak through damaged sections of siding and make its way into the interior of your , leading to rot and insect infestation.
Repairing individual sections, according to How Stuff Works, shouldn’t cost any more than a couple of hundred dollars. But shelling out for an entirely new facade could cost more than $10,000, according to Home Advisor.
The advice, therefore, is to do a bi-annual walk around of your house, checking to see if there is any damage to any of your siding.
Also keep an eye out for things like and windows, as this can also lead to rot and decay. Wood siding is a lot more susceptible to damage than vinyl or aluminum.