One of the best things of renting rather than diving into home ownership is that you don't have to do home improvement Even if it's a main water line spraying in your face, it's not your financial concern. But you miss out too, with no opportunities for home improvement. It really is just about the kind of life you dream of and what funding and effort you're willing to put into your pad.
If you have been leasing a place but you are considering a real estate purchase, take into account some of the following maintenance tasks that you'll be required to take care of by yourself, especially if your purchase includes land:
Keeping a roof in good condition is vital to good home maintenance, and repairingtiles can be a very good idea home improvement chore. Otherwise, expect rain cascading through the ceiling and ruining your possessions. But the issues could already be major.heated or cooled air might be escaping into the air if that roof isn't maintained properly. To make a bad pun, roofing is definitely something to stay up on.
Not Too Cold, Not Too Hot
If your washer gives out in your apartment, the solution is probably pretty stress-free: call the property manager. It's the same situation if the furnace doesn't work wellenergy bills in winter and summer. If you're the property owner, you could be facing big trouble. Fixing the problem might be as simple as replacing the thermostat or air filter, but it could be major, like a pilot light system that has broken, or the gas burner could have broken and you find insufficient cold air intake that will require ductwork.
Homeowners Can't Avoid Plumbing
Clogged toilets and leaky faucets are no good enough if you're just paying rent - you're at least bothered, and maybe completely prevented from life as usual until it's fixed. Broken or poorly working plumbing are both inescapable and horrible. If you own, it's even more time and energy consuming. Sinks and faucets wear out eventually, so they could need replacing. Then, original plumbing might need to be replaced with PVC or other composites, and plumbing will need changing to make sure there's water pressure. Worst of all, ignoring any of these plumbing problems can lead to serious trouble the foundation and even your flooring.
You Can't Forget Landscaping
You can pay for landscapers, fix your sprinkling system every year and make sure cracks outdoors don't get out of hand, or you have to do it yourself. It's too bad that these things require not only time but also a money investment. If you rent, no such trouble exists. There are perks to home improvement and landscaping, but realize that one of the expenses is spending hours inthe aisles of the hardware store rather than going out for fun or even hosting parties. It's your decision - you get either friendly and slightly awkward conversations with your overly eager neighbors at the hardware store or amazing live music and the chance to get your boogie on.
There's Indoor Home Improvement to Do
In the situation of renting, it can feel like a luxury to paint the walls because it makes the place homey. When you own though, the home improvement requirements to do paint and flooring can quickly feel like arduous gruntwork. Just clean often and stay on top of maintenance and you won't have to do it over again for a decade or so.
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