How much would you say the yearly spend on maintenance and repairs for a house around £200,000 would be?

[Fightingback16]

What I said in the subject really.

How much would you say the cost of maintenance and repair for a 3 bed house worth £200,000 yearly would be? I just want to work our what to budget for!

Depends what needs doing surely? Condition?

Plus if you're counting decoration, what sort of things/shops etc you like supermarkets, Ikea and own brand paint, or John Lewis, artisan designer stuff and F&B paint?

A 3 bed house worth £200k could be anything from a large detached down to 'laughs at the idea of a house worth £200k, you couldn't buy a parking space for that round here' depending on where it is.

You can't answer that sort of question. The only thing you can do is see how much money you have available and prioritise based on what you can afford, what needs doing most, what needs to be done in what order and your appetite for doing the work/other priorities in life.

200k could be any type of house though.
A nice one in Scotland or a small grotty ex council in the south east.

How long is a piece of string I'm afraid. Age and condition will massively change the budget. I bought a house 8ish years ago and had nothing for a few years so bought new windows. This year the boiler died, tiles came off the roof and our oil tank split so my bills this year are around 10k so far.

My house is a 1991 small three bed detached worth approx 220,000. I'd say I spend £200 on maintenance yearly perhaps.

Depends on where it is (as that affects its value), its age, current condition, what type of roof it has, whether the window frames are wood or pvc/new or old..... So many variables.

The cost of the house is way down the list of things to think about when trying to work out matenence costs

The age of the house and whereabouts in the country has more baring

A brand new three bed house....very little maitenence apart from decoration

Hundred year old house recently renovated p[robably very little

As an example my house is now 22 years old. If you were to buy it you would probably wnat to overhaul it.

Next doors has just been sold, new neighbours got the key yesterday and they will not have to spend a penny as it's immaculate...well apart from the soakway which floods which I doubt thye know about ...yet

It’s an estimate for my Form E monthly outgoings. I am estimating the cost of a 3 bed.

In the south west. Quite nice area.

There’s a ‘rule of thumb’ cost which says 1% of the value of your house per year so fir a £200K house you should budget £2,000 per year or £167 pcm. Like everyone says, you can get away with spending very little for ages, then costs come all at once. So most months of course you wouldn’t be spending that, but over the lifetime of a house you might need to in fair chunks - booker, so dues, external repairs, roof etc. - to keep it in good nick. Depends a lot on the type of house.

There are always things that need doing, so unless you have an endless budget, you just prioritise they most urgent ones.

The 'big' things include damp work, windows, roofs, boilers, which can cost a couple of thousand pound each, but you wouldn't do these things every year.

Quite often, it's a case of ' if it ain't broken, don't try to fix it'. For example, We have old windows, which could do with upgrading. For now, they do what we need them to, and we have curtains to help with the drafts. Roofs can often be patched up, while you save. Boilers would need to be replaced, unless you can live without hot water.

Then there is the decorative and furnishing, which you have more control over, particularly if you can do some of the work yourself.

As there's no way to answer that cannot pit a figure that benefits you the most.

Whether your boiler breaks, window smashes or roof leaks have obviously nothing to do with the value your house.

Perhaps consider the cost of the redecoration of a room every year. Have you had maintenance work done whilst you’ve been there and have bills for it? Factor in the cost of large items like the boiler. Divide by the number of years you’ve been there.

A boiler might last ten years or twenty though. There might be things you have to do and things you want to do. It’s only ever going to be a ball park figure.

How can you expect anyone to be able to answer that question?

Is it a new build or a period property?
What's the current condition?
What sort of heating system does it have?
Is it detached or terraced?
Is it in the country, a village, a town or a city?
How big is the garden?
What type of windows does it have?

etc, etc, etc.

We have a 2 bed terrace which cost £250k ish 3 years ago. Only major expense we’ve had is a new boiler. We do need to redecorate and fix a couple of floorboards in the lounge, and we need new fascias and soffits (but we knew that when we moved in). Our house is 110 years old though.

We did a renovation so the costs were very high. They won’t be that going forward. I will be on my own with daughter who is 4. I don’t really know what to put down, like you say anything can happen.

it depends on what needs doing and how old the house is.
I think it's better to add up all the things you could need for a particular house and then divide by 12 for how much you need to save for maintenance.
Our house is a 4 bed Edwardian semi and it's a money pit.
We save about £500pm and usually use it all within the year.

Is the house painted on the outside? If yes, factor that cost in too (every 8 years or so).
Cleaning the gutters out annually.
Chimney sweep?
Driveway clean or resurface?
Are there trees - or shrubs that could grow into trees- that need maintenance every year or two?
Fences? If wooden then you might get 10 years out of it, but it can easily be less, especially if it's windy! Regular painting will prolong its life - same for a shed - roof may need refelting occasionally.

Windows - double glazed windows can blow after a while, just the glazing unit can be replaced if you don't want to do the whole thing.
Boiler - annual service plus replacement parts sometimes. And maybe save something towards when you need a new one.

Tbh decoration doesn't need to be done very frequently, but you'd probably need to between 5-10 years depending on the room (bathrooms and kitchens tend to last well unless there's a leak).

I'd probably try to budget £1000-1500 for costs, if it didn't get spent I'd save it for new boiler money.

That's kind of based on my 1970s house. I tend to focus on outside jobs, so long as its water tight, it's liveable!

I would say it wildly varies even in the same house.

Last year (4 bed detached) we didn't do much in the way of standard maintenance.
£70 gas boiler service, £15 to have brambles removed from the back garden I think.

This year we've replaced the back windows due to leakages (front done a few years back) at £2k, the fences came down in March just before lockdown and they're about to be replaced at around £1.5k, and when we have the boiler serviced there's also the overflow to sort out, so will cost more, plus there's a few other little bits that need doing, all of which will cost little bits.

So last year around £100, this year closer to £4k.

It's also on how much you replace things. My sil would die of embarrassment if you came round to discover her carpet is 2 years out of fashion. We'll be replacing the hall carpet in the next couple of years because it's wearing thin in places.

And also how much you can do yourself. My df would do almost everything barring big electrics and gas himself. My fil's book of DIY is otherwise known as the telephone directory as his DIY is best known for collapsing within a few hours. If you pay someone to come and change a door lock it can be in the region of £200. Df would do it for the cost of a lock (around £20)

It’s a 3 bed converted bungalow. Not painted. We didn’t finish the conversation, the bathroom downstairs needs re-doing and the hall, porch and dining room is bare plaster. I think some of the downstairs windows will need doing. The garage is falling down and there is some tiles slipping on the back roof. It does really need some work.

5 years ago it had all new electrics, boiler and radiators. New kitchen a few years ago. All the upstairs, stairs, living room and kitchen has been down. I think the driveway will need re-surfacing.

You probably need to recarpetonce a decade so say £2500-£3000 for that? My little 2 bed house would be £2000. So that's then £250-300 a year.

Outside needs repainting say every 5-7 years? So say £700 so £100-£125 a year?

Redecorate maybe one room a year, assuming you can do that yourself that's say £50 a year?

New boiler every 10 years say, so £300 a year? Possibly pessimistic there, never had to replace mine.

So that's £750 a year.

Then there's stuff like kitchens and bathrooms which don't need doing for say 20 years, but cost a fortune when they do. That will depend massively on your tastes for those.

And then there's all the other random things like fences, and gravel for drive ways and drain pipes and the such. My letterbox broke this year. I have no idea how often stuff like that happens. I need to repaint my gate which needs a tin of hammerite (£15 ish?). How often do dishwashers, washing machines, tumble driers and fridges need replacing? Maybe only once a decade but say £300-500 a piece, that's maybe £2k in appliance costs, so £200 a year.

Is it just me or am I odd for doing barely any maintenance?

Our house needs nothing going to it and never has! We did an extension and recarpeted and replaced windows. Those are huge expenses that we saved for.

But monthly or yearly maintenance. Barely any!

"redecoration of a room every year"?

People redecorate every year?

We give our painted walls a refresh every few years!

Oblomov - but if you have a house with 7 rooms (3 beds, kitchen, dining room, sitting room and bathroom, or hall instead of a dining room) then redecorating one room a year is the same as repainting them all every 7 years. So you need to save up over the seven years to have the money to do it all one year. Same for windows, or carpets you imagine the expenditure annually so you can account for it and save for it, but the cash goes out in one chunk every X years.

I bought a house that had been “fully refurbished.“ Looked lovely.

They’d bodged every job. I am doing a lot of the work myself but somethings like gas and electric you legally can’t do. I’ve plastered walls and replaced plumbing myself. Spent £10k on top of that and it’s a small house in the Midlands.

You never know what’s going to need repairing or replacing until you scratch the surface.