There’s one thing that many homeowners dread and that’s unanticipated major home repair. You can put off some house repairs but others must be done without delay, such as roof repair. When repairs on your home have to be made, you will need to find out how much you will be spending for home repair costs. Make sure you have enough funds to finish the project before you even think about starting.
Major Home Repair Costs
Some home repairs are minor and do not cost much. Others, including the following, are major projects that may cost you thousands of dollars:
Roofing. Roof repairs may involve the installation of new shingles over existing ones. In some cases old shingles will have to be removed and replaced with new ones. The job will cost from $2 to $4 dollars per square foot. If you need new flashing expect to pay $300 to $500 more.
Electrical repairs. Major electrical repairs should be left to professionals. A do-it-yourselfer can put in new light bulbs, outlets and light sockets. But if you need an electrical upgrade or a new circuit you should call an electrician. Electrical home repair may cost up to $1,800.
Plumbing. For major plumbing repairs, you need a plumber or plumbing contractor. Repairs can involve replacing a sink, bathtub, toilet, tiles, etc. You may also want to install a submersible pump, jet pump, whirlpool bath or a new bathroom. Repair costs can range from a few hundred to a few thousand dollars.
Other major home repairs are HVAC repairs, foundation repairs, and driveway or walkway repaving.
Getting an Estimate
Repairing and remodeling homes is a big business. There are websites that can give you a rough estimate of how much a particular job would cost. It’s difficult to get an exact figure online because jobs can vary based on the size of the home, location, materials used, and other factors such as building codes and job practices.
To get an idea of how much a job will cost, visit your local home center. Find out how much the materials cost. Add an amount for labor and profit.
To know exactly how much a specific home repair job will cost, call one or more contractors and ask for an estimate. Get at least three estimates that you can compare. The contractors should bid on materials and workmanship of similar quality. Also ask for options using the next better or worse materials. Quotations should be made in writing.
You can always ask a contractor if they can lower their price. You can also save on home repair costs by doing part of the job. Homeowners can do some of the demolition or prep work to save money.
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