Most Expensive Home Repairs-Top 10!

Most Expensive Home Repairs-Top 10!

As a follow up to our new home buyer Top 10 (if you missed it, check it out here) we are doing a top 10 of the most expensive home repairs.

1. Damaged Foundation- Avg. repair cost is $10,000
2. Rotting or leaking roof- Avg. repair cost is $3000-$15000
3. Siding repairs or replacement- Avg. repair cost ranges from a few hundred dollers per panel to $10,000 (entire home)
4. HVAC/Furnace issues- Avg. repair cost is $1000+ (complete repacement can cost as much $8000)
5. Water/Sewer lines- Avg. repair cost is from the $500 price range upwards of $20,000
6. Septic System- Avg. repair cost is $2000 to $15000+
7. Driveway Replacement- Avg. repair cost is $5000
8. Deck Replacement- Avg. repair cost is $7000
9. Fire/Smoke Damage- Avg. repair cost is $4000USD
10. Fallen Tree limbs- Avg. repair cost is dependant on damage to home/property

Make sure to take all of these fees into consideration when considering purchasing a home, weather for the first time, for a change of life or even as a rental/income property.


Disclaimer: This article provides information only and is not intended to confer legal or financial advice or opinion. If you have any further questions please consult a lawyer or accountant. Please note as well that many of the statements herein are general principles which may vary on a case by case basis.