Give your home a repair budget.
Estimate a yearly and monthly maintenance reserve using the 1% rule, with a practical adjustment for the home’s age.
Plan for the repair before it arrives.
Enter your home’s value and age. You’ll get a planning reserve—not a prediction of what will break.
SUGGESTED ANNUAL RESERVE
—
A planning target for routine maintenance, repairs, and future wear—not a bill you should expect every year.
—
—
PLANNING RATE USED—of current home value per year
What this reserve is meant to cover
Roof and exteriorRoofing, siding, paint, gutters, windows, and weather-related wear.
Heating and coolingService, repairs, and eventual replacement of major HVAC equipment.
Plumbing and electricalLeaks, fixtures, outlets, panels, wiring, and other working systems.
Routine upkeepSmall repairs, preventive service, and replacement of worn home components.