If you own your own home then you will be responsible for maintaining it. This means that you will need to not only pay for it to be decorated and renovated but if there are ant repairs that need doing, you will need to sort those out as well. These costs can really add up, but there are things that you can do to keep them lower.
Get a good insurance
If something happens where your house needs repairing after it was damage in a storm, flood or fire then the cost of repairing can be very high. If you make sure you have insurance that will cover for this sort of thing that that will really help in this situation. It is important to make sure that the insurance covers for everything you need though. You may want it to cover for accidental damage to the property as well, which will enable you to be able to claim for more events. It is worth checking the policy and being clear with what it does and does not cover so that you can make sure that you are happy with it. There are lots of insurance companies so compare them and choose the one that will give you the best value for money.
Decorate in classic colours and styles
When you decorate your property use classic styles and colours rather than ones that are on-trend. This means that they will not go out of date so quickly and so you will not need to redo it do soon. Try to use paint and other items that are good quality and can be easily cleaned and do not chip. These will be more expensive but will mean that you will not have to redo the work so often. So, try to go for quality and hope that it will last you a nice long time. However, if you are the type of person that will quickly get bored and want to change colours, then perhaps do a features wall that you can change the colour of and keep the rest the same or change a few accessories to blend in. That will be cheaper than changing everything.
Keep up basic maintenance so it doesn’t get worse
If you have small areas that need repairing then try to get that done rather than leaving it. Although it will cost money, it will not cost as much as if you leave it and it gets much worse. If you repair a small crack in the plaster it will not cost as much as leaving it and waiting a few years until a huge amount of plaster falls off and you have to replace lots more. It can be easy to try to ignore problems if you do not have much money to do anything about it, but a small amount of damage can be fixed but if it gets really bad then you might need a major repair which will cause a lot more disruption and cost a significantly larger amount of money.
Use quality tradesmen
When you get people in to do work for you, make sure that they can do good quality work. If you get someone that does not do a good job you may need to get it done again quickly. This will not be easy as it is not always that simple to know what a tradesman is like until you have tried them out. Do ask people who live near you though and they will be able to let you know whether they have tried anyone out and if they can recommend them. You could also look at websites that provide reviews of traders and see if you can find any local ones that way.
Buy a house that will not need work
You may find that some houses will need a lot more work than others. This could be to do with the age of the house, with older ones needing more work. You will also find that a larger house will need more doing with it just because it is bigger and there is therefore more chance of something needing doing. Therefore, if your repairs are costing you loads, rather than having to keep getting loans to pay for the work, consider moving to a house that will not cost you so much. Get a good survey before you move in as this will identify any major problems that could mean that the house will need a lot of money spending on it.
The other way to save money on this is to not own a house but to rent one. This will mean that any repairs and redecoration will be the responsibility of your landlord rather than yourself. This will save you money on repairs but you might feel that the advantages of owning a house are worth it and so you are prepared to compromise on this.