There are a number of reasons why one can end with unexpected expenditure, not forgetting how one’s home can throw up a few surprises.
In fact, there are a number of things that can go wrong leaving you to shell out more money than you anticipated from your annual budget.
That said, here are some of these home-related repairs that could throw you completely off-guard:
#1: Roof failure
This could happen due to leaks that take place, thanks to the presence of both frost and ice. The repair costs could be about $1000 in all.
#2: Window glass failure
This is also a serious possibility and for which, the replacement could cost you about $300 per window.
#3: Perimeter Drainage
This issue could arise due to it being plugged by debris and roots. The costs could range anywhere between $500 to $12000.
#4: Floor and Basement Sumps
When the catch basins get clogged, this can lead to flooding. These costs range anywhere between $500 to $1000.
#5: Chimney damage
Either chimney flue can be blocked because of birds or squirrels nesting there or there might be cracks in the chimney too. The costs could range anywhere between $1500 to $2500 including insurance deductible.
#6: Cracked concrete
This could happen due to frost heave and for which, one will need to repair hazardous walk areas amounting anywhere between $1000 to $3000.
#7: Fireplace damage
This could occur due to the damper not working properly or even blockage in the chimney. The costs could range anywhere between $1500 to $2500 including insurance deductible.