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Keep your home maintenance on schedule, so that you can avoid many of these

9 Most Expensive Home Repairs

1. Foundation issues

Average cost to repair: $12,500

Foundation repairs can get really pricey. The Foundation Repair Network reports that to repair a crack in a concrete wall, you’re looking at a cost of between $800 and $1,500. But, if you need more extensive repairs, you could be looking at a cost in the $10,000 or $15,000 range (or higher).

2. Roofing problems

Average price of repairs: $12,000 for a new roof

Your home’s main structural components, like its foundation and roof, are among the most expensive things to fix if there is a problem. The average cost of a new roof is $5,000 for an asphalt shingle roof, $25,000 for more expensive, high-end roofs, and $12,000 for the mid-range, according to an Angie’s List publication.

3. Siding repairs

Average cost to repair: $10,000

If your home is partially or fully covered in wood, aluminum or vinyl siding, water can sneak past damaged sections, leading to rot, insect invasions and interior damage. Spot repairs to individual panels of siding usually won't cost more than a couple of hundred dollars, but a full-on replacement of your entire square footage can run on average $10,000 [source:HomeAdvisor ].

4. Replacing a deck

Average cost to repair: $8,500

A woodendeck adds value to your home and provides the perfect setting for summer cookouts. But if you fall behind on routine maintenance, your deck could fall prey to rot or fall apart completely. The cost of maintaining a deck is less than $100 a year, but the average cost of replacing it from the ground up is $7,000 to $10,000 [source:HomeAdvisor ].

 

5. HVAC issues

Average cost to repair: $6,500

HVAC stands for heating, ventilation and air conditioning. It's also shorthand for "Here's my Visa and cash." If you don't properly maintain your furnace and air conditioning units, they could require expensive repairs or die altogether. Broken air conditioner? In Texas, in the summer, you won’t want to live with that for too long. Most homeowners spend between $310 and $450 to have their air conditioning repaired; it can cost up to $800 depending on the labor and materials involved. A new AC system can run anywhere from $3,000 to $10,000. A gas furnace alone costs between $1,000 and $2,000 at Home Depot, but you'll pay between $4,000 and $8,000 for a professional furnace installation [source: HomeAdvisor].

 

 

6. Driveway problems

Average cost to repair: $5,000

Asphalt drivewaystake a beating. Not only must they withstand the weight of large vehicles, but they must suffer through the seasons: cold and ice in the winter and extreme heat and rain in the summer and spring. It's no surprise that asphalt driveways are prone to cracking and crumbling if left unprotected. The average cost of installing a brand-new drivewayis around $5,000, but don't forget the added expense of digging up and hauling away the old one [source: HomeAdvisor].

 

7. Termite infestations

Average cost to repair: $3,000

Termites are small insects that can nest and damage wood without you even knowing they’re present. They leave a path of destruction, damaging resources, like crops, and man-made structures, like buildings and homes. According to Termites.com, these pests damage around 600,000 homes every year, at an average cost of $3,000 per home impacted.  Termite damage is generally not something that homeowner’s insurance covers .

8. Water line breaks

Average cost to repair: $2,000

Your water and sewerlines connect your home to the public water and sewage systems (assuming you don't have your own septic tank). Your city or town's liability for the system ends at the street; homeowners are responsible for the length of pipe underneath their property. The cost of physically repairing or replacing a broken water or sewage line isn't going to break the bank — somewhere between $1,000 and $2,000. What's really going to cost you is cleaning up the mess [source:HomeAdvisor ].

When a mainwater line breaks, it creates an underground flood that seeps up to your lawn, creating huge marsh-like puddles. To get to the source of the leak, crews will have to excavate into your lawn and possibly under trees and driveways. After you pay for repairing the water line, you'll pay to replace the section of driveway and re-landscape the lawn, another several thousand dollars literally down the drain.

 

9. Leaks and water damage

Average cost to repair: about $12 per square foot

When places that are supposed to remain dry get wet for long periods of time, big problems result. Water is a killer. It seeps through concrete, sprouts mold and empties wallets. With a cost of nearly $12 per square foot in some areas (according toHomewyse), water damage in a large, 500-square-foot area can cost you $6,000, Not to mention any potential added costs for plumbing repairs and mold remediation services.

 

Quote to Note               

"It takes less time to do a thing right, than it does to explain why you did it wrong."

- Henry Wadsworth Longfellow

Tikkun olam - an aspiration to behave and act constructively and beneficially.

EOS