Home maintenance budget calculator
Recommended annual reserve for ongoing maintenance, allocated across systems, roof, plumbing, and appliances.
Inputs
/ year
Allocation
The 1 percent rule is a starting point. Older homes typically trend toward 1.25 to 1.75 percent as major systems approach end of life. Condos carry lower direct budgets because HOA fees cover building envelope and exterior.
Frequently asked questions
Why is my budget not exactly 1% of home value?
One percent is a reasonable starting point for a typical single-family home. Homes older than 20 years typically need more; condos need less because HOA fees cover the exterior envelope.
Should this budget include big projects like a roof?
Yes. Replacement-level projects (roof, HVAC, water heater) are smoothed into the annual budget by this estimator. If you set aside less year to year, plan for dedicated savings toward those events.
What does this budget exclude?
Utilities, insurance, property tax, mortgage payment, and discretionary remodeling are outside this number. Use the total cost of ownership calculator for the full picture.