Home Maintenance Budget Calculator
Find out how much you should set aside each year based on your home's value and age — so surprises don't become emergencies.
Calculate Your Budget
Based on the 1% rule, adjusted for home age. Actual costs vary by region and condition.
Enter your estimated current market value
Older homes need a larger maintenance budget
The Budgeting Rules Explained
1% Rule
1% of home value / year$350,000 home → $3,500/yr
The most widely used baseline. Adjust up for older homes.
Square Footage Rule
$1–$2 per sq ft / year2,000 sq ft → $2,000–$4,000/yr
Better for larger homes where the 1% rule may overestimate.
Age-Adjusted Rule
1% × age multiplier30-yr-old home → 1.6% of value
Our calculator uses this — older homes need more maintenance.
What Drives Maintenance Costs
Home age
Systems and materials degrade over time. A 30-year-old home needs 60% more budget than a 10-year-old home.
Climate and region
Harsh winters, humid summers, and coastal salt air accelerate wear on roofing, siding, and HVAC systems.
Home size
More square footage means more roof, more siding, more flooring — all of which need periodic maintenance.
Material quality
Premium materials (slate roof, hardwood floors) last longer but cost more to repair when they do need work.
Deferred maintenance
Skipping maintenance compounds costs. A $200 gutter cleaning today prevents a $3,000 foundation repair later.
DIY capability
Handy homeowners can cut costs 20–40% by handling minor repairs, painting, and seasonal tasks themselves.
Frequently Asked Questions
Pro Tip
Open a dedicated savings account for home maintenance. Automate a monthly transfer equal to your monthly budget figure — you'll never scramble for repair funds again.
Ways to Stretch Your Budget
Need Help With a Project?
Connect with vetted local contractors for accurate quotes on any home project.
Find a Contractor