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Budget and the Bees
Budget and the Bees
Latrice Perez

9 Items Young Homeowners Leave Out—Only to Pay for Later

Young Homeowners
Image source: 123rf.com

Buying your first home is a monumental achievement, a tangible symbol of independence and a major step into adulthood. In the whirlwind of excitement—picking out paint colors and furniture—it’s easy to overlook the less glamorous aspects of homeownership. However, ignoring routine maintenance and forgetting key items can turn your dream home into a financial nightmare. Many young homeowners learn this lesson the hard way, facing thousands of dollars in emergency repairs that could have been prevented. To protect your investment and your wallet, here are nine things you shouldn’t neglect.

A High-Quality Dehumidifier

In many parts of the country, especially in areas with high humidity or homes with basements, moisture is the enemy. Excess moisture leads to mold, mildew, musty odors, and can even warp wooden structures. A good dehumidifier is not a luxury; it’s an essential tool for protecting your home’s air quality and structural integrity. Waiting until you see or smell a problem is too late, as mold remediation is an incredibly expensive process.

Regular Gutter Cleaning

It’s a dirty job, but someone has to do it. Clogged gutters are one of the most common causes of serious home damage. When water can’t flow freely, it can pour down your siding, seep into your foundation, and leak into your roof, causing wood rot and devastating water damage. For the cost of a few hours of your time or a small fee to a professional, you can prevent repairs that easily run into the thousands.

An Emergency Fund for Home Repairs

Your mortgage is not your only housing expense. Fences fall down, water heaters burst, and air conditioning units fail—usually at the worst possible time. Many young homeowners are caught off guard because they don’t have a dedicated savings account for these inevitable repairs. A good rule of thumb is to set aside 1-3% of your home’s value each year for maintenance and unexpected costs. This fund is your safety net against going into debt for an emergency.

Professional Dryer Vent Cleaning

You probably clean the lint trap in your dryer after every load, but what about the vent that leads outside? Over time, this duct fills with highly flammable lint, creating a serious fire hazard. According to the U.S. Fire Administration, nearly 3,000 home fires are caused by dryers each year. A professional cleaning is inexpensive and provides peace of mind, while also improving your dryer’s efficiency.

Sump Pump Maintenance

If your home has a basement or crawl space, your sump pump is your first line of defense against flooding. But this crucial piece of equipment can fail if not properly maintained. You should test it regularly, especially before a heavy rainstorm, to ensure it’s working correctly. Many homeowners forget about it until their basement is under two inches of water. A battery backup system is also a wise investment in case of a power outage.

Pest Control Prevention

Dealing with a pest infestation is far more costly and stressful than preventing one. Termites, carpenter ants, and rodents can cause significant structural damage that often isn’t covered by homeowner’s insurance. Signing up for a regular preventative pest control service can save you from catastrophic repair bills down the road. It’s a small, recurring cost that protects a massive investment.

Caulking and Sealing Windows and Doors

Tiny gaps around your windows and doors may not seem like a big deal, but they are silent money pits. These cracks let heated or cooled air escape, driving up your energy bills. They also provide an entry point for moisture and pests. Taking a weekend to re-caulk and seal these gaps is one of the highest-return DIY projects a homeowner can undertake.

A Fire Extinguisher for Every Floor

This seems obvious, but it’s amazing how many homes lack adequate fire safety equipment. You should have at least one fire extinguisher on every level of your home, especially in the kitchen and garage. Make sure you and your family members know how to use them. For a small upfront cost, this simple tool can be the difference between a minor kitchen flare-up and a devastating house fire.

Understanding Your Main Water Shut-Off Valve

In a plumbing emergency, like a burst pipe, every second counts. Knowing the location of your main water shut-off valve and how to use it can prevent catastrophic water damage. Yet, many young homeowners have no idea where it is. Take five minutes to locate the valve—often in the basement, a utility closet, or outside—and make sure it’s accessible and you can turn it off.

Investing in Prevention, Not Just Repair

The transition from renting to owning means shifting your mindset from reaction to prevention. Being a responsible homeowner is about stewarding your property and protecting your investment for the long term. By paying attention to these often-neglected items, young homeowners can avoid stressful and expensive lessons, ensuring their first home remains a source of pride and security, not a financial drain.

What is one piece of home maintenance advice you wish you had known when you first bought your home? Share in the comments

Read more:

How Home Maintenance Can Save You Money in the Long Run

10 “Luxury” Home Features That Are Actually a Nightmare to Maintain

The post 9 Items Young Homeowners Leave Out—Only to Pay for Later appeared first on Budget and the Bees.

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