How much do you spend on yearly home maintenance? In GOBankingRates’ 2023 real estate survey, nearly 30% of existing homeowners surveyed said they spend between $500 and $2,000 per year. Of the age ranges who respondents, the highest percentage belongs to homeowners ages 65 and over, at 48%.
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It’s OK not to conduct certain types of home maintenance each year, but some types of maintenance and renovations should