Owning a home is expensive.....

[Brampton_Boy]

In the span of 3 months, I have spent close to $90K repairing and/or remodeling my home.

What started off as changing a broken sink in the kitchen spawned into a complete remodeling of the entire ground floor. The primary issue is that my house was built in the 70s, and all the plumbing and electrical wiring is janky - by the time the extent of the damage was known (and my walls were torn apart), I said fuck it and decided to renovate from the ground up (changing all the flooring, appliances, cabinets etc.). That was about $70K in total - a reasonable sum considering the scale of the renovation.

Unexpectedly, I had to do a major roof repair and replace the fence in my backyard.......then property taxes came due - in total, I was out another $20K.

The silver lining is that my fridge makes ice now. I've always wanted that.

 

[mixmastermo]

Humble brag: the thread

 

[Get To Da Choppa]

In the span of 3 months, I have spent close to $90K repairing and/or remodeling my home.

What started off as changing a broken sink in the kitchen spawned into a complete remodeling of the entire ground floor. The primary issue is that my house was built in the 70s, and all the plumbing and electrical wiring is janky - by the time the extent of the damage was known (and my walls were torn apart), I said fuck it and decided to renovate from the ground up (changing all the flooring, appliances, cabinets etc.). That was about $70K in total - a reasonable sum considering the scale of the renovation.

Unexpectedly, I had to do a major roof repair and replace the fence in my backyard.......then property taxes came due - in total, I was out another $20K.

The silver lining is that my fridge makes ice now. I've always wanted that.

That's $90k Canadian, which is like tree fiddy US dollars plus a stack of Reebok coupons

 

[JudoThrowFiasco]

Yep, it's not for the poors. Had to reconfigure the entire drainage system of my back yard resulting in digging out new window wells, which lead to remodeling part of the basement. New deck, new lawn new irrigation system.

 

[D3thr0n3d K1ng]

In the span of 3 months, I have spent close to $90K repairing and/or remodeling my home.

What started off as changing a broken sink in the kitchen spawned into a complete remodeling of the entire ground floor. The primary issue is that my house was built in the 70s, and all the plumbing and electrical wiring is janky - by the time the extent of the damage was known (and my walls were torn apart), I said fuck it and decided to renovate from the ground up (changing all the flooring, appliances, cabinets etc.). That was about $70K in total - a reasonable sum considering the scale of the renovation.

Unexpectedly, I had to do a major roof repair and replace the fence in my backyard.......then property taxes came due - in total, I was out another $20K.

The silver lining is that my fridge makes ice now. I've always wanted that.

My house was also built in the 70s and Ive replaced all the flooring, doors, windows, renovated the bathroom and a bunch of other stuff. Not sure the total Ive spent. The electric was messed up as well with like 4-5 outlets/appliances on one 15 amp breaker until I had an electrician fix it.

 

[fingercuffs]

My house was built in 1971 so I went to town on the inspection before buying. Thankfully a lot had been renovated already and husband isn't the DIY type so it had to be move in ready. Took out additional roof insurance etc...nearly moved to ridiculous wildfire country so at least didn't have to worry about losing another house to that. Yes it has cost you but I guess you have it perfect now?

The kitchen's always the kicker for me and it was brand new with even the gun mental colour appliances I would have chosen and the same new flooring I would have picked if it were a new build.

Just sit back and revel that you won't have to worry about anything for a while.

 

[dildos]

In the span of 3 months, I have spent close to $90K repairing and/or remodeling my home.

What started off as changing a broken sink in the kitchen spawned into a complete remodeling of the entire ground floor. The primary issue is that my house was built in the 70s, and all the plumbing and electrical wiring is janky - by the time the extent of the damage was known (and my walls were torn apart), I said fuck it and decided to renovate from the ground up (changing all the flooring, appliances, cabinets etc.). That was about $70K in total - a reasonable sum considering the scale of the renovation.

Unexpectedly, I had to do a major roof repair and replace the fence in my backyard.......then property taxes came due - in total, I was out another $20K.

The silver lining is that my fridge makes ice now. I've always wanted that.

you shouldda checked the house before you bought it.

made sure everything was functioning properly.

all ive really paid was land tax and water/electricity rates when i wasnt living in the house.

thats your own fault imo.

i bought a terrace in 2011 and it has been a dream. it was an old property too, but 3 storey and everything was all g and no dice to worry about. havent had to put anything into it at all.

 

[elreece]

Tell you what is more expensive?

Building a home god dam. But will be worth it when it is done.

 

[Protectandserve]

My kitchen is in need of a remodel. Gonna have to do countertops and the dishwasher I think. Luckily I can do those myself, just need the time to do it

Then I need to do an exterior facia board on my roof that’s gonna be expensive as fuck that I can’t do myself sometime in the next 6 months.

Down the road is flooring replacement and getting rid of the shitty tile floor I have.

 

[Copper Burner]

Humble brag: the thread

$20,000 per year property tax reveal was really lame.

 

[Jack Reacheround]

Yes it is. But, every penny you put into it will come back when you sell it (usually).

Still, $90k is a ton for remodeling and repairs. Idk if I’ve spent that much remodeling in the entire 10 years I’ve owned my current house. I know I must be close though.

 

[elreece]

$20,000 per year property tax reveal was really lame.

Hold up in the USA you get taxed every year to own a house?! Even if you own it out right?

This is on top of your bank mortgage as well?

 

[Grassshoppa]

Yup.

 

[HeffDoesWant]

Hold up in the USA you get taxed every year to own a house?! Even if you own it out right?

This is on top of your bank mortgage as well?

Many countries have it because Land tax makes good economic sense.

You can't just rely on taxing workers.

 

[RollSonnenRoll]

Hold up in the USA you get taxed every year to own a house?! Even if you own it out right?

This is on top of your bank mortgage as well?

Yes, it's factored into your mortgage payments.. Once you pay off the house, then you pay the tax office the sum all at once at the end of the year.

Oh, and it can change. My mortgage went up $200 a month this year due to property tax assessment.

 

[emefer]

You think that’s bad. Imagine how expensive it is to own 3 of them.

 

[RoastBeast]

lol @ 20k in property taxes.

Fuckin Canada.

 

[GSP_37]

Even before the Maui wildfire disaster, local news here was reporting some condos were raising the maintenance fees a ton maybe due to rising insurance premiums costs. It was some crazy high increase where senior citizens couldn't afford to stay so likely had to sell and move.

 

[Sobek]

Pay your property tax in silence bitch...your gov has stupid liberal programs, rainbow murals, and zelensky's wife's bugatti to pay for. You selfish prick.

 

[GSP_37]

lol @ 20k in property taxes.

Fuckin Canada.

Some places without state income tax have bigger property tax. The money to pay government employees has to come from somewhere. Too bad they can't invest a huge amount of money and fund the operations via income or gains.