At some point, your home will have something that needs fixing. A home comprises many components and fixtures that may break down and require one or more major repairs. Maintenance is a huge expense that homeowners often underestimate.
In 2020, the average household spent $13,138 on home repairs, such as roof replacement or repair, electrical wiring problems, plumbing issues, and foundation problems.
According to Home Advisor, more than 30% of homeowners were forced to complete an emergency repair at some point. To avoid out-of-pocket expenses, always ensure that you are prepared to undertake home renovations and repairs if disaster strikes. With that in mind, here’s what you need to know about the estimated costs of home repairs, so you know whether you are paying too much.
Foundation Repair: $500 – $12,000
This home repair task is usually needed after home inspections. A cracked foundation could compromise your home’s structure and lead to framing issues and basement flooding. Since it is the literal footprint of your home, foundation repairs require extensive jacking and steel beam installation. Each beam costs around $1,000, which can be very costly.
Electrical Repair: $125 – $3,000
Whether you have a broken light switch or tripped circuit breaker, electrical issues should always be left to licensed electricians. You can run the risk of electrocuting yourself or starting a fire when you decide to handle the work yourself. Professional electricians may charge $50 to $100 per hour for repairs depending on the complexity of the job.
Roof Repair: $150 – $5,000
Having roof problems can lead to long-term damage, so it is recommended to address all the issues immediately. Common signs that you need roof repair ASAP are leaks, water stains, curled or missing shingles, and peeling exterior paint. Do not ignore the red flags and call a roofing expert or handyman right away. The national average roof repair cost is $770, but it can run from $10,000 if your roof needs a complete replacement.
Water Heater Repair and Replacement: $100 – $1,400
You use your water heater day in and day out, so it is only imperative to have repairs completed. If your water heater is leaking, not supplying enough water, or making noise, it’s probably time to schedule service with a handyman.
Repairing your water heater will cost you up to $1,400 to purchase and install an energy-efficient unit. Newer models and systems save up from 16% to 20% in energy and utility bills.
Plumbing Repair: $300 – $2,500
Plumbing contractors and companies charge $45 to $200 per hour. Labor usually takes up most of the total expenses. The more time and effort they need to provide, the more money you will pay. Usual plumbing repair jobs include repairing slabs, faucets, toilets, sinks, or bathtubs. Always get a written estimate in writing to see how much will cost the project and help you stay on budget.
Gutter Repair: $177 – $541
When your gutters start to break down, getting a repair is the best way to go. The cost will depend on several factors like the extent of the damage, house height, gutter length, and material expenses.
Although the national average cost is around $359, expect that you will pay more if you need to repair downspouts or reinstall additional hardware, sealant, and hangers. Don’t try to patch up your gutters yourself since this risky job requires expertise, skills, and equipment.
HVAC Repair or Installation: $100 – $1,100
Your HVAC unit consists of electrical and piping components, which require repairs at least once during their lifespan of 12 to 15 years. If your unit malfunctions in the middle of the summer or winter, call an HVAC contractor or handyman who can fix the filters, thermostat, fuses, or even the furnace.
Most companies charge an hourly rate of $150 to $200, including the labor fees and cost of parts. The total repair cost depends on your house’s size and the type of system you have installed. In case of emergency, HVAC repairs cost double or triple the regular rate.
The Takeaway
Unexpected home repair costs can be a nightmare when you need to rely on out-of-pocket spending. Save money by catching house problems early and call a professional handyman. Need a written estimate for your home repair? Contact Handyman Pittsburgh & Co. today, and we will schedule an in-home consultation with you!