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Updated 4 months ago on . Most recent reply

Vaibhav Bakre's profile image
Vaibhav Bakre's profile image
Vaibhav Bakre
  • from Plano, Texas
  • Member since Aug 6, 2012
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Vaibhav Bakre's profile image
Vaibhav Bakre's profile image
Vaibhav Bakre
  • from Plano, Texas
  • Member since Aug 6, 2012
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Vaibhav Bakre
  • Plano, TX
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Real Estate Deal Analysis & Advice

Maintenance repair costs for a 40 years old house

Vaibhav Bakre
  • Plano, TX
Posted

I am evaluating a $300K house that is about 40 years old. The house is in good condition, AC and roof are 5 years old.

Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this price range. What is the suggested maintenance for older houses? Any rule of thumb to use while analyzing?

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