There’s a variety of expenses involved with buying a home. In order to make a purchase, every homeowner must know to budget for costs like the down payment, mortgage, taxes, and insurance. But there are other expenses that are a little harder to plan for: major home repairs. Though you can’t predict when an electrical panel will go out or a roof leak will occur, having funds set aside for such issues can help you avoid piling up debt and the stress that comes with it.
Yes, you might be able to save money by performing some of these repairs yourself. But if you lack experience with a certain task, you risk wasting lots of time, energy, and sometimes money, not to mention your safety. To help you determine which home repairs you shouldn’t DIY, here’s a list of four professionals every homeowner should consider hiring.
The stakes are simply too high to try doing your own electrical work. If one little mistake is made, it can result in a fire, among other things. One of the most common electrical issues in a home is when the electrical panel goes out. Your electrical panel is what controls your home’s power, and if you notice problems with it, then it’s important to take action immediately. Here are some problems to look out for:
- Buzzing sounds
- Crackling sounds
- Flickering lights
- Bad fuses
While the cost usually ranges between $503 and $1,735, a lot of different factors will determine how much you pay for repairing or modernizing electrical work. For instance, if extra labor is needed to fix damaged circuits, add new subpanels, or repair or dispose of old wiring, you can expect the total cost to be higher.
Unclogging a toilet or shower drain is one thing. But if you come across a more serious plumbing issue, you would do well to call a plumber. These issues include (but are not limited to) a faulty water heater, blocked sewer line, leaky pipes, low water pressure, or a running toilet. The cost of hiring a professional will depend on the severity of the problem. As far as labor goes, a journeyman plumber typically charges $45 to $95 an hour and a master plumber $70 to $130 an hour.
3. HVAC Technician
Other than changing your air filters and routine cleaning, any issues with your heating and air should be addressed by a professional. Whether it’s a minor fix like replacing a bad circuit breaker or something major like repairing a refrigerant leak, it’s important to call an HVAC technician as soon as possible. Expect to pay $40 to $250 for a service call, plus labor and materials for the repair.
It’s not hard to see why the average homeowner should call a roofer for any roof problems. After all, the roof is essential for protecting your home against the elements, and it’s a key part of your home’s structure. Whether you’re dealing with a simple leak or need a full replacement, call a professional roofer as soon as you realize there’s an issue. For a full roof replacement, prepare to pay about $4 to $7 per square foot.
There are some home repairs that are not worth risking a DIY attempt. Remember to call a professional anytime you have a serious electrical, plumbing, HVAC, or roofing issue. It might cost more money upfront, but it can cause less stress, take up less of your time and energy, and potentially save you money in the long run.