Rough estimate of annual homeownership related expenses
(Some average household expenses excluding your mortgage payment & other non-household expenses like transportation & auto maintenance; outside meals & entertainment; etc.,.) - Some of these expenses will be higher or lower depending on many factors.
Maintenance Item Mo. Avg. Add'l Required Add'l Optional Add'l Annual  Frequency Items included
Budget for Major Repairs 50.00       monthly Roof; HVAC; H2O htr; plumb/elec
Cable 50.00       monthly Basic cable services
Door locks       125.00 one time front, back, garage to house
Furnace Filters       40.00 annual 2/quarter/$5each
Furniture - Bedrooms     1,000.00   one time Beds, dressers, desks, lamps, etc.
Furniture - Dining Room     500.00   one time Dining Room Table
Furniture - Great Room   750.00     one time Sofa-Love Seat; Chair; Coffee Table
Furniture - Kitchen/Breakfast     200.00   one time Breakfast table
Groceries 300.00       monthly 75/week
Hardware - Miscellaneous items 10.00       monthly Nails, screws, hand tools, other misc.
HOA (Homeowners Assoc) Fee Fee       200.00 annual Depends on what the HOA charges
Home Warranty (2 service calls/yr)     500.00 120.00 one time Renewal is optional - but 2 service calls/yr
Homeowner's Insurance 50.00   50.00   annual general increase or additional computers
Household - Cleaning 10.00 300.00     one time vacuum cleaner; garbage bags; soaps; detergents; mop; broom; sponge; towels; ironing board; glade; furniture polish
Household - Linens/Blinds/Curtains   50.00 120.00   one time bath/kitchen towels; draperies; sheets
Household - Simple maintenance 10.00       occasional light bulbs; caulk; hand tools; d-tape;
Internet Service 50.00         Cable, phone, satellite, CLEAR, other…
Kitchen - Appliances     500.00   one time New microwave-repairs to existing appl.
Lawn Maintenance 10.00 250.00     monthly If not a townhouse w/existing lawncare; mower; yard tools; wheelbarrow; seed; weed eater; roundup; lawn mower
Miscellaneous 25.00       monthly Miscellaneous unplanned items - aspirin; pharmacy; magazines; etc,.
Property Taxes - Increase 100.00       annual $250 increase 2009
Telephone 45.00       monthly Land line or cell phone
Utilities - Cable 50.00       monthly Average monthly service
Utilities - Electricity Deposit       50.00 one time Deposit to establish service
Utilities - Electricity 120.00       monthly Average monthly service
Utilities - Garbage 20.00       monthly Average monthly service
Utilities - Gas Deposit       50.00 one time Deposit to establish service
Utilities - Gas 80.00       monthly Average monthly service
Utilities - Internet Service 40.00       monthly Average monthly service
Utilities - Water Deposit       50.00 one time Deposit to establish service
Utilities - Water 50.00       monthly Average monthly service
Mo. Avg. Add'l Required Add'l Optional Add'l Annual
TOTALS 1,070.00 1,350.00 2,870.00 635.00
x 12
Annual Cost 12,840.00
Please share your budget with me so I can inform other homebuyers of expenses of homeownership. Jim Parker - jim@abuyeragent.com