Another related issue for avoiding costly repairs (or disasters) is the proper operation of a home, including systems and appliances, in a way that prevents damage or prolongs their usefulness. For example, at higher latitudes, even a clean rain gutter can suddenly build up an ice dam in winter, forcing melt water into unprotected roofing, resulting in leaks or even flooding inside walls or rooms. This can be prevented by installing moisture barrier beneath the roofing tiles. A wary home-owner should be alert to the conditions that can result in larger problems and take remedial action before damage or injury occurs. It may be easier to tack down a bit of worn carpet than repair a large patch damaged by prolonged misuse. Another example is to seek out the source of unusual noises or smells when mechanical, electrical or plumbing systems are operating—sometimes they indicate incipient problems. One should avoid overloading or otherwise misusing systems, and a recurring overload may indicate time for an upgrade.


How to DIY it: Gently tug the loose part of the carpet to find the point where it’s still attached. Snip 
it off as close to the backing as possible and save it. Use painter’s tape to surround the repair area. Squeeze 
a heavy bead of carpet seam sealer (about $6 at home centers) into the run. Then fill in the hole with the saved fiber, using a screwdriver to press it into the sealer bit by bit until the area looks like the surrounding 
carpet (below).

How to DIY it: This job can be messy, so protect nearby surfaces by covering them with plastic or cardboard. Spray the springs with garage door lubricant (about 
$7 at home centers). Don’t use oil, grease, or other lubricants. They may be cheaper, or you may have them on hand already, but they won’t work as well and tend to pick up dust and grit—just what you don’t want on moving parts.


Quick-setting drywall compound lets you finish small repairs and fill deep holes in minutes instead of waiting days for premixed joint compound to dry. The small boxes are available in most home centers and paint stores are also easier to store and more likely to get used up than large bags or buckets. Click here to learn how to hang drywall like a pro. Click here to buy drywall compound on Amazon now.
Risk: The range hood sucks cooking fumes up and out of the kitchen. As grease splatters, it builds up and clogs the filter in the underside of the hood, keeping the fan from working as it should. This could cause your smoke alarm to go off, attract fruit flies, and leave potentially harmful pollutants from your gas or electric range lingering in the air. And if you have to replace the motor, it will cost around $200.
An estimate was that in 2003, the market for home-maintenance and repair spending was up 14% from 2001 to 2003.[12] Another estimate was that the market in the United States was $126 billion and was increasing by about 4% annually.[10] American homes are aging; one estimate was that in 2007, more than half of all homes are older than 25 years.[12] And, as populations worldwide tend to become older, on average, and since increasingly elderly people will be less inclined and able to maintain their homes, it is likely that demand for handyman services will grow.[original research?][citation needed]
How to DIY it: Coils are located 
on the back of the refrigerator or across the bottom. Pull the fridge away from the wall. (Hint: Grab the sides and pull from the bottom. You may want to lay cardboard on the floor first to prevent scratching.) Clean coils with a coil-cleaning brush (about $10 at home centers), then vacuum. Do this every six months or so.

This is a fun one. Composite wood paneling may have been all the rage in the 60s and 70s, but unless it’s still in perfect condition and painted white, it’s probably an eyesore. Popping off this decorative paneling can take minutes, and is seriously satisfying. Just be ready: you never know what condition the wall is in underneath. Be prepared to do a little plaster repair and, of course, repaint. Click here to learn how to prepare a wall for painting.


To fix a squeaky floor under carpet, locate the floor joists with a stud finder, then drive in a trim head screw through the carpet, pad and subfloor, and right into the floor joist. Be sure the top inch of the screw doesn’t have threads or the subfloor won’t suck down tight to the joist. We like trim screws because screws with larger heads pull down and pucker the carpet. If that happens, back out the screw and drive it back down. Keep adding screws until the squeak stops. Try these other squeaky floor fixes.
Live in a condo or co-op in the city, and your monthly maintenance fee may be large enough to make you envy the owner of a single-family home. But that regular common charge means that you get to live in ignorant bliss about what it costs to keep a property functioning. You may never know when the gutters get cleaned, who gets hired to do the work or even how much the job costs. None of the details are your problem because the work just gets done whether you’re paying attention or not.

If you can say the same, that’s great! But be sure to take steps to replenish the funds quickly. Unfortunately, repairs can come at any time—even one right after another. So you’ll want to be ready. If you are thinking about doing other renovations in addition to your emergency repairs, use SoFi’s Home Project Value Estimator to find out the resale value of your project.

When the kitchen faucet leaks, you can’t just call the super. Instead, you have to find a handyman willing to do the work — unless you want to figure out how fix it yourself. But that would mean spending half a day at Home Depot wandering around the plumbing aisle. Buy the wrong materials and you may be back at the store a week later, or calling that handyman anyway to fix your mistake.
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