Submitted by Philip Brewer on September 4, 2007 - 15:46.
Yes, my own experience with unexpected maintenance expenses was an important factor in my calculation. I know people who estimate their maintenance expenses at just a few hundred dollars a year--and in many years that may be accurate. But I think a realistic estimate that covers a period of decades needs to be several times that.
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My experience too
Submitted by Philip Brewer on September 4, 2007 - 15:46.
Yes, my own experience with unexpected maintenance expenses was an important factor in my calculation. I know people who estimate their maintenance expenses at just a few hundred dollars a year--and in many years that may be accurate. But I think a realistic estimate that covers a period of decades needs to be several times that.