• How Your Square Footage Can Help You Save for Home Maintenance

    Saving for household maintenance and repairs is critical to getting things done around the home. This extra cash can help you take on all the odd jobs that keep your home in good shape, plus all the big renovations that improve its curb appeal and functionality. here is a glimpse of How Your Square Footage Can Help You Save for Home Maintenance

    Except, saving for these varied tasks can be challenging for homeowners. There’s a vast difference in the types of maintenance you might face — from replacing a fire alarm to installing a new roof. The sheer randomness of these jobs makes your task even trickier. After all, parts of your home (like the roof or foundation) don’t break down on schedule. They happen unpredictably.

    So, how can you save enough money to handle all your maintenance and repairs? The square footage of your home might have an answer.

    Why Does Your Square Footage Matter?

    According to some renovation experts, your square footage can give you an idea of your yearly maintenance costs. Their rule is simple: for every square footage you own, save $1 towards maintenance and repairs.

    As calculations go, this one is pretty easy. All you have to do is look through your paperwork to find the size of your home, and you have your savings goal.

    In the U.S., the median size of a single-family home is between 1,600 and 1,650 square feet. That would put your annual savings goal at roughly $1,600–$1,650.

    Now, you might not use all that money in one year, but don’t stop saving once you reach your annual goal. You can roll over the extra savings you don’t use into the next year, building your fund until it’s big enough to take on the most complicated projects.

    What if You Need to Make Repairs Before You Hit This Goal?

    If you live in the U.S., your sprawling square footage means you have a big goal to achieve, and your home might not cooperate with your plan. Sometimes, an emergency happens before you can sock away your first $100.

    If you’re stuck patching your roof or replacing your furnace without savings, you might want to put your emergency expense on a line of credit. An online line of credit offers homeowners a flexible way to cover an unexpected repair, and it stays open after your pay off what you use.

    Having cash on standby can help with the next emergency that comes your way, but before you apply for one, you need to understand the cost to borrow a line of credit. Interest and finance charges apply to the money you use.

    Does the Square Footage Always Work?

    Let’s face it — the square footage rule is like any rule. It provides a fantastic framework for the general population, but it’s not always the best option for your personal needs. You might need to adjust your goal to suit your unique home, increasing your savings goals to reflect the condition and age of the building, its key components, and your appliances.

    Consider the last time you updated your HVAC system, roof, or major appliances. Each of these things has a lifespan, usually of about 10 to 25 years. If you’re on the tail end of these cycles, you could be facing a big expense in the near future.

    Keep this in mind as you start saving for maintenance and repairs. Increase your goal as you see fit, and you’ll always be prepared for the next emergency.

    15 Sustainable Interior Design Tips For Eco-Conscious Spaces

    Sustainable interior design implies the modern aspect of crafting spaces and understanding varying styles and trends. The need for eco-friendly design emerges from various challenges such as climate change, cluttered space, and losing touch with nature. Sustainable interior design follows the principles of green design, connecting the hues of earth and the texture of nature, […]

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    TADstories with Ar. Anjali Rawat| Anjali Rawat Architects

    Anjali Rawat, the founder of Anjali Rawat Architects talks about her passion for architecture and her design strategies. Anjali Rawat Architects is a multidisciplinary design firm founded by Anjali Rawat in the city of Mumbai. The firm has an expertise in high rise apartments, residential and office interiors as well as resplendent villas. In an […]

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    Paint Your Personality With 15 Color Palette For House Interior

    So when it comes to ambience, colors play a role. As designers, we always look out for a color palette for house interior while walking, travelling, or just wondering. When designing the interior, the color combination, shades, and contrast glimpse into the color palette for the house interior. There are thousands of colors and shades […]

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    20 Must-Read Architecture Books For Any Designer

    Architecture is a discipline with a great depth of sensibility to craft the experience of spaces. Architecture books are the medium for in-depth research, theory, and thoughts often hidden beneath the physical structures. For any architect, student, or enthusiast, architecture books serve as a tool to learn about buildings from the masters. Looking at this […]

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    50 Best Wall Moulding Design Inspirations For Your Interiors

    Wall Moulding Design is a great way to amp up your space and elevate the overall look of your home. There are a wide range of moulding designs that can add a distinct character to your space. Wall moulding design comes from different kinds of materials, such as PVC, plaster, wood, etc. The right choice […]

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    Rooftop Design Ideas – 20 Brilliant Ideas for your Indian Roofs

    Rooftop design ideas open up an interesting world for your roofs or terraces to be meaningful and beautiful at the same time. In India, rooftop design ideas hold immense potential to address critical challenges and enhance community well-being. By integrating solar energy generation, green spaces, and rainwater harvesting, rooftops can contribute significantly to sustainable urban […]

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    50 Magnificent Gate Design That Will Protect Your Home

    Gate Design is an important feature of any home. Numerous scopes for experimentation open up when delving into the design possibilities. Materials like wood and black steel are popular options in Indian homes. At the same time, designers also experiment with a combination of materials that suits their aesthetic. Buying mass-produced gate design has become […]

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    50 Refreshing Terrace Design Inspirations Essential for Urban Spaces

    A rejuvenating terrace design is a breath of fresh air. One can experience the beauty of the outdoors from the comfort of their home. At the same time, a good terrace design can help one relax after a stressful day. It is a representation of one’s style and character. Terrace Design can seem minimalistic and semi-open or functional with a jacuzzi […]

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    Top 25 Architects in Hyderabad

    Hyderabad is a city that boasts a rich and diverse architectural heritage that has been shaped by its history and cultural influences. The city has been ruled by various dynasties, including the Qutb Shahis, the Mughals, and the Nizams, who have all left their mark on its architecture and influenced young architects in Hyderabad. The […]

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    Hyderabad, the city of Nizams, is not just known for its rich cultural heritage but also for its booming interior design industry. With an increasing demand for quality and unique interior design solutions, the city has become a hub for talented and skilled interior designers in hyderabad who are making waves in the industry. In […]

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