This is going to be my 1st time owning a home, right now i'm living in an 900 sf apartment, my new home will be in Riverside,or San Bernadino CA and there will be only me and my husband and maybe kids in future. I would like to have a rough idea on how much the monthly expenses will be to own a 3300 sf house (with energy saving window) vs what i'm paying now living in apartment. Appreciated those who live in similar size home can give me a rough numbers you pay in utilities like gas, electricity, water, Home hazard insurance, etc.
Thank you and appreciate your respones
2006-11-30 15:07:20 · 3 answers · asked by bibi 1 in Business & Finance ➔ Renting & Real Estate
power #175, gas $70 summer & 240 winter (gas heat), water $85, insurance higher in CA so I can not help there we do not have earthquakes just hurricanes.
The real expenses come from upkeep - power washing, painting,
carpet cleaning, replacing appliances & heating units ( I just paid $8600 for air conditioning unit ), water heaters. I built my house
8-1/2 years ago & I have replace air conditioning, dishwasher, water heater, carpet downstairs, had it painted. I would quess I have spent in maintenance & repairs around $18,000 in the last 5 years. More than I expected for sure.
Good luck with new house, I love mine.
2006-11-30 15:49:28 · answer #1 · answered by Wolfpacker 6 · 0⤊ 0⤋
I have just purchased my first home as well :) I purchased in Temecula. I personally end up dishing out about 2000 each month but that includes my mortgage and utilities, car and home insurance, groceries, etc. sometimes its more sometimes its a little less. It really all matters on easily you spend money. if you'd like i have this really cool spreadsheet that has helped me track my finances. Its really easy ans it'll help you see how much you're spending and what you're spending on. It'll tell you if you are saving anything or spending more then your income. Hope this works for ya. Best of luck & Congratulations
2006-11-30 15:33:50 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No you may want to no longer. to declare the loan interest deduction my must be legally obligated for the funds and ought to absolutely make the funds. As you're on the deed as 50% proprietor you may deduct your percentage of any resources taxes that you paid in case you itemize. even if if it is your purely deduction it is probalby no longer adequate to be nicely worth itemizing.
2016-11-28 02:59:29 · answer #3 · answered by mimbsjr 3 · 0⤊ 0⤋