This is the comprehensive guide to all the ongoing costs you need to know about before purchasing a home. This guide will help you prepare for and budget for all these ongoing expenses.

In the guide, I also give you some actual cost figures so that you at least have a ballpark figure on what the different items can cost.

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As mentioned in the episode, there is a fantastic guide written by Romana King from MoneySense that breaks down all the maintenance expenses that you’re likely to incur in your home. You can view the full article here: Ultimate Home Maintenance Guide. This should give you a great idea of all the different items that you should maintain, which ones to maintain yourself, and which ones to save up for (such as a roof replacement, furnace replacement, etc.).

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Kornel