The Typical U.S. Home Is 44 Years Old—And Needs Tons of Work - WSJ https://www.wsj.com/personal-finance/the-typical-u-s-home-is-44-years-oldand-needs-tons-of-work-a1fd89ea?st=7FejZx&reflink=desktopwebshare_permalink Free link. "Financial advisers traditionally suggested setting aside 1% of a home’s value annually for upkeep, but many now argue that isn’t enough. While 1% may cover routine upkeep, 2% to 3% provides a more realistic cushion for expected maintenance, home-improvement projects and unexpected repairs, particularly for older homes" #homeownership #costs