lifetime maintenance costs

New Synchrony Study Finds Homeowners Underestimate Lifetime Home Maintenance and Repair Costs by More Than $250,000: Avoid $2

Avoid $250k Maintenance and Repair Surprise, First‑time Home Buyers

First-time home buyers can avoid a $250,000 surprise by budgeting for hidden maintenance and repair costs from the start. Most new owners base their plan on a $70,000 lifetime estimate, not the true expense revealed by recent studies. Understanding the gap early prevents budget shocks later. Financial Disclaimer: