Our house has reached the 25 year mark, which means that is has already had or will need some major maintenance work. In the past five years, we've already replace the furnace and roof. Currently, we are working on replacing a water main and a driveway. I expect the house will require several other major maintenance items over the next five years.
My goal is to do the maintenance work that will enable us to live relatively worry free for the next 20 years. That's about the time we'll be downsizing and selling our house to the next owner, hopefully for more than we paid :-)
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This is not financial or maintenance advice. Please consult a professional advisor.
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