Unveiling the True Cost of Homeownership: Beyond Mortgages
Manage episode 462856501 series 2562171
Owning a home isn’t just about the mortgage payment – are you prepared for the real costs? In this episode, Winnipeg real estate expert Bo Kauffman dives into the additional expenses homeowners need to budget for, including property taxes, home insurance, utility bills, and saving for future maintenance and repairs. With clear examples and actionable advice, this episode is packed with insights to help you transition into homeownership smoothly.
🎧 Highlights- 📊 How property taxes are calculated for a $350,000 Winnipeg home.
- 🏠 Why home insurance is mandatory with a mortgage and what it covers.
- ⚡ Average utility costs in Winnipeg: electricity, gas, and water.
- 💰 The importance of a maintenance fund: How much to save annually.
- 🔧 Real-world examples of repair costs: Roof replacement, furnace upgrades, and more.
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🚀 Connect with BoLooking for expert advice? Reach out to Bo for help buying or selling your home:
📞 Call Bo: 204-333-2202
📧 Email Bo: boknowshomes@gmail.com
🌐 Visit Bo’s Website: Winnipeg Real Estate Podcast
🎙️ Bo Knows Real Estate!
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