Budget an annual home-maintenance reserve as a percentage of home value generally.
The common rule of thumb sets aside about 1% of the home's value each year for maintenance and repairs. It varies with age, climate and finish quality — adjust the percentage accordingly.
Budget
Annual ≈ home value × rule %
Planning rule of thumb only.
No — newer homes may need less; older homes, acreage or harsh climates often more.
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.