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» How do most people afford home repairs? Srs
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post 1680531043 04-10-2023, 11:49 AM
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How do most people afford home repairs? Srs

Was chit always this expensive or did this just happen in the past few years?

Was looking up costs for random repairs out of curiosity

BRB drain pipe in the slab needs to be replaced. 50k

BRB wood siding is rotted. 50k

BRB roof needs replacement. 35k

BRB deck needs replacement. 30k

BRB exterior paint job. 15k

BRB new AC unit. 15k

BRB house needs to be re piped because of rusted out steel pipes. 50k

BRB new electric panel needed or insurance won’t renew policy. 20k

How tf does anyone afford this chit?

Do most people just not do these repairs and let their home leak and rot if they hit one of these issues?
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post 1680531123 04-10-2023, 11:50 AM
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not sure if srs or trolling
post 1680531303 04-10-2023, 11:52 AM
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Do it yourself

Or pay me at those estimates
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post 1680531323 04-10-2023, 11:53 AM
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Originally Posted By OffwhiteBrah
not sure if srs or trolling
This isn’t a rentcel vs homeownercel thread if that’s what you mean

I was just looking at contractor rates for bigger ticket items people face and was shocked at the rates I was seeing
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
post 1680534433 04-10-2023, 12:43 PM
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Contractor prices have skyrocketed since COVID. Like double or triple what they used to be due to not only costs of items but cost of labor as well.

People use their home equity to make big repairs, which basically means they go into debt. Sometimes a big ticket item can set you back years on your mortgage. I know lots of people that stuff was hidden until after they bought their homes and a year later they were staring at a 50k repair bill.

Simple things that don't involve plumbing or electrical do it yourself if you can.
post 1680535103 04-10-2023, 12:51 PM
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  1. pengh
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IDK what kind of deck cost 35K. That must be impressive. I did mine for around $500 6 years ago. And 15K for a paint job? I painted my entire outside for $400
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post 1680536463 04-10-2023, 01:12 PM
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Originally Posted By pengh
IDK what kind of deck cost 35K. That must be impressive. I did mine for around $500 6 years ago. And 15K for a paint job? I painted my entire outside for $400
I’m talking contractor prices not DIY prices
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
post 1680536663 04-10-2023, 01:15 PM
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  1. Retoaded
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You have an extra zero on almost all those prices. Except AC units. Those are pricy right now.
post 1680537053 04-10-2023, 01:20 PM
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Your prices still seem out of control. Just have to find decent contractors. I got a roof quote for 24k. Looked up materials cost and it was ~4k. Found another contractor to do it for 11.5 with better shingles.
post 1680537113 04-10-2023, 01:21 PM
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Originally Posted By Retoaded
You have an extra zero on almost all those prices. Except AC units. Those are pricy right now.
Not really. During covid contractors jacked up prices because the high cost of lumber was on the news all the time so they could fool and gouge the average joe because they blamed their inflated labor costs on the increased price of lumber. But then when lumber prices dropped back down they left their prices high and pocket the rest. My FiL just got a small deck put in recently for $22k, when i looked up the costs of me buying all of the lumber(Trex) and all screws and railings etc at retail prices it was about $6k, so this contractor nearly quadrupled price of materials. Plus contractors get way better pricing so they are making a killing on stuff.
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post 1680537483 04-10-2023, 01:26 PM
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  1. eddiehaskell
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I've had my current house 5 years ago and paid $150k cash (current value maybe $250k). So far I've spent $10k on a new roof (including replacing some rotted wood after tear off) and $700 for a new water heater and install. The HVAC was replaced shortly before I bought it.

It's brick so no siding to replace. I'm painting the inside myself. The hardwoods are worn but I don't care. I will put down a new vinyl kitchen floor when I feel like doing that ($1,000).

The key to keeping expenses low for me is just not caring if the entire house is perfect or modern. People that do care about that could easily spend $50k on updating my house. I'm not looking to impress anyone and usually with those complete remodels the look of the house goes out of style in 10-15 years anyway.
post 1680537583 04-10-2023, 01:27 PM
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Originally Posted By desslok
Not really. During covid contractors jacked up prices because the high cost of lumber was on the news all the time so they could fool and gouge the average joe because they blamed their inflated labor costs on the increased price of lumber. But then when lumber prices dropped back down they left their prices high and pocket the rest. My FiL just got a small deck put in recently for $22k, when i looked up the costs of me buying all of the lumber(Trex) and all screws and railings etc at retail prices it was about $6k, so this contractor nearly quadrupled price of materials. Plus contractors get way better pricing so they are making a killing on stuff.
yall getting ripped off lol. I am literally doing repairs on 2 houses that I am about to list for sale and none of these prices are remotely close.
post 1680538033 04-10-2023, 01:32 PM
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  1. JayDigital
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Originally Posted By SaviorSelfJT
BRB new AC unit. 15k
Replaced an entire 3 ton hvac system last year, was under $6k all in. Not sure what kinda system costs $15k.
post 1680538103 04-10-2023, 01:33 PM
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  1. eddiehaskell
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Originally Posted By Retoaded
yall getting ripped off lol. I am literally doing repairs on 2 houses that I am about to list for sale and none of these prices are remotely close.
A lot of people just call up some companies they see advertised and have guys with a nice trucks come out to give estimates. If you do that you could easily spend $15k for something that could be done for $10k...or $5k for something that could be $2.5k. It's kinda like having a car fixed...take it to the dealership and spend double what a good independent mechanic might charge.

Prices still suck though because on my last house I had a roof done for $3,500 by a roofer that did it as a side job. Can't get those pre 2020 prices anymore...and definitely not those cheap prices of 2009-2015.
post 1680538183 04-10-2023, 01:34 PM
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Originally Posted By JayDigital
Replaced a 3 ton hvac system last year, was under $6k all in. Not sure what kinda system costs $15k.
I am about to do a 3.5 (downstairs) and a 2.5 (upstairs) for 12k total on a house. Thats the only price he gave that is off by a factor of 3 and not 10 though.
post 1680538303 04-10-2023, 01:35 PM
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  1. FunkG
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damn brah, at that rate you could just build a new house
post 1680538393 04-10-2023, 01:36 PM
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Originally Posted By eddiehaskell
A lot of people just call up some companies they see advertised and have guys with a nice trucks come out to give estimates. If you do that you could easily spend $15k for something that could be done for $10k...or $5k for something that could be $2.5k. It's kinda like having a car fixed...take it to the dealership and spend double what a good independent mechanic might charge.

Prices still suck though because on my last house I had a roof done for $3,500 by a roofer that did it as a side job. Can't get those pre 2020 prices anymore...and definitely not those cheap prices of 2009-2015.
Yeah people are stupid. I got a new roof done on a house last year for $6,000 and thats only because there were new sky lights. First guy I got to quote it said $25,000 I said GTFO of here dude. He had been doing work on my neighbors house (in their 70s), and had done work on one of their mom's house (in their 90s). I bet that guy took them for a ride. Dude had pictures of Jesus on his truck too lol.
post 1680538513 04-10-2023, 01:37 PM
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  1. Lefticle
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I’ve done most of it myself. If it’s something I don’t want to do, I just hire a contractor friend.

That said, OP’s price list is realistic for a small mansion.
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post 1680538793 04-10-2023, 01:40 PM
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Originally Posted By Retoaded
Yeah people are stupid. I got a new roof done on a house last year for $6,000 and thats only because there were new sky lights. First guy I got to quote it said $25,000 I said GTFO of here dude. He had been doing work on my neighbors house (in their 70s), and had done work on one of their mom's house (in their 90s). I bet that guy took them for a ride. Dude had pictures of Jesus on his truck too lol.
Yeah dudes out here so booked up they are just throwing out insane prices. If he gets 1 out of 3 people to bite on his $25k price he's basically making the same amount of money for 1/3 the work at $8k per job.
post 1680538973 04-10-2023, 01:43 PM
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Those prices are so dumb... what is the scope of work? Replacing an electrical panel does not cost 20k lmaooo. 35k roofing? For what square footage bro.
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post 1680539023 04-10-2023, 01:43 PM
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A traditional MAN would be able to do most of that himself. That's one of the biggest things that make me laugh when guys complain about women not being able to cook anymore. They want a new mom to cook and stuff while they play video games, but they can't do sh*t. They can't fix anything, can't build anything. It works both ways. A traditional woman wants a traditional man.
post 1680539323 04-10-2023, 01:48 PM
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Originally Posted By mattb717
A traditional MAN would be able to do most of that himself. That's one of the biggest things that make me laugh when guys complain about women not being able to cook anymore. They want a new mom to cook and stuff while they play video games, but they can't do sh*t. They can't fix anything, can't build anything. It works both ways. A traditional woman wants a traditional man.
why learn how to do roofing when a dude is going to replace his roof 2x in his lifetime? why learn how to do HVAC when you're going to replace 3 units in your life? How often do you need major plumbing work? How often do you rewire a house? Replace siding? Hell, most of the dudes out here that think they can do it for a living don't even know how to do stuff right.

my parents bought a house in 1977 and between then and 2010ish they put on one new roof and had central air put in...storm windows added, a new back door and we painted sometime in the 90s. That was it aside from small repairs and carpet replaced.
post 1680539353 04-10-2023, 01:49 PM
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Originally Posted By mattb717
A traditional MAN would be able to domostof that himself.
gtfo man... exterior paint job, sure. replace some rotted out siding here and there, sure... but the other stuff is not feasible for a man to do himself, unless you're a professional in that line of work.
post 1680539423 04-10-2023, 01:50 PM
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My guess is all those expenses are dumped on their HELOC.
post 1680539453 04-10-2023, 01:50 PM
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Do them yourself, it’s way cheaper.
no crew crew
post 1680539543 04-10-2023, 01:52 PM
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Originally Posted By JayDigital
gtfo man... exterior paint job, sure. replace some rotted out siding here and there, sure... but the other stuff is not feasible for a man to do himself, unless you're a professional in that line of work.
You can’t replace an electric panel or a deck?

Got some bad news for you.
no crew crew
post 1680539623 04-10-2023, 01:52 PM
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Originally Posted By SaviorSelfJT
This isn’t a rentcel vs homeownercel thread if that’s what you mean

I was just looking at contractor rates for bigger ticket items people face and was shocked at the rates I was seeing
1. costs of materials skyrocketed during covid
2. delays at ports getting things from china and elsewhere
3. scarcity of resources being made in factories
4. insurance companies raised rates due to cost of materials and labor.
5. 1 big expensive cluster fk
6. no one lowers prices when things like covid happen, they leave them elevated for profits.
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post 1680539653 04-10-2023, 01:52 PM
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Originally Posted By JayDigital
gtfo man... exterior paint job, sure. replace some rotted out siding here and there, sure... but the other stuff is not feasible for a man to do himself, unless you're a professional in that line of work.
Or unless you had a dad or something in that line of work and you grew up around trade work.
post 1680539793 04-10-2023, 01:54 PM
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Originally Posted By eddiehaskell
I've had my current house 5 years ago and paid $150k cash (current value maybe $250k). So far I've spent $10k on a new roof (including replacing some rotted wood after tear off) and $700 for a new water heater and install. The HVAC was replaced shortly before I bought it.

It's brick so no siding to replace. I'm painting the inside myself. The hardwoods are worn but I don't care. I will put down a new vinyl kitchen floor when I feel like doing that ($1,000).

The key to keeping expenses low for me is just not caring if the entire house is perfect or modern. People that do care about that could easily spend $50k on updating my house.I'm not looking to impress anyone and usually with those complete remodels the look of the house goes out of style in 10-15 years anyway.
That's the key there. Most of the improvements or repairs I've done on my house have been neutral enough to last decades as far as styling goes. People that feel the need to replace everything as often as HGTV design shows tell them to are fuggin nuts.


That said I did put up a simple 4'x8' treehouse for the kids last summer by myself and probably came close to spending $500 on lumber. Few years ago would've been less than half of that.
#
post 1680540003 04-10-2023, 01:57 PM
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The same way they "afford" most things, credit cards and loans.

OP, careful of contractors "passing on the cost of inflation to the customer" aka justifying what would be a 10% increase with a 50%. Keep calling places.
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