donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
GolferAndy said:If it's a new (or new-ish) home.. 3% is perhaps too high. But when you include longer-term re-modeling costs.. 3%/yr. is about right. Also depends some on climate.
This has to be one of those features that are true at one point in time but change later, like "make your age" was the mantra in the 60s. My house has doubled in value over the past several years. Maintenance costs haven't changed much at all around here. For me, if they were 3% a few years ago, they must be at 1.5% now.