Cost of repairs and renovations adds thousands of dollars to homeownership

Monthly mortgage payments aren’t the only recurring cost tied to owning a home. Money spent on maintenance, renovations and repairs, particularly for older houses, can easily cost homeowners thousands of dollars.

The median amount Americans spent on home renovations in

Here’s why the cost of home renovations are rising

Homeowners planning major renovations this year could face sticker shock. 

The price of construction and building materials rose 3% in February from a year ago, labor data shows. But some items have  skyrocketed. The cost of construction bricks has jumped