LogFAQs > #914263584

Have you ever done a cost analysis on maintenance/fees? I'm curious to know if it's worked out cheaper in monthly costs for you, asset ownership aside.

I've never sat down and worked it out, but there's no question it's still going to be way better.

The only major work we've ever done on our house in six years was a new roof (4K) as we had a couple little leaks due to the age of the roof (the houses were built in the late 70s). And even then, we effectively get that money back as it improves the house valuation - a surveyor will as a few thousand on for a roof under ten years old.

Before we got married we rented a two bedroom flat Glasgow for 600 a month. We own a three bedroom house with a garden twenty minutes outside Glasgow for slightly under 400 a month and it'll be paid off in our late 40s.