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January 23, 2025 11 mins
Beyond the Mortgage: The Hidden Costs of Owning a Home in Winnipeg 🎙️ Episode Summary

Owning a home isn’t just about the mortgage payment – are you prepared for the real costs? In this episode, Winnipeg real estate expert Bo Kauffman dives into the additional expenses homeowners need to budget for, including property taxes, home insurance, utility bills, and saving for future maintenance and repairs. With clear examples and actionable advice, this episode is packed with insights to help you transition into homeownership smoothly.

🎧 Highlights
  • 📊 How property taxes are calculated for a $350,000 Winnipeg home.
  • 🏠 Why home insurance is mandatory with a mortgage and what it covers.
  • ⚡ Average utility costs in Winnipeg: electricity, gas, and water.
  • 💰 The importance of a maintenance fund: How much to save annually.
  • 🔧 Real-world examples of repair costs: Roof replacement, furnace upgrades, and more.

 

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🚀 Connect with Bo

Looking for expert advice? Reach out to Bo for help buying or selling your home: 📞 Call Bo: 204-333-2202 📧 Email Bo: boknowshomes@gmail.com 🌐 Visit Bo’s Website: Winnipeg Real Estate Podcast

🎙️ Bo Knows Real Estate!

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