Canadian Capitalist

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Home Ownership Costs

August 7th, 2005 · No Comments

A column (BugMeNot) in today’s The Toronto Star warns against underestimating the costs involved in owning a home. Costs involved in home ownership include (in addition to the mortgage):

  • Property taxes
  • Initial expenses like furniture, lawn tools etc.
  • Home Maintenance and Repairs
  • Higher home insurance
  • Heating
  • Electricity
  • Water and Sewer

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