My home is a small, simple two bedroom affair--about 1,300 sqft. I live in the Deep South and have never needed to shovel snow. The lot isn't huge, but is larger than many. I actually enjoy many of the menial maintenance tasks like mowing, trimming etc. I've had to make a few repairs in places, patch up drywall etc. I've had to replace most of the sink trim in the kitchen and both bathrooms. I've needed to fix a couple of leaking water lines, a dryer vent, a minor AC compressor issue, to name the few items which come to mind. Nothing has cost more than $100 to repair (most less than $20), and hasn't been especially difficult. I am about a finish a mechanical engineering degree though, so ymmv. Also keep in mind this is a relatively new home. One of the best aspect of owning my home has been the lack of restriction on upgrades/improvements. I've installed track lighting, wood floors (cheap laminate stuff, $1000 total for both bedrooms and improves the look unbelievably), and built in shelving since I bought the place. Stuff like this has been irreplaceable in making this domicile actually feel like my home. I consulted an accountancy firm before I made any moves. I did receive a bill once from the IRS for $8,800 (original credit + interest) because a document I had mailed them didn't list my bank's address. Easily cleared up after I sent them another copy. The only stipulation is that I remain the owner-occupant for three years from the date of purchase. After that, I can sell/rent the place as I see fit.