Financially stressed homeowners are delaying essential repairs

A growing number of homeowners are putting off necessary maintenance and repairs, leading to safety concerns, higher costs and long-term financial strain, according to a new report from Bold North Roofing.

The study found that 71% of homeowners have postponed at least one home project in 2025 — and 60% are actively delaying essential maintenance.

Nearly half (45%) said their homes are less safe due to unaddressed repairs, while 39% say they knew their roof needs to be fixed but have yet to address it.

The report, based on national survey data, reveals a widespread “procrastination epidemic” that effects the vast majority of homeowners. More than 90% have outstanding repairs on their to-do list, with the average deferred project costing about $5,650 to complete.

Financial pressures are the leading reason for delays.

Six in 10 homeowners cite financial concerns, while 92% blame inflation and 89% point to economic uncertainty.

Only 41% say they could afford a $500 repair, while just 28% could pay for a $1,000 project out of pocket. This lack of cash flow has led many to adopt a reactive approach — addressing emergencies rather than performing preventative upkeep, the report explained.

The financial consequences are steep. More than 40% of homeowners said they’ve paid for major repairs that could have been avoided with routine maintenance.

Bold North’s data shows that a $200 roof repair can escalate to $15,000 to $50,000 if ignored, while a leaky pipe repair of $150 can cause $7,000 in damage from mold and water infiltration.

Emergency repairs average more than $1,200 compared to roughly $100 for preventative maintenance.

Generational and regional differences also emerged.

Baby boomers are the most consistent when it comes to maintenance, while Gen X and millennial homeowners are struggling to keep up — with about half admitting to falling behind.

First-time homeowners are especially affected. Nearly 70% said they feel overwhelmed by home projects and spend extra time on maintenance without making progress. Residents in the eastern U.S. reported higher rates of deferred maintenance than those in the West.

Despite the growing problem, the report notes some optimism.

Seventy-one percent of homeowners are now prioritizing preventative maintenance and 92% said they wish they knew how to perform more home repairs. And nearly all respondents (96%) believe home maintenance basics should be taught in schools.