Nester, the first tool to help homebuyers determine the long-range costs of homeownership, unveiled its new homeowner product, helping owners nationwide plan and budget for repairs and maintenance. Nester is designed to ensure homeowners avoid their number one regret: unexpected costs of repairs and maintenance.
Nester homeowner platform users will get: a 15-year timeline of major maintenance; Nester Fund, projected monthly savings needed to cover maintenance; expert tips for maintenance jobs big and small and an inventory of major home systems with product information.
“Home repairs and maintenance are a necessary part of homeownership. Whether you’re replacing a leaky roof, updating your kitchen, or installing a new HVAC system, it’s essential to be able to budget for these projects. Having insight into the timeline of when repairs and maintenance will happen can help you avoid unexpected expenses that can put a financial strain on your household,” said Nester Founder Brendan Kennealey. “Nester helps you anticipate major repairs and maintenance so you’re ready and can plan ahead.”
Nester uses a proprietary algorithm based on data from a variety of sources. A “Home Wizard” walks owners through a step-by-step series of questions about the home, using pictures to help them identify equipment they might not be familiar with and helpful tips in case they get stuck. There are sections for all the major systems in the home including roof, HVAC, and plumbing, and users can also choose to answer questions about other features like decks, driveways, and pools.
