Homebuyers should be aware of various unexpected expenses when purchasing a house. Closing costs, which include taxes, escrow payments, and various fees, are typically 2% to 5% of the total cost of the home. Regular home upkeep such as cleaning, yard care, and repairs can total at least 1% of your home's value every year. Property taxes vary by city or even neighborhood, and if you believe that your costs are higher than they should be, you can request an appeal. Home appraisal fees, which are almost always required if you are applying for a mortgage loan, range between $448 and $784 for the average single-family home. Flood insurance can also be a significant expense, with the average cost being $708 a year as of 2021. Other hidden costs to consider include hiring professional movers, which can cost between $868 and $2383, and the cost of replacing appliances or making repairs after closing.