Fans win in baseball's new labor deal. Free agency brought millions to players. Even adjusted for inflation, Flood's $90,000 salary in 1969 would be less than $479,183 in today's dollars. That's about a fifth of the league average for players today and a small fraction of what players of his caliber get paid currently.
The 1 Percent Rule. One popular rule of thumb says that one percent of the purchase price of your home should be set aside each year for ongoing maintenance. For example, if your home cost $300,000, you should budget $3,000 per year for maintenance. That doesnât mean youâll literally spend $3,000 every year.
The same principle applies to your house. An out-of-shape house is older than its years and could lose 10% of its appraised value, says Mack Strickland, an appraiser and real estate agent in Chester, Va. Thatâs a $15,000 to $20,000 adjustment for the average home. But good maintenance can even add value. A study out of the University of Connecticut and Syracuse University finds that regular maintenance increases the value of a home by about 1% each year.