Do You Really Need to Save Receipts for Home Repairs? Yes—Here’s Why

Let’s be honest: most home repair receipts get crumpled in a drawer or tossed out with the packaging. But those tiny slips of paper could be worth serious money — if you know when and why to keep them.

Here’s why saving receipts for home repairs matters more than you think:

💸 1. Tax Deductions & Capital Gains

If you make major improvements — new windows, roof, HVAC, etc. — these may increase your home’s cost basis, reducing the taxes you’ll owe when you sell.

🏡 2. Boost Resale Value

Buyers love documentation. Showing a potential buyer years of professional upkeep helps you stand out and often leads to better offers.

🧾 3. Insurance Claims

Need to file a claim? Your insurance provider will likely ask for proof of past repairs and upgrades. No receipt = no coverage.

🛠️ 4. Warranties & Work Guarantees

Many service providers offer 1–5 year guarantees — but only if you can show your receipt.

So what should you save?

• Contractor invoices

• Material receipts

• Permits

• DIY supply purchases

• Any proof of payment for upgrades or repairs

With HomeLedger, you don’t need a filing cabinet. Snap a photo, tag the item, and it’s stored in your digital binder — searchable, secure, and backed up.

No more “I think I put that in the kitchen drawer…” moments.
You’ll have a clean record of what was done, when, and how much it cost — which comes in handy whether you’re making an insurance claim or listing your home for sale.