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Property Management

Capital Expenditure (CapEx) vs Operating Expense (OpEx)

Capital expenditure (CapEx) refers to major…

Capital expenditure (CapEx) refers to major property improvements that increase long-term value, like a new roof or HVAC system. Operating expenses (OpEx) are routine recurring costs like minor repairs and cleaning.

In practice

A property manager explains that replacing all windows is CapEx, while fixing a broken latch is OpEx.

Why it matters

CRM Services performs both CapEx and OpEx work.

Common questions
What's the difference?+

CapEx is a major investment that adds value. OpEx is the routine cost of maintaining what's already there.

Is a new roof CapEx?+

Yes — it's a long-term improvement that increases property value and has a multi-year useful life.

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