A single burst pipe can cause $5,000-$50,000 in water damage. Winterizing prevents that. Two scenarios: occupied homes need insulation, heat tape, and smart habits to keep water flowing safely through winter. Vacant homes (vacation properties, snowbird departures) need a full system drain -- shut off the water, drain every line, and protect every trap. This guide covers both. Most of the work is insulation and preparation that takes an afternoon and costs under $50.