Is it time to replace your furnace? While that question may not be at the top of your mind this holiday season, it matters if you’re buying or selling a home. Even though most major home appliances are a serious investment, the truth is that they don’t last forever. We’ve compiled a comprehensive list of how long most appliances last. If you’re buying or selling a home, take these estimates into consideration as you evaluate a property and determine a fair offer.
The average life expectancy for kitchen appliances can be affected by how often the appliance is used. In addition, keep in mind that older models can sometimes outlast their newer counterparts. “They just don’t make them like they used to” is sometimes correct.
If you’re planning to replace a kitchen appliance, here are a few ideas about what to do with the old one.
Considering how often a bathroom gets used, its components often last a long time.
If properly maintained, many bathroom appliances can last even longer. Keep in mind that while a toilet may last 50 years, some of its internal components will need to be periodically repaired or replaced.
How long a washer and dryer last will largely depend on how often they’re run. If you have a family of 8, your washing machine will probably not last as long since you’re doing more laundry than a family of 3. While there are pros and cons to both front-loading and top-loading washers, they each last about the same amount of time. The same is also true for both electric and gas dryers.
One benefit of replacing an old model with a new one is that newer models are much more energy efficient. You could see substantial savings in your water or energy bills and may qualify for rebates.
Your home’s HVAC system requires regular maintenance in order to keep it in good working condition. Even when they are kept in good working order, they also don’t last forever.
With HVAC systems, newer is often better. Technology is always improving and heating and cooling appliances are becoming more efficient. Having your HVAC system serviced annually will help ensure that it lasts as long as possible. Change air filters and thermostat batteries regularly. Though thermostats can last for many years, new technology has made them incredibly efficient, and it’s often worth replacing them.
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