Remax Advisor - Newsletter - Life Expectancy of Home Products

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Real Estate Agent with Chicagoland Brokers Inc. Chicago - Norwood Park 475.114997

The Changing Life Expectancy of Home Products

Maintenance and repair: in many ways they're the phantom elements when trying to figure the cost of owning a particular home. Consumers often focus on easy-to-identify figures, the mortgage payments and property taxes of the world. When it comes to repair costs, potential buyers, current homeowners and sellers alike are usually tempted to come up with a rough "guesstimate". While there is no scientific way to calculate future maintenance costs, some of the mystery can be eliminated by considering the average life expectancy of home components.

 

The reasonable lifespan of any home component depends on the quality of installation, level of care/maintenance, weather or climate conditions and the intensity of use. Of these factors, most experts agree that the regularity and the quality of maintenance plays the biggest factoring the life expectancy for the average home product. That being said, the average natural life of a specific element can be a useful guideline when estimating maintenance and repair costs.

 In the summer of 2006, the National Association of Home Builders conducted a survey of trade associations, researchers and manufacturers to compile information about the durability of common home elements. When compared with the previous such survey by NAHB (taken during the summer of 1993), the life expectancy of some home components has increased in recent years, while the average life of other products has actually gone down.

 

Below is a sample of their findings. Please note that these figures represent general guidelines, and should not be interpreted as a warranty or guarantee of performance for an individual product.

Type Lifespan (in years)
Appliances
Refrigerators (standard size) 13
Ranges (Electric) 13
Ranges (Gas) 15
Water Heaters (Electric) 11
Water Heaters (Gas) 10
Washer 10
Dryers (Electric) 13
Dryers (Gas) 13
Warm Air Furnaces (Electric) 15
Warm Air Furnaces (Gas) 18
Warm Air Furnaces (Oil) 20
Cabinets
Bath Cabinets Lifetime
Kitchen Cabinets 50
Closet Shelves Lifetime
Countertops
Cultured Marble 20
Natural StoneLifetime
Tile Lifetime
Wood Lifetime
Flooring
All Wooden Floors Lifetime
Carpet 8-10
Laminate 15-25
Linoleum 25
Marble 100+
Slate 100
Tile 75-100
Paint
Exterior 15
Interior 15
Exterior Doors
Fiberglass Lifetime
Steel, Fire Rated Lifetime
Vinyl 20
Wood Lifetime
Screen 40

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Rainer
118,460
Erin Stumpf (Attardi)
Coldwell Banker - Sacramento, CA
916-342-1372 / DRE# 01706589 Sacramento, CA
Good post - thanks for sharing!  Do you have a link to where we can find the rest of their findings?
Nov 11, 2007 05:13 AM #1
Rainmaker
392,213
Joe Cline
Affinity Properties, Inc - Austin, TX
Great list. Any homeowner can extend the life of their appliances with small bits of maintenance work such as draining a hot water tank every year. I just got 15 years out of my last water heater. 
Dec 25, 2007 02:01 PM #2
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Rainmaker
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Michael Sorensen | Chicagoland Brokers Inc.

Top Producer. 350 Deals Closed. Tel 773.987.8224
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