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LIFE SPAN: What
every Homebuyer should know.
HOW LONG WILL IT LAST?
You
wont be able to set your watch by this schedule. But it will tell you
how long materials, systems, and appliances will last and how much it
will cost to replace them.
MAJOR MECHANICAL SYSTEMS
| EQUIPMENT |
LIFE SPAN
(years) |
REPLACEMENT
COST |
| Air-conditioning
compressor |
15+ |
$1500
- $2500 |
| Electric
Water Heater
|
14
|
$
450 - $ 700
|
| Gas
Water Heater
|
11 13
|
$
650 -
$1200 |
| Hot-Water
Boiler |
20 30 |
$3000 - $4000
|
| Warm-Air
Furnace, heat pump
|
15
|
$1500 - $2500
|
| Water
Pump
|
7 10
|
$
600 - $1200
|
| Water
Softener
|
20
|
$1000 - $1500
|
Sources:
NAHB 1998 Housing Facts, Figures and Trends; heating and cooling
contractors
APPLIANCES
| APPLIANCE |
LIFE SPAN
(years) |
REPLACEMENT
COST |
| Air
Conditioner (room size)
|
10 |
$ 240 - $
700
|
| Dishwasher
|
10
|
$ 250 - $
570
|
| Dryer
|
14
|
$ 240 - $
650
|
| Electric
Range
|
17
|
$ 300 - $1350
|
| Garbage
Disposer
|
10
|
$ 40 - $
200
|
| Gas
Range
|
19
|
$ 280 - $1050
|
| Microwave
|
11
|
$ 300 - $ 680
|
| Refrigerator
|
14 17
|
$ 350 - $2000
|
| Washer
|
13
|
$ 260 - $ 700
|
Sources:
NAHB 1998 Housing Facts, Figures and Trends; Whirlpool and General
Electric appliance divisions
OTHER HOUSEHOLD BASICS
| MATERIAL |
LIFE SPAN
(years) |
REPLACEMENT
COST |
| Aluminum
Siding
|
20 50
|
$2.50 per sq. foot
|
| Carpeting
|
11
|
$1.60 - $6.50 per sq. foot
|
| Exterior
Deck
|
15
|
$8.50 - $24.00 per sq. foot
|
| Exterior
Paint
|
7 10
|
.20 - .70 cents per sq. foot
|
| Garage
Door
|
20 50
|
$425 - $1270
|
| Garage
Door Opener
|
10
|
$275 - $ 375
|
| Veneer
(Brick, Stone)
|
100+
|
$9 - $13 per sq. foot
|
| Vinyl
Floor
|
20 30
|
$1.25 - $5+ per sq. foot
|
| Vinyl
Siding
|
50
|
$1.55 - $3 per sq. foot
|
| Wood
Floor
|
100+
|
$3.50 - $10 per sq. foot
|
| Wood
Siding
|
10 100
|
$1.50 - $4.80 per sq. foot
|
Sources:
R.S. Means, Residential Cost Data 2000; NAHB 1998 Housing Facts
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