Ever wonder how long parts of your house last? Plumbing systems, appliances, fixtures, etc. all have life expectancies. When managing properties, especially in large quantities, it is hard to know what to check, particularly items that tenants won’t put in work orders for (such as flooring or driveways). Or when flipping older properties, knowing life expectancies can guide your renovations. Doris Barrell’s Realizing the American Dream has a fantastic list of the average life expectancy of certain items. We have highlighted some of them for you by years:
5-10 Year Average Life Expectancy:
- Exterior & Interior Paint
- Sump Pump
- Washer/Dryer
- Dishwasher
- Garage Disposal
10-15 Year Average Life Expectancy:
- Forced Air Furnace
- Central Air Conditioning
- Wood Deck
- Asphalt Driveway
- Hot Water Heater
15-20 Year Average Life Expectancy:
- Asphalt Shingle Roof
- Gutters and Downspouts
- Septic System
- Refrigerator
- Oven/Stove
20-25+ Year Average Life Expectancy:
- Wood Laminate
- Chimney
- Ceramic Tiles
- Faucets
- Bathtub/Sink
- Toilet
Keep in mind that these are only average life expectancies, and we always recommend consulting experts. Houzz is a fantastic resource for finding home professionals in your area.
Related: Use Houzz to Find Qualified Home Professionals, Real Estate Investors and Renovations
