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 Dreamhas 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
10-15 Year Average Life Expectancy:
Forced Air Furnace
Central Air Conditioning
Hot Water Heater
15-20 Year Average Life Expectancy:
Asphalt Shingle Roof
Gutters and Downspouts
20-25+ Year Average Life Expectancy:
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.
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Disclaimer: The information in this blog has been prepared solely for informational purposes. The contents are based upon or derived from information generally believed to be reliable although Visio Lending accepts no liability with regard to the user's reliance on it. For legal advice, please contact your counsel.