As an owner of an investment property, it’s important to know the lifespan of certain things in your home. This helps plan for the future when these large monetary repairs are needed.
HVAC System: Many homeowners decide to replace with a newer system after about 10-15 years, but the average life expectancy of an HVAC system is about 15-20 years. Arizona HVAC can be on the lower end of the lifespan due to the constant use.
Exterior Paint: Stucco surfaces typically last ten years, though wood surfaces typically only last five to seven before it begins to fade/deteriorate. Using neutral tones will help the paint last longer and less noticeable fading.
Water Heater:The typical lifespan of a water heater is about 8-10 years. However, there are factors to consider that can reduce lifespan. Usage; the life span can depend a great deal on the volume of water used. The greater the volume of water, the more work to heat the water and the greater the corrosive effect can be on the unit. The hardness of water is another consideration, as mineral buildup reduces the units' efficiency.
Appliances:Depending on the appliance, the average lifespan is about 7-10 years. Regular maintenance and proper operations will extend the life of your appliances to fit a realistic replacement schedule. If you are wondering just how long you should expect your major household appliance to last, consider the following: