Sometimes, fixing appliances that are malfunctioning is the simplest and most cost-effective solution to household problems. However, many household appliances can be a challenge to repair, even for the most DIY-savvy homeowners. How do you know when it’s better to replace an appliance completely?
There are several things to consider before deciding whether to repair or replace.
The best way to get a repair estimate is to consult a professional for a quote.
According to experts, if the cost of a repair is more than 50% of the cost of a replacement, replace the appliance. However, the lifespan of the appliance should also be considered. If the broken appliance is also more than 50% through its expected lifespan, it may be best to replace. Conversely, it may be more worthwhile to repair much newer home appliances.
Major household appliances have general life expectancies based on manufacturer data. For example, an electric stove is expected to last approximately 15 years before needing replacement. Air conditioners and washing machines are expected to last around 10 years when properly maintained.
These are only a few examples, but knowing the expected lifespan of your appliances is crucial to making the decision between appliance repair and appliance replacement. Luckily, there is plenty of information available both online and from manufacturers directly.
If you’re a DIY enthusiast, it might seem most logical to replace your household appliances on your own. However, there are some downsides to consider before breaking out your tools, including:
In general, the best way to save money is to make sure your household appliances are in excellent condition. With simple, regular maintenance, you can get the maximum amount of time out of an appliance before it will need any major repairs or replacement.
I am experienced creative thinking REALTOR, Dedicated to my clients, both sellers and buyers. Licensed in IL 1974-2014. Florida Broker with Sun Realty USA in Naples/Ft Myers FL since 2004 with $80 Million in Florida sales.
Assisting my customers with honest answers to meet their real estate needs. Specializing in the resort lifestyle communities in Naples, Bonita Springs, Estero, and Ft Myers of SW FLORIDA.
Jay Siegall, your friend, your neighbor, YOUR REALTOR.
Let me help you to make your best deal on the best property to meet your lifestyle and budget.