The cost of your homes wear and tear
Can be a lot to bear,
But knowing what you'll be facing
Before certain items need replacing
Will keep you alert and aware.
Although the life of your home will last decades, the items in your home won't last as long. The life expectance of some items will last longer than others. It's important to know because this will allow you to better budget for those repairs and replacements all homeowners go through.
If you're like me you like surprises, but not the ones a home can give you especially if those surprises cost you a larger chunk of your weekly or monthly paycheck.
The list below gives the estimated life of items most homeowners spend money on to replace. Note, these are merely estimates based on average statistics.
The number of years you get from these items depend on how well you performed preventive maintenance. Also whether you used the items according to the manufacturer's instructions. How long you allowed repair problems to continue before fixing them also determines how long they'll last.
Heating and Cooling System Air Filters
After your heating and cooling system filter becomes clogged with dirt, dust and other particles it has to work harder. As it works harder, it's burning more energy and doing a worse job of cooling or heating your home.
Home Fire Extinguisher
10 to 12 years.
The contents of fire extinguishers become depressurized after a certain amount of time. This causes a risk of the extinguisher not working properly when needed. Keep away from heat, because heat can reduce its useful life.
Home Smoke Alarms
After 10 years, most smoke alarms become less dependable. So to make sure you protect your family, replace old smoke alarms when they approach the 10-year mark.
Roofs are one of the most expensive parts you'll ever replace on your home. When your roof leaks, it can cause many problems. So, make sure you take care of your roof by keeping tree limbs, leaves and other items off.
20 - 25 years.
Rain gutters help you protect your home in many ways. It protects the roof. Plus they prevent water from running down the sides of your home, which ruins your homes paint, foundation, windowsills and more. Protect your rain gutters by keeping them free of leaves that could cause water to overflow.
Central Air/Heating Unit
Preserve your unit by keeping up with manufacturer's maintenance schedule performed by qualified technician.
Exterior House Paint
3 to 5 years.
30 -40 years.
20 - 30 years.
10 - 15 years.
8 - 10 years.
Galvanized water pipes
40 - 60 years.
Copper water pipes
25 - 30 years.
100's of years.
20 - 30 years.
20 - 30 years.
Life of home.
Now that you have an idea of how long the many of your homes most expensive parts will last you can plan your budget better. This can also help motivate you to take better care of these expensive parts. You'll also find yourself getting the most use from them before they'll need replacing or repairing.
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