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.
Repair vs. replace: How to estimate
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.
Know what to expect from major 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.
When to consider replacing an appliance
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:
- Large or major appliances can be extremely heavy and difficult to maneuver, and you might risk injuring yourself trying to fix them yourself.
- Tinkering with home appliances can potentially void manufacturer warranties.
- Replacement electrical parts are usually non-refundable, so choosing the wrong replacement parts can be costly.
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.
About the Author
Rossy Figueroa
“Real estate” means so much more to me than simply buying or selling property...I believe it’s all about the people behind those transactions. A house would never be a home without them. That is why my first question to you will always be “what are your goals and how can I help you get there?”
Helping someone to plan and achieve their goals is just as important as listening to what they are. I know first-hand from over a decade of experience just how much it can take to make it happen. With honesty, diligence, and resilience, however, no hurdle is unconquerable. I can guide you through the entire process, always making you feel comfortable, informed, and in control. Like I said before, you are always the first priority.
I chose to partner with Berkshire Hathaway HomeServices Real Time Realty because, just like me, they realize that real estate agents are much more than salespeople. Every person and every goal is just as important as the last - and Berkshire Hathaway has all the tools and resources to get the job done.
It’s been an absolute privilege to meet some of you and help you achieve your goals. I can’t wait to meet the rest. Whether you’re looking to buy, sell, or both, I am confident that I am the last agent you’ll need. A better future awaits...give me a call and let’s get started!
