August 13, 2013 7:40 pm
Sure, we all know the lifespan of any mechanical device depends on dozens, maybe even hundreds or thousands of factors over time from the original parts assembled in the factory, to the frequency of use (or abuse), we as owners exact on our mechanical servants.
But this time, it seems we have an answer to that vexing question thanks to a highly touted study called: ‘The National Association of Home Builders (NAHB)/Bank of America Home Equity Study of the Life Expectancies of Home Components.’
Gopal Ahluwalia, staff vice president for Research and Surveys in NAHB’s Economics Group says, “…We learned that many home components are expected to last for the life of the house. Among them are toilets, wood floors, all types of insulation, and fiberglass, steel and wood exterior doors.
“On the other hand, some components have a much shorter life expectancy,” he adds. “Wood decks should last about 20 years, depending on climate, and kitchen faucets should last about 15 years. Linoleum floors have a life expectancy of about 25 years, and furnaces can be expected to last 15 to 20 years.”
Usage, weather and a number of other factors can influence life expectancy.
Moreover, homeowners often replace items long before the end of their expected life span due to personal preferences and changing trends.
“For example,” Ahluwalia says, “the practical life expectancy of kitchen cabinets is about 50 years. However, many people buying a 15- or 20-year-old house would make installing new, updated kitchen cabinets a priority. Likewise, some homeowners paint their homes every year or two, even though interior paint has a practical life expectancy of about 15 years.”
By the way, in consulting the report, I learned my washer in particular was expected to last about 10 years. That means with the extra wear and tear of handling greater than average load size and frequency during its 7-year life, I’m probably better off replacing it for around $600, than paying more than $200 for just a replacement motor.
Published with permission from RISMedia.