Sum Of Its Parts
If you're a homeowner, or hoping to become one soon,
it's reassuring to know that homes are built to last. Nearly a third of all houses today are more than 45 years old.
Of course, homeowners realize that nothing lasts forever. While the basic house may stand for decades or even centuries, some parts of it will need to be repaired or replaced sooner. How long each component of your home lasts depends on the quality of the item when it was originally installed, and how well you, as the owner, maintain and care for it. Here is a look at the life expectancy of various pieces of a house:
- 100 years or more: There are many parts of a home that can last for at least a century, including the foundation, framing, tile, wiring, insulation, brick walls, fireplace and ceilings. You can also count on slate, pine or oak flooring to go this distance.
- 50 years or more: As you look for a home, you may discover some of these items are original, even if the home is more than a half-century old: tubs and toilets, plumbing, stairs, slate roofing and exterior doors.
- 20 years or more: Owned your current home for more than two decades? It may be time to consider replacing its kitchen and bath cabinets and wood countertops. Some items that you may have already had to replace include: exhaust fans, doors, sheet vinyl flooring, walks and brick patios, stair rails, sinks, siding, gutters and downspouts, windows and drywall.
- 10 years or more: Even in a home that's relatively young, items wear out and must be repaired or replaced. Some of these items might include: roofing, furnace, faucets, water heater, carpet, most appliances, fiberglass tub, laminated countertops, garage door opener, smoke detector, wood decks and fences and asphalt driveway.
Keep this list in mind when you're shopping for a home. If you're considering a century-old home or a newer kid on the block, you'll need to inquire about which items in the home have been replaced or repaired recently. If upkeep and maintenance have been minimal, this list will give you an idea of what you can expect.
If you'd like more information on homes, both new and old, that are currently on the market, give us a call.