You may not give much thought to your furnace, air conditioner, or water heater…until they stop working. Ever wonder how long larger maintenance items typically last…and how much they cost to replace? Here are some average life spans and costs to replace for large home maintenance items.
|Average Lifespan||Average Cost to Replace|
|Central Air Conditioner||10-15 yrs||$5000-$5500|
|Water Heater||10-15 yrs||$800-$900|
The cost of these items is often hidden until they stop working. It’s important to take an inventory of your properties major systems, noting how old they are and the time frame for replacement. Once you have established an estimated time frame for replacement, you should review your maintenance budget to ensure you will have the funds available when replacement is required.