People aren’t the only ones with a definite life expectancy; appliances and electronic systems located in your Round Rock rental home have a fixed lifespan. As a property owner, it’s important to know what the life expectancy is for each of your rental property’s major interior elements and to have a plan in place to replace them when needed. In a perfect world, you should plan big purchases in intervals so as not to strain your finances.
So how long do interior appliances last? According to HUD, the life expectancy for common interior items is highest with appliances, air conditioning units, and hot water heaters. That’s why it’s imperative to choose high-quality items made by reputable companies that aren’t trying to make a quick buck. You should look to replace a good quality kitchen range in about 20 years, whereas a refrigerator or microwave might last more or less ten years. Both air conditioning units and hot water heaters have a life expectancy of approximately ten years, as do faucets and smoke detectors.
Interior items with shorter life expectancies include carpet, tile or vinyl flooring, and interior paint. All of these will last five years before they visibly become time-worn and well-used. Even so, blinds, window shades, and curtains last as fast as three years caused by heavier wear and tear and in addition to being composed of components that break more easily than most.
Recognizing the life expectancy for every expensive item within your Round Rock rental property can be of use to you by giving you an idea of when to replace equipment. Scheduling regular maintenance service and replacing parts in advance will help you budget wisely, thus protecting your investment and ensuring a regular cash flow.
For more information on replacement planning and how the property management services offered by Real Property Management Advisors can help keep your property values high and tenants satisfied, contact us online or by calling us directly at 512-777-2597.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
