How Long do Home Systems and Appliances Last?
The lifespan of a major appliance or home system will vary greatly from brand to brand, determined as much by the quality of the items parts and design as on the care and maintenance it has received over the years.
Knowing the age of your home’s systems and appliances, along with the expected lifespan is key in understanding financial risks. One thing is certain – whether it happens sooner or later than it should – appliances and home systems will eventually break down. And after the warranty of the item expires, you will be responsible for getting it repaired or replaced.
Typical lifespans and cost of home appliance and systems
Here are the standard life spans of various home appliances and systems and the cost to replace each:
|Appliances & Systems||Lifespan*||Replacement Cost|
|HVAC||12-15 years||$3,700- $7,200|
|Electric Furnace||15-25 years||$900-$5,500|
|Gas Furnace||15-25 years||$2,500-$3,800|
|Oven/Range||14 - 16 years||$350- $3,000|
|Water heater - tank||12 years||$900|
|Water heater - tankless||20 years||$3,000|
Central Heating and Air Conditioning
12-15 years is the average lifespan of central heating and air conditioner (HVAC) system. With proper maintenance and regular replacement of air filters, they may function longer than this.
With regular cleaning of the coils and proper care, a refrigerator will last an average of 13 years
An oven will last an average of 14-16 years but like most heavy appliances, you can stretch its lifespan with proper care.
Tankless Water Heaters
The lifespan for a standard tankless water heater is about 20 years while gas or electric tanks average 12 years. Regular draining and proper care will help you get the most out of either type of system.
How to find out the age of a home’s systems or appliances?
- Find the serial number.
- Visit appliance411.com to find the date of manufacture.
- If the home is less than 10-12 years old, typically the appliances and systems are as old as the house.
- Homebuyers should always ask the seller or the home inspector about the age of the appliance and systems they are buying with a house. The property disclosure statement may also contain this information.
A home warranty plan offered by FPL Home will help protect you from the sudden high costs and discomforts that almost always come with an appliance or system breakdown due to normal wear and tear – not to mention the headaches of finding a qualified, reliable technician. Give us a call at 844-965-1133. We’ll be happy to explain any details or answer any questions you may have.
* Average life data from National Association of Home Builders / Bank of America Home Equity, ”Study of Life Expectancy of Home Components”.
** Appliances Warranty Plus and Home Warranty Plus are brand names of the service plans and are not warranties.