Knowing the life expectancy of the important items in and on your home is extremely important for all homeowners. Whether you’re new to the homebuying process or if this is your 3rd home you’ve purchased. Whether your home is new or old. No matter how well-kept your home is. Everyone needs this information so they can make smart decisions when it’s time to make repairs. Using this guide will definitely help you keep track and stay on top of things.
Remember, the life expectancy is just a guesstimate. You also have to keep in mind how often and how much these things are being used, what part of the world you live in, and how many people are using these things. The information won’t be the exact same for everyone. For example: a location where you may get more snow and rain may need to replace their roof (depending on the type of roof) sooner than a place that doesn’t.
Write these down in a notebook and put reminder in your phone when it’s time for things to be replaced. You may also want to set money aside for these repairs and replacements so you don’t have to worry about coming up with the money all at once. Don’t forget, if things breakdown sooner than you anticipated it, you can certainly use your emergency fund to cover the cost. However, the lack of planning when you now have all of this information is not an excuse to use your emergency fund in the future.