Evaluating Appliances for Rentals
Keep Your Tenant Happy with Well Maintained Appliances
| Appliance | Lifespan |
|---|---|
| Refrigerator | 14 |
| Dishwasher | 12 |
| Range (Gas) | 19 |
| Garbage Disposal | 13 |
Note: You can find additional appliances and their average lifespan at Mr. Appliance where they cite the 23rd annual portrait of the appliance industry report.
To help you in evaluating the age of your appliances consider using an online resource such as
Appliance411. With the following pieces of information you can quickly see if you might be at the end of the time with a given appliance.
- Brand
- Appliance Type
- Location
- Model No
- Serial No
Repair or Replace an Appliance for Your Rental Property?
There is an old adage “if it ain’t broke, don’t fix it” but in the world of property ownership this can cause you greater challenges. Older appliances could cause damage to property, sour a relationship with a great tenant, and even cost you a greater yield on your monthly rental (after all who is looking for an olive green refrigerator these days).
In our experience we have found that an appliance is worth repairing when it falls into two main conditions:
- Appliance is newer (i.e. <3 years old)
- A major component does not cost more than 50% of replacing it
If your appliances are getting well above the average age for an effective lifespan consider replacing all of them at the same time. There are often specials you can capitalize on for purchasing them all from the same manufacturer and when you have time to look for a deal vs. having to buy it immediately you can often land a better value.
At Beach Cities Property Management we want your property to be well maintained from the appliances to major systems. When you would like to find out more about how we help evaluate the appliances to ensure they are in top shape for each tenant we invite you to request our
Free Rental Analysis to see how we can help.
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