Large appliances in your home can be costly to replace. An older appliance that no longer works as efficiently as it should may be easy for you to decide to replace .Unfortunately, there are those instances when appliances tend to break before they should and it may not be an easy decision to replace them. So, how do you know when it’s time to replace an appliance or repair it?
If the budget does not allow room to purchase a new one you may need to have it repaired and hope that it works out. If your appliance is not an energy-efficient model and the budget allows, then consider replacing it with a new one.
However, before you jump into purchasing a new appliance, determine if it is really broken. Start by checking to see if it is still plugged in. Next, make sure that a circuit breaker has not tripped. If neither of those things is the culprit, check to see if your floor may no longer be even and as a result your appliance has prevented itself from turning on. Believe it or not this happens more than one would think. Last, check the appliance vent and filter, if it has one, to see if it is clogged with lint and/or dust.
If by troubleshooting you have still not solved the problem, pull out the owner’s manual and see if there is a chance that it may still be under warranty. In general, most major appliances cover repairs the first year and some offer coverage for up to two years.
There is a typical lifespan you can expect from an appliance with average use. If the non-working appliance is older than the average lifespan, it would be cost effective to replace it rather than repair. Here is a list of the most common major appliances with their average lifespan in years.
Dishwasher – 9 years
Dryer – 13 years
Freezer – 11 years
Range (electric) – 13 years
Range (gas) – 15 years
Refrigerator – 13 years
Washer – 10 years
Microwave – 9 years
To help better determine if you should repair an appliance, it’s helpful to know that the average repair cost is $250. If your appliance is 50% over its expected lifespan and the repair will cost 50% more than what a new one costs then you should replace it.
If you choose to repair an appliance, go with an independent repair shop. According to ConsumerReports.org those who used an independent repair shop were more satisfied with the results and it cost them less.
The Ferzoco Group would love to help you sell or buy a new home along the Jersey Shore this summer. The Ferzoco Group is experienced in working with buyers and sellers from Ocean City to Cape May. If you are looking to sell or buy a home let us know how we can help. Our job is to make your tomorrow better than today. Contact us today via email or give us a call at 609-264-6762.