Kitchen appliances have become a necessity in today’s world. They provide us so much convenience and there are always new editions and models coming out every year. If you’re looking into overhauling or renovating your kitchen, you might be looking to replace your appliances with a host of new models.
But how do you know when exactly when to replace your kitchen appliances without wasting money? Here are some important things that you should consider before replacing all the kitchen appliances in your home.
Repair Cost
As a general rule of thumb, you should only consider replacing an appliance if its repair cost is less than 50 percent than that of buying a new model. Consider the availability of your current appliances parts when deciding whether to replace or repair the appliance.
If the appliance already has a large amount of damage, then spending on parts can be extremely expensive, and you might want to purchase an entirely new one. By considering this rule, you can prevent yourself from throwing your money unnecessarily by buying a new appliance.
Age of the Appliance
How old is too old for a kitchen appliance? Each appliance has its own lifespan. But most manufacturers state that major appliances last anywhere from 10-20 years. According to the National Association of Realtors, you can apply the 50 percent rule to the age of your appliances as well as the cost of repairing them.
There are innovative appliances that have been introduced to the market recently that have a prolonged lifespan. The best instant pot, for example, has an extended life-span with effective functionality and they really don’t deteriorate over time. This kind of appliance can help you save a lot of money if you put it to good use.
Think About Energy-Efficient Appliances
Many people have become more conscious about energy saving appliances recently. Factors like environmental sustainability can significantly cut the amount of energy you use and therefore reduce monthly energy bills.
New energy-efficient and water-saving appliances are out in the market and can be cost effective, meaning they could produce good results without costing a lot of money. On the other hand, if you’re planning on staying in your home for 10 to 15 years or more, upgrading appliances is a good idea for both you and your bank account.
The Right Spacing
A lot of people don’t think about whether they have space in the kitchen for a new appliance. This is an important question to ask yourself before investing a lot of money in a new appliance.
First, measure the appliance and the space that you’d like to fit it in. Many people return refrigerators because they don’t fit in the space that they allotted.
Repair or Replace?
So do you really want to repair or replace? Maybe some of your appliances have been chugging along nicely for the past years but you need to repair them for prolonged usage. But it’s important to measure out that value and see whether it makes more sense to invest in a completely new appliance
But please note that major appliances are highly recommended to be replaced before they die so that they don’t cause dangerous situations. Since old appliances’ functions can quickly deteriorate, safety is the number one concern for every household.
Setting up a game plan before buying appliances can prevent you from spending unnecessarily. It’s up to you whether or not to replace an appliance completely, just remember that the most important factors to be considered are the whether they cause convenience and safety for your household.
