Household Appliances: How Much Will it Cost Me?

A main difference of renting vs. owning is that as the owner, you are responsible for upkeep and maintenance of the property. In turn, many new/first time homeowners worry about necessary repairs around the house causing expenses to pile up. It’s a lot easier to simply reach out to a landlord or property management company and tell them the AC doesn’t work or the dishwasher leaked.

Although resolving these types of issues as the owner may seem daunting and expensive, it is what ultimately increases the value of the property over time. That is why a lot of sellers will look into getting new kitchen appliances or making other upgrades before selling in order to get top dollar.

The four main categories of products this article will focus on is HVAC (Heating, Ventilation, and Air Conditioning), kitchen appliances, laundry machines, and water treatment systems. It will list average prices of modern-style products with some installation costs included. These prices will definitely vary depending on the specifics and the supplier. I have seen a lot of clients happy with Menards, Home Depot, and Best Buy – so those would be good places to start looking.

HVAC

HVAC systems are the most expensive, and often go 20+ years without being replaced.

Kitchen Appliances

New kitchen appliances are an easy way to increase the value of a home and generally have a very high ROI.

Laundry Machines

Washers and dryers are largely personal preference and often last 10-15 years.

Water Treatment Systems

Water softeners and heaters often get overlooked but with consistent maintenance can remain efficient for many years.

Specific Products at Menards

I went to Menards and searched around for brands and prices of the appliances mentioned above, and have attached my findings below.

Centerpoint Energy – Home Services Plus Plans

https://www.centerpointenergy.com/en-us/home-service-plus/plans

This is a great service that covers most of the appliances mentioned in this article. It is a monthly membership that allows you to set up service appointments for various household appliances. It is a good first step before making the leap for a brand new system.

There are many variants when it comes to these systems that can change the price drastically. The above prices all represent, in general, the average for standard products that most households will desire and be able to afford. I used my experience from seeing homes, talking to clients, as well as gathering some information from the websites below.

If you have any further questions, please don’t hesitate to reach out.

Cheers to all my readers, and please come back for more next week.

Brady