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Repair or Replace Appliances?
by Broderick Perkins
How do you know when to repair or replace an aging or broken major appliance?
Depends.
Age of the old appliance, the price of a new one, hidden costs and new technology are among
a host of factors you'll need to consider, according to RepairClinic.com an appliance
parts e-commerce site offering do-it-yourself appliance repair information.
"Many people throw away appliances because they don't know a repair person they trust.
They also fear the repair cost will be so high they'll wish they had just replaced the appliance,"
says the clinic.
RepairClinic.com says the cost of labor comprises 75 percent of the cost of repairing
an appliance and many people can troubleshoot and repair appliances themselves
for a significant savings.
If the repair is extensive, it may be time to consider replacing it unless you've had
it for 10 years of solid service. Hard working appliances still doing the job may be
worth a repair investment, says the clinic.
"In general, appliances last between 12 and 14 years. However, many appliances
last for more than 30 years," according to RepairClinic.com.
The clinic suggests considering the following questions to help you decide
to replace or repair your appliance.
If a repair will cost more than half the cost of a new appliance,
and the old unit is more than six or seven years old, consider replacing it.
Otherwise, pay for a second similar repair and you've just shelled out the
cost of a new appliance. Some major appliances don't cost what they did 10 years ago.
Check new prices.
Will you incur special costs, say removal, installation and disposal costs to
replace an old appliance? Fees can add up and tip the scales back to a decision
to keep the old appliance.
How difficult will it be to replace a built in or over sized appliance you can't
move through doors or past railings to get the appliance out of the house.
Consider those costs as well.
Factor in energy savings available from new appliances. New Energy Star rated refrigerators,
freezers, front-load washers and dishwashers can save significant energy and related utility costs.
That's less the case with ranges, ovens, dryers and ice makers, according to RepairClinic.com.
This becomes especially important to a landlord who is paying the utility costs.
Consider new features that could give you greater flexibility and convenience and, as such,
adds to the value of the unit -- provided you actually use those features. A dishwasher with
five automatic cycles isn't as valuable to you if you use only three, the clinic advises.
Passing Paint Clearance Due By June 15th, 2007
Attention all program owners who had previously been granted a paint waiver for a
unit with deteriorated paint. All units which had been granted a waiver are required
to come into compliance with the Housing Quality Standards (HQS) by June 15th.
Owners are responsible for contacting Bob Bennett at Farsight Management at (330) 602-8338
and scheduling a clearance test to be conducted by them. All owners are also responsible for
completing and returning a signed Owner Certification form. Remember that all units that
are out of compliance with HQS for not having a passing clearance will be subject to
Housing Assistance Payment (HAP) abatement as of July 1st, 2007. For more on paint
waivers, see Question of the Month on the flip side.
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