It turns out that I'm better off buying a new dishwasher since my existing one is near the end of its useful life anyway. How do I know this? The National Association of Home Builders (NAHB) tracks this sort of information.
A couple of years ago the NAHB, along with Bank of America, put out some research entitled the Study of Life Expectancy of Home Components. According to the results, the average lifespan for a modern dishwasher is just nine years. Although my Maytag was working well up until "the accident", I purchased it back in 2001 and it appears to be bumping up against its expiration date.
Wondering what the life expectancy is for other kitchen appliances around your home? Here's a breakdown for some of the items listed in the NAHB's study:
- Cabinets: 50 years
- Compactor: 6 years
- Countertop (natural stone): Lifetime
- Countertop (marble): 20 years
- Dishwasher: 9 years
- Disposer, Food Waste: 12 years
- Faucet: 15 years
- Microwave Oven: 9 years
- Range, Electric: 13 years
- Range, Gas: 15 years
- Refrigerator: 13 years
- Sink (enamel steel): 5-10 years
Do you wait to buy new appliances until they break? Or do you try to anticipate problems before they happen?
Stacey Bradford is the author of The Wall Street Journal Financial Guidebook for New Parents.
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