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Updated about 14 years ago on . Most recent reply

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Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
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What are the major utilities need to be replaced for a 1992 house?

Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
Posted

For a house built in 1993. It is forced air central heating and cooling powered by gas. The water heater, furnace, and heat pump are original. So it is time to replace everything? What about the roof? What is the typical life span of a ranch house roof in midwest?

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

They don't make stuff like they use to, but many homes have 40 and 50 year old furnaces still working fine.....but saying fine doesn't mean efficiently. Composite roofs usually take a beating with hail and wind and about 20/25 years it may not leak, may not even look bad, but it will be considered on its last leg. Metal about 40/50, same with concrete and slate depending on condition (not cracked or chipped). I don't fix it if it aint broke, especially for a rental. But be ready for it to break. If I'm paying the gas bill, I'd consider a new high efficiency furnance.

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