|The following "Repair Prices & Life
Expectancies" list is intended to give "ball park" prices and life
expectancies for some of the more typically asked for (or needed) upgrades or repairs I
have found that people want, or need to perform. The figures are intended to be
representative for a typical two-story wood frame house, located in SE Minnesota.
The "design life" category provides a good average of the
typical design life one can realistically expect from a particular item. If you know
the general ages of some of the appliances or components in the home, subtracting their
age from the design life will yield the approximate remaining useful life you should
design life - estimated age = remaining useful life
Remember, there are many factors that can influence the
cost of building, remodeling, miscellaneous repairs - and the life expectancy
therein (i.e. quality of materials used, weather, market conditions, etc.). As a
matter of fact, due to the current local market demand, many lumber yards will not
guarantee their prices for more than 1-2 weeks. I always recommend that you verify
all prices by obtaining bids from qualified, reputable contractors.