How long do building components last?
Typical useful life for the big-ticket items in a rental building. Pick one to see what affects it and when yours is likely due.
Roofing
| Component | Typical life |
|---|---|
| Asphalt shingle roof | 20–25 years |
| Flat / membrane roof | 15–25 years |
| Gutters and downspouts | 20–30 years |
HVAC
| Component | Typical life |
|---|---|
| Gas furnace | 15–20 years |
| Central AC / condenser | 12–15 years |
| Heat pump | 12–15 years |
| Boiler | 20–30 years |
Plumbing
| Component | Typical life |
|---|---|
| Tank water heater | 8–12 years |
| Tankless water heater | 15–20 years |
Appliances
| Component | Typical life |
|---|---|
| Refrigerator | 10–15 years |
| Range / oven | 13–15 years |
| Dishwasher | 9–12 years |
| Washer / dryer | 10–13 years |
Flooring
| Component | Typical life |
|---|---|
| Carpet | 5–10 years |
| Luxury vinyl plank | 15–25 years |
Interior
| Component | Typical life |
|---|---|
| Interior paint (turnover) | 3–7 years |
| Kitchen cabinets | 20–30 years |
| Laminate countertops | 15–20 years |
Exterior
| Component | Typical life |
|---|---|
| Windows (vinyl) | 20–30 years |
| Exterior paint | 7–10 years |
| Vinyl siding | 20–40 years |
Site
| Component | Typical life |
|---|---|
| Parking lot seal coat | 3–5 years |
| Parking lot resurface | 15–20 years |
Electrical
| Component | Typical life |
|---|---|
| Electrical panel | 25–40 years |
Safety
| Component | Typical life |
|---|---|
| Fire alarm panel | 15–20 years |