There are few things in your home that you'll use as consistently as your major appliances. Refrigerator, dishwasher, stove, microwave, laundry machine – chances are you'll be using at least one of them on any given day. If you're stuck with appliances that are starting to break down, they could be costing you more money that it would take to replace them. Old and degrading appliances can rack up repair bills, power bills, and more than a little annoyance, depending on the nature of the problem. Maybe your fridge doesn't stay as cold as it used to, causing food to spoil faster than it should. Maybe your dishwasher or washing machine is starting to leak a little bit, which could be setting you up to have to repair some water damage in the future if the problem is left to worsen.
The benefits of upgrading, and why you can still upgrade on a budget.
Instead of allowing old appliances to get to the point where they start causing real difficulties, consider doing some upgrading. Many people feel shoehorned into keeping their old appliances because the cost of new ones can be steep, but there are always great deals to be found if you're willing to look and there's no reason you have to replace them all at once. A brand new washing machine, for example, can cost anywhere in the range of a couple hundred dollars all the way up into the thousands. If your budget is really tight, any expense of that magnitude might seem like it's just too much to afford, but the benefits of such an upgrade will be immediately apparent.
First you'll notice how much nicer it is to have a machine that gets your clothes cleaner in a shorter amount of time. Chances are, if you've upgraded from a washing machine that you've had for a decade, it'll be quieter too. This kind of satisfaction might seem insignificant, but who doesn't like cleaner clothes, less time spent doing laundry, and more peace and quiet at home? You might not be jumping for joy over a new appliance but occasionally, when you're putting a load of laundry in, you might find yourself remembering the obnoxious banging sound the old one used to make and looking forward to sitting in silence with a good book while your was hing machine does it's thing.
A month or two later, you might notice that a few dollars have been shaved off your water and power bills. A few dollars a month starts to add up over time, up to around $35 per year. This may seem insignificant, but it means that a $200 machine can pay itself off in as little as 6 years, and that's just one appliance. If you take those savings and put them to ward a new dishwasher, and then a new stove, not only are you enjoying the ergonomic benefits of using new appliances, but the savings start to rack up as well.It starts at $35/year, then it becomes $70, then $100. If you're replacing a full stock of appliances made in the '90s, by the time they've all been updated you could be saving enough to buy a new appliance every year, although at that point you're be better off setting that moneyaside for a rainy day.
Upgrading appliances can help you sell your house
Selling a house can be made much easier by doing a bit of work to it. The best place to spend money on renovations is the kitchen. It's used by everybody in the house, and there's lots of amenities to put money into to make the place look nicer. Redoing floors, cupboards, and/or countertops can help your home sell faster and for more money, and a great way to accent those renovations is by upgrading some of the appliances as well. Some nice laminate flooring or a faux (or real) granite countertop goes really well with a set of brushed stainless steel appliances. Buyers love stainless steel, and who can blame them, it looks fantastic. If a buyer walks into your kitchen, and they think 'hey, this looks nice enough to be my kitchen', there's a pretty good chance the y'll be willing to pay more for your home. That can mean making back as much or more than the cost of the appliances, or at the very least, saving yourself weeks or even months of time you could otherwise spend waiting for your house to sell.