Equity is pointless when your $30,000 roof and $20,000 HVAC break at the same time and you’re taking out a 20 year home equity loan to replace them. (And good luck with the $70,000 windows.)
I don’t know about that - I had my roof replaced (by insurance thankfully) about a year ago, and it was ~26k. HVAC out of pocket a couple years ago was about 15k. Not fun!
Not at all, these are (roughly) prices for 2-3 bedroom single-family homes. If curious, check AIs for any reasonably successful region around the country like Raleigh, San Jose, Austin, etc. Prices are about the same. I looked up the cost for a dual system for a larger home (that would have 2x AC, 2x furnace) and that jumped to $30k-40k for HVAC. Water heater install (gas, tank) can run $800-3000 depending on the market.
Asking others for prices for windows, I think the spread was somewhere between $50k-90k, although it’s been a while since I asked peeps. That’s before actually going after specialty windows.
Those costs might reflect new build estimates, not regular repair or replacement, which is the point of your OG post. Furnace repair is like $300-500 if you can’t DIY and replacement is $3-7k depending on fuel and region.
Equity is pointless when your $30,000 roof and $20,000 HVAC break at the same time and you’re taking out a 20 year home equity loan to replace them. (And good luck with the $70,000 windows.)
Yes, If you can’t afford it, it can be a totally unrealistic thing.
2-4x reality, but yeah…
the homeowner could have an industrial HVAC system and a wooden roof
I don’t know about that - I had my roof replaced (by insurance thankfully) about a year ago, and it was ~26k. HVAC out of pocket a couple years ago was about 15k. Not fun!
It depends on how big your house is.
I paid $10k for a 4 ton 15 SEER AC this summer (this depends on location I suppose). I paid $13k for a normal roof replacement last year.
1600 sqft house.
Not at all, these are (roughly) prices for 2-3 bedroom single-family homes. If curious, check AIs for any reasonably successful region around the country like Raleigh, San Jose, Austin, etc. Prices are about the same. I looked up the cost for a dual system for a larger home (that would have 2x AC, 2x furnace) and that jumped to $30k-40k for HVAC. Water heater install (gas, tank) can run $800-3000 depending on the market.
Asking others for prices for windows, I think the spread was somewhere between $50k-90k, although it’s been a while since I asked peeps. That’s before actually going after specialty windows.
Prices have skyrocketed since the pandemic.
Those costs might reflect new build estimates, not regular repair or replacement, which is the point of your OG post. Furnace repair is like $300-500 if you can’t DIY and replacement is $3-7k depending on fuel and region.