Real Estate Improvements and Annual Cost

Source- Marshall and Swift, 1999 for typical 2,200 square foot two story house.

Component	Cost Installed	Life Expectancy	Cost per year
HEATING AND COOLING
Central Air Conditioning (high Efficiency)	$3,875	13 years	$298
Central Air Conditioning (economy)	3,475	8	434
Electric Furnace (High Efficiency)	1.925	29	96
Electric Furnace (Economy)	1,625	13	125
Gas Furnace (High Efficiency)	1,850	16	116
Gas Furnace (Economy)	1,350	10	135
KITCHEN FLOOR (125 sq.ft.)
Ceramic Tile	1,600	30	53
Pergo laminated wood	975	52	39
Vinyl Sheet	600	15	40
KITCHEN COUNTERS (18 linear feet)
Corian	1,550	25	62
Granite	2,650	40	66
Laminate	850	15	57
MAJOR APPLIANCES
Range with over (good quality)	1,925	15	128
Range with over (standard)	970	10	97
Refrigerator (deluxe)	3,650	15	243
Refrigerator (standard)	1,000	10	100
Washer/dryer (good quality)	1,275	1	106
washer/dryer (standard)	900	2	129
ROOF (1,250 sq.ft.)		7
Asphalt/Fiberglass (good quality)	2,300	20	115
Asphalt/fiberglass shingle (economy)	1,300	12	108
Cedar Shake	3,825	24	159
Clay Tile	8,675	42	207
Slate	9,900	55	180
GUTTERS AND DOWNSPOUTS
Aluminum	485	10	49
Copper	1225	30	41
DRIVEWAY (200 sq.ft.)
Asphalt	385	11	35
Concrete	820	20	45