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11
Posts
3
Votes
Joey Batliner
  • Real Estate Broker
  • Chicago, IL
3
Votes |
11
Posts

The Ultimate Guide to Understanding and Maintaining Your Properties Essential Systems

Joey Batliner
  • Real Estate Broker
  • Chicago, IL
Posted

Boiler System:

  • How it works: heats water to produce steam for heating and hot water
  • What it does: provides heat and hot water for a household or building
  • What can go wrong: malfunctioning components, leaks, pressure issues
  • Average repair cost 2023: $500 - $3,000

Furnace:

  • How it works: burns fuel to heat air that's distributed through ducts
  • What it does: provides heat for a household or building
  • What can go wrong: malfunctioning components, dirty filters, pilot light issues
  • Average repair cost 2023: $300 - $2,000

Water Heater:

  • How it works: heats water for use in sinks, showers, and appliances
  • What it does: provides hot water for a household or building
  • What can go wrong: malfunctioning components, leaks, sediment buildup
  • Average repair cost 2023: $200 - $1,500

Gas Meter:

  • How it works: measures the amount of gas being used by a household or building
  • What it does: helps accurately bill for gas usage and monitor usage
  • What can go wrong: leaks, malfunctioning components, inaccurate readings
  • Average repair cost 2023: $100 - $500

Electric Meters:

  • How it works: measures the amount of electricity being used by a household or building
  • What it does: helps accurately bill for electricity usage and monitor usage
  • What can go wrong: malfunctioning meters, faulty connections, inaccurate readings
  • Average repair cost 2023: $100 - $500

Plumbing:

  • How it works: distributes clean water and removes wastewater and sewage
  • What it does: provides access to clean water and maintains sanitation
  • What can go wrong: leaks, clogs, low water pressure, faulty fixtures
  • Average repair cost 2023: $200 - $1,000

Roof:

  • How it works: provides protection from weather and elements
  • What it does: keeps a household or building dry and structurally sound
  • What can go wrong: leaks, damage from weather or debris, aging materials
  • Average repair cost 2023: $300 - $3,000