Replace your microwave on a budget: uncover the surprising costs of built-in upgrades
What To Know
- With costs varying widely depending on factors like the type of microwave, the complexity of the installation, and the location of your home, it’s important to do your research before you make a decision.
- If you own your home, you may be able to take out a home equity loan to finance the purchase of a new microwave.
- Replacing a built-in microwave can be a significant expense, but it’s important to do your research before you make a decision.
Replacing a built-in microwave can be a necessary expense, but it can also be a daunting one. With costs varying widely depending on factors like the type of microwave, the complexity of the installation, and the location of your home, it’s important to do your research before you make a decision.
Factors Influencing Replacement Costs
1. Type of Microwave
The type of microwave you choose will have a significant impact on the cost of replacement. Over-the-range microwaves, which are installed above the stovetop, are typically more expensive than countertop models. Built-in microwaves, which are installed within a cabinet, are the most expensive option.
2. Installation Complexity
The complexity of the installation will also affect the cost. If your new microwave requires extensive electrical or plumbing work, you can expect to pay more for the installation.
3. Location of Your Home
The location of your home can also impact the cost of replacement. If you live in a remote area, you may have to pay more for shipping and installation.
Average Replacement Costs
According to HomeAdvisor, the average cost to replace a built-in microwave is between $350 and $1,000. However, these costs can vary significantly depending on the factors mentioned above.
Over-the-Range Microwaves
Over-the-range microwaves typically cost between $350 and $700. Installation costs can add an additional $100 to $200.
Countertop Microwaves
Countertop microwaves are the most affordable option, with costs ranging from $100 to $300. Installation is typically not required.
Built-In Microwaves
Built-in microwaves are the most expensive option, with costs ranging from $500 to $1,500. Installation costs can add an additional $200 to $400.
DIY vs. Professional Installation
If you’re handy and have some experience with electrical work, you may be able to save money by installing the microwave yourself. However, it’s important to note that improper installation can void the warranty on your microwave. If you’re not comfortable installing the microwave yourself, it’s best to hire a professional.
Additional Costs to Consider
In addition to the cost of the microwave and installation, there are a few other costs to consider:
1. Permits
In some cases, you may need to obtain a permit before you can replace your microwave. The cost of a permit varies depending on your location.
2. Inspection
Once the microwave is installed, you may need to have it inspected by a qualified electrician. The cost of an inspection typically ranges from $50 to $100.
3. Warranty
Most microwaves come with a warranty. The length and coverage of the warranty will vary depending on the manufacturer.
Financing Options
If you don’t have the cash to pay for a new microwave upfront, there are a few financing options available to you.
1. Credit Card
You can use a credit card to purchase a new microwave. However, be sure to compare interest rates before you apply for a card.
2. Personal Loan
You can also apply for a personal loan to finance the purchase of a new microwave. Personal loans typically have lower interest rates than credit cards, but they may have longer repayment terms.
3. Home Equity Loan
If you own your home, you may be able to take out a home equity loan to finance the purchase of a new microwave. Home equity loans typically have lower interest rates than credit cards or personal loans, but they also come with some risks.
Takeaways: Making an Informed Decision
Replacing a built-in microwave can be a significant expense, but it’s important to do your research before you make a decision. By considering the factors mentioned above, you can make an informed decision that meets your needs and budget.
Questions You May Have
1. How long does it take to replace a built-in microwave?
The time it takes to replace a built-in microwave will vary depending on the complexity of the installation. However, most installations can be completed in a few hours.
2. Can I install a built-in microwave myself?
If you’re handy and have some experience with electrical work, you may be able to install a built-in microwave yourself. However, it’s important to note that improper installation can void the warranty on your microwave. If you’re not comfortable installing the microwave yourself, it’s best to hire a professional.
3. What is the average lifespan of a built-in microwave?
The average lifespan of a built-in microwave is between 10 and 15 years. However, this can vary depending on the brand, model, and how well the microwave is maintained.
