Owning a home comes with unexpected surprises, from replacing appliances to budgeting for renovations. In this episode, Ariel Kormendy and Adrian Trott discuss the real cost of homeownership, including:
- The unpredictable lifespan of appliances
- Budgeting for major repairs like roofs, HVAC systems, and windows
- Making the choice between renovating your current home or buying a new one
- Why basic appliances can sometimes outlast their high-tech counterparts
If you’ve ever wondered how long your dishwasher, fridge, or furnace will last—or whether to invest in upgrades or move to a new home—this is the episode for you!
************************
0:10 – Intro
4:03 – The unpredictable lifespan of home appliances
5:21 – Does the appliance’s age affect the value of a home?
8:49 – High-end ranges resale value
10:54 – Do your research on the specific appliance model
13:03 – How long do you think the life expectancy of each home appliance in your home?
18:23 – Ariel’s dishwasher stories
23:32 – Is it better to renovate or move to a newer house?
27:12 – The hidden costs of renovations (kitchens, floors, and stairs)
31:59 – Common appliance issues in rental properties
35:48 – When renting furniture used to be the trend
36:53 – Owning v.s. Renting in 2025
41:41 – Recap/outro
************************
Want more real estate podcast discussions?
Watch it HERE
Listen to it HERE
Catch clips and highlights of the show HERE
************************
Our Social:
Instagram
YouTube
Facebook
Twitter
Spotify
LinkedIn
Pinterest
TikTok
************************
In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.
Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.
We’d appreciate it if you’d subscribe and follow us for behind-the-scenes footage, real estate tips, industry secrets, exclusive listings, The Real Estate Podcast, and more!