I recall my house in Cincy had "frostproof valves" that weren't completely frostproof. I had one burst after 15 years or so, there was a dedicated cutoff on the supply line at least. I had a plumber repair it, and he said I should replace the one in the back yard as well so I did. It seemed pricey at the time.
This basically reminds me of all the times I had to repair or replace or call someone to do it when I had a house, roof, various leaks, problems with the drainage pipes, HVAC, patio, hardwood floors, irrigation system, carpet (replaced just before I sold it)........ Add it all up and I probably didn't make any money after the sale at all.
Give me a condo.