Use 'repairable' to describe objects, not situations or abstract concepts. My phone's screen is cracked, but it's repairable.
Pro Tip 2/3
Level of Damage
'Repairable' often implies that the damage isn't too severe and can be restored to good condition. After the flood, we were relieved to find our home was still repairable.
Pro Tip 3/3
Not Always Worthwhile
Just because something is repairable doesn't mean it's worth the cost or effort to fix it. The toaster is repairable, but it may be cheaper to buy a new one.