Comments on: How Much Value do new Appliances add?

By: eemusings

eemusings — Mon, 11 Apr 2011 23:18:37 +0000

Agreed – my fiance wants a gas stove, but they’re not very common in houses here (although we are still light years away from buying!) I would view it not as a monetary thing in view of later resale value, but of personal satisfaction. After all, we plan to live in that house most of our lives.

By: Mrs Money

Mrs Money — Sat, 09 Apr 2011 18:18:02 +0000

sue- Thanks for your input! I understand now I think sometimes I think too much about money and not enough about personal satisfaction… I think we’ll probably just go for it!

By: sue

sue — Sat, 09 Apr 2011 16:46:01 +0000

Mrs. M – not reduce the price of the house if you sell with appliances, but if you sell with cheap/crappy appliances.

You probably don’t remember (b/c it’s one of my life’s tidbits, not yours! LOL) but we sold short when we moved cross-country. we left the (new, awesome! – sob!) dishwasher and fairly new (awesome, large! – sob!) refrigerator. it definitely helped the house sell more quickly, and it garnered a higher price than if we’d replaced what we had in there with crap. people consider the *whole* price of buying a house, including replacing junky appliances with nicer ones when they buy. if you bake the nicer appliances in, you can ask more, and attract a higher quality/level of buyers.

should that make the decision for you? i don’t think so. but should you enjoy what you have while you’re there? i do think that’s appropriate. you might think “we’ll do this later…” but none of us are guaranteed tomorrow, much less “later.” if you have the funds and will use it well and bless others with it, i say go for it.

my $.02 on your dilemma…

By: Mrs Money

Mrs Money — Tue, 05 Apr 2011 22:01:14 +0000

MoneyIsTheRoot- You’re right. I think a lot of my problem is that I think strictly money sometimes and I don’t think about the personal value. Thanks for giving me that advice!

By: Mrs Money

Mrs Money — Tue, 05 Apr 2011 22:00:35 +0000

krantcents- Reduce the price if we sell the house with the appliances? I would hate to do that!

By: Mrs Money

Mrs Money — Tue, 05 Apr 2011 21:59:57 +0000

Kacie- I guess I never thought about taking the appliances with us because if we did move, more than likely it would be out of state and I don’t want to deal with that hassle.

I’ll probably end up just going with a basic gas stove if I can get Mr. Money on board.

By: Mrs Money

Mrs Money — Tue, 05 Apr 2011 21:58:56 +0000

Karen- You are exactly right. I haven’t thought about taking the appliances with us. I guess I figured that if we do move from our house it will more than likely be out of state and I didn’t really want to take them with us. I could always try to sell them to someone separately from the house but I don’t know if that would make sense.

I’d love to just go buy a new electric stove. It seems like it would be a lot easier!

By: MoneyIsTheRoot

MoneyIsTheRoot — Tue, 05 Apr 2011 14:52:51 +0000

I dont know that you necessarily recoup cash for the appliances, but many buyers are asking for sellers concessions these days, and by throwing in the appliances you may be able to negotiate away from that sort of thing. Not to mention that Mr Money will actually derive some personal value from this convection oven in the meantime.

By: krantcents

krantcents — Mon, 04 Apr 2011 19:49:29 +0000

New appliances certainly make the house sell faster. Old appliances will reduce the price as well. If you do include the appliances, be prepared to reduce the price. In the end it is a personal choice.

By: Kacie

Kacie — Mon, 04 Apr 2011 15:41:18 +0000

Yeah, what Karen said! Sometimes appliances aren’t included.

I think it might be worth doing the gas upgrade since gas does appeal to some buyers. Plus he would benefit (and you would, too, with the food!

So I say do it as long as it’s in your budget.