Will high end appliances really do much for resale?
MAT
7 years ago
last modified: 7 years ago
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Do I need high end appliances for (10yr from now) resale?
Comments (7)The nearer term is much more important than ten years out. We remodeled our last kitchen thinking we'd never move, and then two years later we stumbled across an incredible property that was just too good to pass up, so we made a contingent offer, which was accepted. We had to put our house up for sale that month. Our new kitchen helped immeasureably to earn us the quick sale we needed. It was mid-range for the neighborhood, but it was beautiful, up to date, and all the cabinets and appliances were in showroom condition. Unless you expect to move in a couple years you probably won't recoup much of the cost of your new kitchen. And, later on down the road, the reverse may actually be true. Top dollar buys you quality with lots of today's top style elements. Because of this, a ten year old top-end kitchen may actually be more datable and out of style than one that's not so top-end. A ten year old top-end kitchen may actually be a negative for someone. They may have an even more urgent "this has got to go" feeling about your beloved kitchen and mentally tack on the cost and hassle of their own top end kitchen remodel to your asking price when comparing it to other homes. If this happens, then not only wasn't the added expense recouped, but there was a hidden cost on top that you couldn't see at the time. Just go with selections that are very appropriate for homes in your price range and neighborhood, while avoiding the most expensive stylish touches, and definitely plan to spend something to update it before putting it on the market if it's been a few years...then the only risk is that you might decide not to sell it after all!...See MoreWhere did you buy your high-end appliances?
Comments (19)eleeny - I've seen complaints about PC Richards online, but here are some of my positive experiences: - I bought a TV, the bottom of the picture was ever-so-slightly distorted. They sent a repair man out who tried all sorts of adjustments but could not fix it. So they sent some guys over to pick it up and left me a loaner. A couple days later they called me to say it was not repairable and gave me the option of a replacement or exchange for another TV. - I bought a DVD player that they didn't have in stock. They were honest up front that it would take several weeks for them to get it so they offered me a loaner in the meantime. - I bought a 3 handset phone system, for some reason I "wasted" my money and bought the extended warranty. When it stopped working a couple years later I brought it in and without question they looked up what I had paid for it and gave me that amount credit towards a new set. - Wife bought me a camcorder for Father's Day. She hadn't shopped around at all. I found an internet price of about $150 less, took a copy to the store, they shrugged their shoulders and refunded the difference. - A month or two ago my parents bought an LG Fridge from them. There were several different creaks and groans and misaligned parts, etc. Within days they came out and fixed them with no issue. Here's the one negative: The icemaker seemed to be working incredibly slow, they didn't seem to know how to correct that so they said they'd just order a new one. To date my parents haven't heard back, but they haven't pushed the issue because now that the tray is full they never have a shortage of ice for their needs. And at this point they aren't really sure if there is in fact an issue anyway. One word of caution on their extended service, should you choose to go against everyone's advice and purchase a policy. When I exchanged my phone they asked if I wanted to buy a new policy with it. I asked why, since I already had a 5 year (or whatever) policy. They said because the exchange "satisfied" the original policy so it was no longer in effect. I'd want to be real clear on their policy with an appliance, which will likely get repaired not replaced....See MoreI am so OVER the high end appliances.....
Comments (107)Sure, you can have great food and clean dishes from a cheap kitchen. Absolutely! My built-in fridge needs replacing after 20+ years because I can’t find parts for it anymore. You know what’s breaking? The gasket. Searched high and low and the gasket is extinct. The new fridges that would fit in the counter depth x 30” spot are all built-in or way too small. I can either redo the entire kitchen or spring for something that fits in the allotted space. I did look at everything. Many built-ins certainly are built for giants. Ridiculously tall. But I opened a SubZero Classic and simply fell in love. Sometimes it just comes down to that. Not in debt, not going into debt, it’s just a personal choice. And I have to wait a year to get it— the backlog is that long. And it better last 20 years! I will fix it so it does. Meanwhile I have duct tape and my daughter’s dorm refrigerator as a backup 😂...See MoreSelling High End Appliances??
Comments (28)Update: Everything sold. I can't even believe it. I posted the whole kitchen and appliances on craigslist yesterday and someone picked up every single piece of it this morning. Amazing, I would never have thought! The number of emails I got for the stove especially was astounding (for anyone in this position in the future, I asked $1350 for the range & $500 for the hood or $1600 for both), but it was so much easier for me just to sell it all as a job lot.... AND he went to the contractor's house with his own truck and guys and picked it all up. I didn't even have to meet him. I am very happy with how this has turned out, so thanks so much for the encouragement, I was feeling so overwhelmed by it, and now it's done! Thanks again folks!...See MoreMAT
7 years agolast modified: 7 years ago
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