Re: Do new appliances make a sale - Posted by Brent_IL
Posted by Brent_IL on October 02, 2003 at 13:31:49:
If your project was a total makeover, you want the house to present as new. Then I’d replace the appliances.
If you simply brought the house up to code, used would be O.K.
Mitchell posted a reply on creonline.com in which he detailed a $5,000 rehab. I keep it on the computer desktop and read it every week to remind me of what I should be doing. Since I cut-and-paste everything, I lost the URL Here?s the relevant part:
?If redoing the kitchen, consider NOT buying appliances. Let the new buyer determine their preferences, giving them the impression that they would get if they were purchasing a new construction house. You buy and install the appliances they choose and include these appliances in the price, and at no up-charge to the buyer. This will make a very good impression. You can get prices for a range of appliances, at wholesale, and give those choices to the buyer with your up-charge built in. Then, send the buyer to the store or the distributor, knowing that they are going to pay retail. Example: “If you choose item #1 and #2, it will be included in the price, but if you want items #3 and #4 the price raises $1,000 and items #5 and #6 raise the price $2,000. You can also pick something completely different or use the appliances that you already own and you will get a $1,000 reduction in the purchase price.”