Upgrading Kitchen, resale value advice

[sully01]

Hi all,

I figure a lot of you are handy folks and have spent time working on your home or properties. My question really is about the investment value some of you have had in changing appliances in your home. I am looking to eventually change all major appliances, of course starting slow and steady but for those of you who have made major changes in important resale areas of your home: updating a dishwasher, putting in a new fridge, etc., for the purpose of raising the minimal value of your property have you found it very much beneficial to go for brand new top of the line appliances?

I am a little hazy on where the tiers are set up for that. Is it a better value to go top of the line or will i see the same return generally going with a model that is say 5 years old? I know the kids buying houses these days are really fickle about this any advice would be great.

http://www.conns.com/appliances/ranges

 

[yogitunes]

well a kitchen usually does sell a house quicker....

I would say look at the whole package, cabinets, walls and flooring tie it all together.....

everyone wants stainless these days, yeah, until they have to clean it....

and it all depends on what home owners are wanting in a new home....

sometimes you can look at a home, and it has new appliances, but not to your liking, you have to factor in to upgrading.....

how does it compare to other homes in your area....

most realtors will advise on what is best for your situation....

too many variables to list on something like this....

 

[mattl]

I'd advise you to get the appliances YOU want, and take most of them with you when you move.  Odds are you likes and taste will differ from future owners.  You can certainly offer the appliances at an added cost if they want them.  Buy a decent dishwasher in stainless if that is what you are using and plan to leave that.

 

I'm flipping a moderate priced house and bought a very good used Bosch stainless dishwasher, other than a range hood nothing else will be included.

 

[dartman]

Our house came with new bol SS appliances, but house was dirt cheap and everything looks and works better then the old appliances I had at my rental I kept repairing. It also had reasonably nice cabinets which was a selling point as at least the kitchen was nice and ready to go for the great price I got. I was fully prepared to have to buy a good used stove and maybe a dishwasher but this place had em brand new. I already had a big Amana fridge and washer and dryer so we were all set. Builders and flippers get the stuff so cheap any supposedly move in ready place has them.
Most of the crap I looked at I could afford needed lots of work and were missing all the appliances and even kitchen cabinets and plumbing.

 

[sully01]

Hmm...So it seems that many of you have actually gone for not getting brand new pieces. Perhaps I should look into buying second hand appliances that were bought new from the seller. hehehe I think you're right.Everyone wants them until it's time to clean them.

I appreciate the feedback everyone