If you're selling your home now or plan to in the future, outdated appliances can make prospective buyers turn away from your home to look at another house with newer ones. Buyers can replace your appliances when purchasing a home, but they usually don't want to go to the trouble or expense to do so. And even if you're planning to stay in your home awhile, outdated appliances can make your home less attractive and functional than it could be.
Here's what you need to know about appliance upgrades that can boost the value of your home:
- Think of What Fits Your Home
Consult one of our real estate agents to find out what type of appliances are popular in your home's price range. While you want to make your home more valuable, you don't want to price yourself out of the neighborhood.
- Look for Energy Star Appliances
Appliances with the Energy Star sticker or tag meet strict energy-efficiency requirements set by the Environmental Protection Agency (EPA). They'll help you save money on your energy bill, and when you're selling your home, they'll appeal to prospective buyers. Leave the Energy Star sticker on your appliances, so buyers know they'll save as well.
What to Replace
Kitchens can make or break a sale, so if you have money to spend, this is an excellent place to start. An upgraded refrigerator that has French doors, as well as built-in filtered water and ice dispensers, will appeal to the majority of buyers. The same is true of a stainless steel finish, which remains extremely popular. If you're thinking of going for a high-tech option like a TV-embedded fridge, it may not be a wise move unless you have a luxury home.
- Laundry sets
An appliance upgrade is definitely in order if your washer and dryer don't match. Not only does this make the set less attractive, but it also makes a buyer immediately realize that one appliance is older than the other. This makes them likely to wonder just how old it is and how long it will keep running efficiently. Aside from a nice, matching appearance, buyers want high-efficiency front-load and top-load units. And if you have a large home that might appeal to families, a large capacity washer and dryer is a good investment.
A stove that's built-in will be more popular than a standalone one. And buyers also appreciate flat tops and stoves with self-cleaning functions since they're easy to keep clean. And if you have some gas utilities, gas stoves generally appeal to serious cooks.
- Appliance sets
Retailers often discount sets of appliances, so they can help you save money while ensuring that you have matching sets. For example, a kitchen appliance set may include items such as a stove, refrigerator, built-in microwave, and dishwasher. While there's usually no need to select the most expensive options with every imaginable bell and whistle, the cheapest set is usually not the best choice either. Instead, choose a mid-range set that will appeal to a larger number of buyers.
Contact us if you'd like to visit St. Louis homes for sale or, if you're selling your home, to receive expert advice on what kinds of upgrades can help boost its value.