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Updated almost 9 years ago, 11/29/2015
Buying appliances for my first flip.
Hello bigger pockets
I am currently in the middle of my first flip and I am planing on buying my appliances during the Black Friday deals. I have some options on which direction to go. Since this is my first flip I want to get the bigger pockets community to chime in on what will get me the best return on investment.
The house is in havertown pa. It's a 6 bed 2.5 bath 3300sq ft. Estimated sale price is between 450,000-500,000. They just built a new construction two blocks away 5 bed 3 bath 3200sq ft , asking 725,000. The new construction has a standard gas range (1,400-2000) with a microwave above it (200).
My options
1) standard gas range 2,000
Exhaust hood 700
Draw microwave 800
3,500 total
2) Viking cooktop 2,200
Viking down draft 2,200
Double oven 1,600
Draw microwave 800
6,800 total
3) gas range with double oven 2,700
Exhaust hood 700
Draw microwave 800
4,200 total
4) standard gas range 2,000
Over range microwave 200
2,200 total
5)gas range with double oven 2,700
Over range microwave 200
2,900 total
I know kitchens sell houses. What would your suggestion be? Will I get the return on investment if I go with the higher end appliances?