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Updated almost 10 years ago on . Most recent reply

User Stats

169
Posts
52
Votes
Eva Salas
  • Real Estate Investor
  • Silicon Valley, CA
52
Votes |
169
Posts

In Unit Washer/Dryers?

Eva Salas
  • Real Estate Investor
  • Silicon Valley, CA
Posted

Hi,

The trend in Silicon Valley, in the pricier buildings, is toward in unit W/Ds. I'm wondering a few things, but mostly has anyone done this and how much more (in %) they were able to get for their units after installing them? 

There is a hassle factor if/when they go on the blink.  Also, there would be one less usable closet for my resident. But aside from that, the real question is: How soon could I potentially make my $$ back? 

Your thoughts appreciated! 

Most Popular Reply

User Stats

39
Posts
17
Votes
Paul Hoeppner
  • Investor
  • Las Vegas, NV
17
Votes |
39
Posts
Paul Hoeppner
  • Investor
  • Las Vegas, NV
Replied

I really feel it's market dependent. However, that being said, I know when I was a renter I didn't even look at units without a washer and dryer.

They add more value than just the financial benefit of the extra $25-$30/month.

  • Paul Hoeppner
  • Loading replies...