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Updated over 9 years ago, 07/09/2015
Value Difference in New Kitchen VS. Air Conditioning
Hello All,
My duplex rental property is located in Buffalo, NY. The summers get muggy warm but very rarely does it reach temperatures of 90 or higher. I have been debating on what a tenant would value more between a new nice kitchen or central air conditioning.
The current kitchen is not bad and is perfectly functional but it could be much more appealing with a light to medium renovation/upgrade.
Price points between the two differ by about $2,000-$3,000 but I am trying to determine and prioritize for what a tenant would find more appealing and valuable which in return would allow me to hike rent up a higher percentage.
Thanks for all your help!!
Go Bills! :)