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Updated over 7 years ago,

User Stats

66
Posts
36
Votes
Chatree C.
  • Real Estate Investor
  • San Francisco Bay Area, CA
36
Votes |
66
Posts

Replace NEW white appliances with stainless steel?

Chatree C.
  • Real Estate Investor
  • San Francisco Bay Area, CA
Posted

Hi, I'm running numbers for the property I'm considering for rental and one crazy thought I have is that they put in new typical-looking white kitchen appliances - fridge, stove, dishwasher. I'm considering replacing them to stainless steel to potentially attract more renters and get better rent.

The cost would be ~$1000-1500 after selling the existing appliances. Not sure if it's worth it. On the other hand, I could use this money on something else that increases the house value.

The market is in Redwood City - SF Bay Area. It's a 3/2 that should rent around $4200, close to FB, Google, Stanford, downtown. Please let me know your thoughts. Thanks!

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