Granite vs current tiles - tenant preference / ROI

[Ravindra Gandhe]

Hi All,

I wanted to know what is good strategy in this case. I have a condo in Orange County that has tiles on kitchen countertop. It will go well for few more years like 10 yrs.

I am getting the cabinets painted. Do you think we change to granite as well?

Pros:

1. I guess I could get 200 more if counter tops are granite and appliances are stainless steel. Am I right?

2. It will go early because majority of condos I see have this. So I could get 2 weeks rent extra.

3. Better tenant.

4. Once done will be good for 20 yrs so I will get returns in long run.

Cons:

1. I need to spend 6-8k for granite plus appliances.

2. Currently it is busy for contractors. So it would be hard to get folks working plus more expensive.

I welcome your thoughts. Thank you in advance.