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Updated over 10 years ago on . Most recent reply

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105
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Dylan Long
  • Real Estate Investor
  • Forest Grove, OR
37
Votes |
105
Posts

ROI for Electric to Gas Range upgrade?

Dylan Long
  • Real Estate Investor
  • Forest Grove, OR
Posted

Hey all,

Trying to steer my mom in the right direction on this one, but not sure what that is. She's been doing some tasteful upgrades to her 1880's Victorian home. She wants to replace her oven and ditch the microwave for a hood.

Her house has natural gas run to it, and it powers the tankless water heater and furnace, however the oven/range is currently electric only. 

Her house would be priced in the mid-upper range for homes in this city, so I mentioned that she might consider having a gas line run and switching to a gas range/electric oven, as when I was looking for a home I really wanted a gas cooktop. 

She asked if I thought she'd get her return back on the investment of the $600 gas line install and range, and I wasn't sure.

The comps in her area all seem to have electric, so in that sense I might say no. But, could it be a "leg up" should she go to sell, in that she has gas while others do not?

Most Popular Reply

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5,752
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3,860
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Michael Noto
  • Real Estate Agent
  • Southington, CT
3,860
Votes |
5,752
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

I would just keep the stove electric, why go through the hassle?  Sounds like people in the area will not balk at an electric set up because it is the norm.

Think about it, who in their right mind would love every aspect of a house and pass on it because the stove was electric.  Think you might be over thinking this one.

The big thing you have going for you is that the house is heated by natural gas.  In my neck of the woods that's a HUGE selling point.

  • Michael Noto

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