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Updated over 10 years ago,
Restored Appliances
Hey all,
I'm finishing up a flip for a 3/2 single family home in the 180-200k price range.
I've gone over budget by about $5,000 and am looking for ways to save money.
I've looked through pictures of the other kitchens provided in the CMA/ on the MLS. About half of the comparable properties have stainless steel kitchen appliances, the rest have black. It's unclear whether the majority of these kitchen appliances are "new".
I came across a place here in town that sells restored/used appliances.
A lot of their inventory is slightly damaged/ dented, but there were some beautiful fridges, dishwashers, ranges that looked brand new. Most of their stainless steel appliances cost about the same/ less than new black appliances from big box retailers.
The choice I'm facing right now is whether to buy brand new black appliances, buy restored stainless steel appliances, or save ~$1000 and buy restored black appliances.
Will home buyers expect brand new kitchen appliances?
Will restored appliances be a potential turnoff?
Thank you very much,
Patrick