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Updated over 7 years ago on . Most recent reply

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Anna Milligan
  • Columbus, OH
8
Votes |
22
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Worth $5k to move washer/dryer out of kitchen?

Anna Milligan
  • Columbus, OH
Posted

We have a house with a slab on grade and no basement.  It will be a rental for a while and we'll eventually sell it.  The washer-dryer hookup is located currently in the kitchen which is rather small.  We can take it out to the oversized garage but it would require: building an insulated room in the garage, sawing through the slab, installing new drain lines and running plumbing out to the garage, new flooring where the slab was sawn/removed/replaced.  The price tag would be $5k.  Advantages: more space in the kitchen, more appealing kitchen to renters (or buyers when we eventually sell), maybe could justify $50/mo more rent with the perceived larger kitchen.  Disadvantages: cost.

If we want to EVER do this, now is the time while the contractor has other stuff torn apart. 

If it is only a crunching numbers decision, it doesn't make sense to do this as a rental.  We may sell in 10 years though.  Would it make sense if this were a flip? 

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3,286
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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
3,788
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3,286
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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
Replied

Anna Milligan Tenants will rough up your property over the next decade. If you want to move it prior to a final “refresh” pre-listing then do it then. I don’t think you’ll get any kind of ROI over the next 10 years. Just one guy’s perspective 🤷🏻‍♂️

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