High end kitchen appliances worth it?

[Anonymous]

Dh and I are looking to renovate the kitchen and would like wolf and subzero appliances. This comes out to ~$29k. The price is fine if we stay in this house forever, but there's a chance we will move in five years or so (either that or addition). My question is whether we will reasonably recoup the cost of the appliances. If they don't add value to the house we'll probably reconsider the subzero.

[Anonymous]

They will add value the the sale price of the house, but it won't add up to nearly what you paid for them. Get them if you like them and can afford them, but don't think you'll get your money back at closing.

[Anonymous]

I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

[Anonymous]

Anonymous wrote:I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

This. High end appliances are expected in homes over 1 mil. Price points less than that buyers might feel like they are paying a premium for them and won't be worth the investment.

[Anonymous]

Don't get SubZ. It is crap. I would assume any home with one was heavy on the aesthetics and low on the quality.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

This. High end appliances are expected in homes over 1 mil. Price points less than that buyers might feel like they are paying a premium for them and won't be worth the investment.

Not true

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

This. High end appliances are expected in homes over 1 mil. Price points less than that buyers might feel like they are paying a premium for them and won't be worth the investment.

Not true

They are expected in McMansion neighborhoods like McLean. But not in $1m places in the city or Inside the beltway. We sold our DC home in one day $100k over asking at $1.5m. IKEA kitchen and Bosch and frigidaire appliances.

Whatever you do, don't buy high end appliances for your own use and functionality, because it's a well documented fact that most of the high end brands have terrible reliability issues (thinking subzero and Viking) or aren't particularly liked by their users (like my mom hates the wolf 48" gas range).

[Anonymous]

Just get KitchenAid built-in , 48" range, 48"fridge etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

This. High end appliances are expected in homes over 1 mil. Price points less than that buyers might feel like they are paying a premium for them and won't be worth the investment.

We paid 800k to teardown , it depends on the area

[Anonymous]

Anonymous wrote:Dh and I are looking to renovate the kitchen and would like wolf and subzero appliances. This comes out to ~$29k. The price is fine if we stay in this house forever, but there's a chance we will move in five years or so (either that or addition). My question is whether we will reasonably recoup the cost of the appliances. If they don't add value to the house we'll probably reconsider the subzero.

The correct answer is NO. It can still be worth it however, you will get enjoyment out of them + you can recoup SOME of the costs but it won’t be much especially after 5 years.

[Anonymous]

I think this depends not only on house price but your neighborhood. What is expected in that area for people looking to buy (will your buyers value it)? I've had the same friends who have moved around DC do it in some neighborhoods and not others for that reason. good luck!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

This. High end appliances are expected in homes over 1 mil. Price points less than that buyers might feel like they are paying a premium for them and won't be worth the investment.

Not true

They are expected in McMansion neighborhoods like McLean. But not in $1m places in the city or Inside the beltway. We sold our DC home in one day $100k over asking at $1.5m. IKEA kitchen and Bosch and frigidaire appliances.

Whatever you do, don't buy high end appliances for your own use and functionality, because it's a well documented fact that most of the high end brands have terrible reliability issues (thinking subzero and Viking) or aren't particularly liked by their users (like my mom hates the wolf 48" gas range).

No they are not. $1 m is nothing in McLean. I sold my $1.5m house in McLean and it had Kitchenaid built in fridge and big range, which was nicer than a lot of the other houses around the same value.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it depends on the value of the house. If it would sell for more than around $1 million, and has been renovated recently, high end appliances are expected and will help resale (although you may not be able to document a direct increase in your sale price). Less than a million, I think nice (but not necessarily subzero) is fine.

This. High end appliances are expected in homes over 1 mil. Price points less than that buyers might feel like they are paying a premium for them and won't be worth the investment.

Not true

They are expected in McMansion neighborhoods like McLean. But not in $1m places in the city or Inside the beltway. We sold our DC home in one day $100k over asking at $1.5m. IKEA kitchen and Bosch and frigidaire appliances.

Whatever you do, don't buy high end appliances for your own use and functionality, because it's a well documented fact that most of the high end brands have terrible reliability issues (thinking subzero and Viking) or aren't particularly liked by their users (like my mom hates the wolf 48" gas range).

No they are not. $1 m is nothing in McLean. I sold my $1.5m house in McLean and it had Kitchenaid built in fridge and big range, which was nicer than a lot of the other houses around the same value.

+1. I think PP is thinking of the McLean real estate market about 15 years ago.

[Anonymous]

I actually see lots of Kitchenaid in 1-1.5 million houses. That's about as high end as I'd care to have/expect. Only get them if YOU care enough about them and think you will get your money's worth regardless of when you sell.

[Anonymous]

Anonymous wrote:I actually see lots of Kitchenaid in 1-1.5 million houses. That's about as high end as I'd care to have/expect. Only get them if YOU care enough about them and think you will get your money's worth regardless of when you sell.

.

I have had Kitchenaid in 2 houses (the higher end ones; built-in fridge, big range, etc) and I cook a lot. Have been very happy with them.