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Reply to "High end kitchen appliances worth it?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=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.  [/quote]

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.[/quote]

We paid 800k to teardown , it depends on the area[/quote]

I'm the original pp here -- that's why I said if it "has been renovated recently."  If you're paying $1 million for the lot, then it doesn't apply.   lf the fact that the buyer is going to need to redo the kitchen is factored into the price, then it doesn't matter (no matter what the price point).  However, the worst situation is when somebody does a renovation on the cheap, but then expects to get full price for a "completely updated house."  You're better off doing nothing.  I think this is what OP was asking about. I think $1 million is about the cut off between the "good enough" reno being ok and it being a waste of money.

I say this because I learned the hard way. [/quote]

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