New space-aged appliances have the American kitchen looking more and more like the bridge of a science-fiction spaceship. High tech innovations, upgrades to energy efficiency, sleek style enhancements and lowering prices all make new kitchen appliances appealing to a number of different types of consumers.
Home owners: Revitalizing your kitchen doesnt necessarily require an expensive, full-scale remodeling project. Upgrading individual kitchen appliances can help refresh the style of the entire room while also enhancing your cooking experience. Obtaining financing on individual appliances is also easier than getting a home equity line of credit or other loan for a full-on remodeling project.
Sellers: In a slower housing market, making cost-conscious home improvements increases the likelihood of selling at or near your asking price. Which appliance is oldest or showing its age the most? Are there any common appliances that your kitchen lacks, such as a dishwasher? By focusing your spending on one major item of need, your home just might appeal to a wider range of buyers.
Buyers: When considering two otherwise comparable homes, typically the one with new kitchen appliances and furnishings will carry the higher asking price. You can certainly choose the newer kitchen, but you will essentially be paying part or all of the cost of that remodel, a remodel that may include stylistic touches you dont care for and furnishings or appliances that are now available at cheaper market prices. As an alternative, buyers should consider the possibility of buying an older kitchen and upgrading some or all of the kitchen appliances with brand new models. Whether youre looking to upgrade one appliance or re-do a whole kitchens worth of equipment, this buying guide will serve as an excellent primer.