some buyers will simply walk away, not wanting to deal with known problems that could get expensive long after the deed is transferred.
REPLACING APPLIANCES
There is no doubt that new appliances make an impact on buyers. The National Association of REALTORS® (NAR) conducted a survey of buyers in the market over the past several years and found that: • Buyers were usually “interested” or “somewhat interested” in buying a home that featured new appliances. • Roughly 17% of respondents preferred stainless steel. • The most important factor: available appliances. • Most buyers who were unable to get their sought-after appliances said they would have been willing to pay, on average, nearly $2,000 more for them. Potential buyers prefer that appliances be included with the house and will pay more for them, especially if they are new or in excellent condition. If you can afford it, new appliances might be what sets your house apart from the home for sale across the street. If new appliances are not an expense you are able to cover, ensure your existing appliances are immaculately clean and fully functioning.
UPDATING HARDWARE
There is no doubt that new appliances make an impact on buyers. 46
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