Gas ranges and stoves, Is this a feature you market?

Question

I am closing a sfh. I have to provide the oven and range. It could be gas or electric. Is is this gas option a feature you advertise?

Jerry W. · Answer

@Matt Rosas , when I have a choice I put gas ranges in rentals.  In my old apartments where I need more circuits I can convert the 240 volt plug to two 120 volt outlets.  The gas ranges virtually never wear out like the coils can on electric stoves.  The thing I do not like are the old pilot light stove tops.  After awhile they just don't work and can give your rentals the natural gas smell.  I usually change out the old pilot stoves for electronic ignition stoves when I get complaint on the gas smell.  I do not mention the type of stove in my marketing.

Will Barnard · Answer

Ok, in that case, is there a gas line already in place? If so, go with the gas. If not, you would have to assess the costs of running a gas line plus the unit compared to sticking with an electric range.

Kathleen Leary · Answer

One of the smartest things I did in my C+ property was leave the electric stove receptacle in place & have the HVAC guys run a gas supply to the stove. I do provide the stove, but I can use whatever unit I find at a good price. Around here, gas is as popular as electric - either/or. I'm putting in a stainless gas unit for a little extra "kitchen bling" - believe me, it could use it!

Xing Zhu · Answer

For home residence, I certainly prefer gas stove (with dual fuel oven). For rentals, I prefer electric as the risk is lower. Some resort hotels do not even allow open fire in the unit.

Roy Gutierrez · Answer

I have this dilemma right now, I have a rental in a nice middle class neighborhood, a 4/2 home, (Oak Park close to Berkley for the michiganders), probably can get $1,500 - $1,600 a month for rent, we are replacing the cabinets, granite and putting stainless steel appliances, the connection is for electric but have thought about putting a gas burner instead of electric, would you think it would be a good idea to turn it to gas? Rob K. , if you're familiar with the area what is your take on this? Also something to consider is for this type of home 90% of the applicants were families with kids.

Thanks.

David Krulac · Answer

We promote natural gas as "the cheapest way to heat".  We do this for flips, rehabs and buy & holds.

Just rented an apt. with gas heat, gas hot water heater, gas range, & gas dryer, you can be assured that I promoted the gas feature of this apt and is only a $595 apt.

On a rehab that is to become a rental for us, the kitchen had both a gas line and a 220 electric range outlet already there.  We gutted the kitchen to the studs and totally redid the place.  We left both gas and electric in the kitchen and we're planning on offering it to tenants as bring your own range either gas or electric.  The PM suggested that we supply a range, which we ended up doing getting a gas range.  There is also a new dishwasher in the unit.  This is a 2 br house rent currently at $750.

We've done about a dozen or so gas heat conversions, and prefer gas and tenants and buyers prefer gas in out market.  Of the 3 primary heat sources of gas, electric and oil, gas is by far the cheapest to operate.

Propane is a different story and is a oil by-product in gasoline production.  It is not a natural gas product and the pricing is varying just like oil which can change price daily.

Eddie Werner · Answer

If it is a higher rent area where you need granite and new cabinets the tenants will probably expect gas.  If the hook up is there do it, if not put it in.  In C+ neighborhoods go with whatever hook ups are available.

Rob K. · Answer

In that price range, I would probably put gas in if it wouldn't be too difficult/expensive to do so.

Account Closed · Answer

IMO, if you are in a middle-class or better price point, gas is where it's at.  To go totally high end, you'd supply a  gas cook top with combo gas/elec. convection oven.  Oak Park (again, my opinion as a former MI girl) at $1600/mo should have a better than average kitchen.  At the very least a gas stove/oven.

Ed L. · Answer

I find that most people prefer all electric in my market "mild winters".

I personally prefer gas, but will swap it for electric if it's the last piece of gas equipment.

Some people are intimidated by cooking on gas stoves, and others just dislike having another bill to worry with.

Gas ranges and stoves, Is this a feature you market?

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