Investor · Sammamish, WA · Member since 2013 · 94 posts · 84 votes
Landlords often debate whether it’s worth including a washer and dryer in their rental units. While it's not a requirement, adding these appliances can be a smart move from a long-term investment perspective.
Key Reasons to Add a Washer and Dryer
1. Improve Tenant Satisfaction
Tenants value convenience. By providing in-unit laundry, you're showing that you care about their comfort. This can lead to higher tenant retention and fewer vacancies.
2. Make Your Property Stand Out
In competitive markets, small upgrades make a big difference. Since many landlords don’t offer laundry appliances, your property will stand out to prospective tenants and may even justify a higher rent.
Cost Considerations
New Set: Starting around $1,000, new washers and dryers usually come with warranties and minimal maintenance needs.
Used Set: Available for as little as $500. Just ensure they’re in good condition and ideally come with a warranty.
Whether you go new or used, reliability is essential. A non-functioning appliance quickly becomes a liability.
Final Thought
Adding a washer and dryer may seem optional, but it can significantly improve your property's value, attract quality tenants, and reduce turnover. All of this contributes to a stronger return on investment.
Reduced upfront costs: Providing appliances requires a significant initial investment.
Lower maintenance and repair responsibilities: If the tenant owns their own appliances, the landlord is not responsible for repairs or replacements when they break down.
Less risk of property damage: Washing machines can sometimes leak or malfunction, causing water damage. If the tenant provides their own, this risk falls on them.
Avoidance of disputes: Sometimes disagreements arise over the repair or replacement of appliances. Not providing them can prevent these issues.
Flexibility for tenants: Some tenants prefer to use their own machines, which they are familiar with.
Potentially lower rent: A property without a washer/dryer might command a slightly lower rent, which some tenants might prefer.