Do you put washer/dryer and refrigerators in your flips?

Question

I watch the other flippers in my market and it seems like fridges and washer/dryers are not always standard equipment.  When selling a house, we have always included all the appliances to make it as move in ready as possible.  If I completely rehab a home, I would guess that my buyer doesn't want to move their old appliances in anyways.  Do you think there is a ROI on these appliances?  It costs about $1,000 for a nice fridge and $600 to $1000 for a washer dryer set.

Tiffany Foy · Answer

We always include a refrigerator as we purchase all new kitchen appliances.  We have never provided a washer and dryer as I agree with the previous comments that most people come with their own.

Shawn Ward · Answer

@Joshua Top we provide the hookups for the washer/dryer but do not provide those. However, we do provide the stove and fridge.

All the best!

sjw

Nancy Zhao · Answer

Kitchen appliances always, W/D sometimes if the laundry room is in a fairly prominent position.

Robert Campbell · Answer

Fully move in ready over mostly move in ready adds a lot of value...

Kuba F. · Answer

Depends on the price point and budget constraints, but above $500K that's definitely on the list precisely for the reasons stated.  Although W/D don't necessarily sell homes the same way kitchens do, they are another strong signal that helps move the sale along in the right direction, especially if your competition isn't offering them.

I'd pretty much refuse to list a house without a fridge.

Chris Brown · Answer

Hi @Joshua Top, I have never added a washer dryer. I have left some for the new owners if they are in good shape. I would not add the expense as most people already have a set. I may consider it if it were a starter home targeting people coming out of a renting situation. It may sweeten a deal, but I don't think it would be worth the return.

I also use to include all appliances (Fridge, dishwasher, microwave, range), but I usually do not include a refrigerator any more. I have had people purchase the property with the fridge only to turn around and want to sell or return it for something else.

My view, is that I use it a bargaining chip. If the buyer wants me to include one, I can get one cheap enough and I usually have that budgeted as part of my selling costs. They may want 5 things, and I can counter with "OK, if you really want a fridge to make the deal work, then I will purchase and install one, but I cannot do the other 5 things if I do that."

Every market may be different, that is just how I have handled it and it seems to work well for me.

Best of luck!

Sonu W. · Answer

I'm sure it depends very much on the area.  I personally would put in a fridge because the kitchen is typically one of the biggest selling points in a home.  If you have a missing kitchen, it hurts the overall appeal in my opinion.

I probably wouldn't put in a washer/dryer myself because it is usually hidden away somewhere and isn't a huge selling point of a property.

Billy Smith · Answer

We are rehabbing a house to sell first one that I sold usually keep and rent but any way.

We are force to buy stainless steel, stove, dishwasher, my business partner wants to keep the old fridge  because it might make it. The more I think about it I will pitch in $1200 to get a new fringe to match. I think kitchens are #1 item buyers like the most.

Robert Rowan · Answer

Interesting discussion. This must be a very regional thing, because in the market that I'm in almost every home comes with full suite of kitchen appliances and a washer/dryer.

Do you put washer/dryer and refrigerators in your flips?

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