Buying new appliances is a very big deal. As a matter of fact, we just did a report on a new refrigerator that has a sticker price exceeding $7,000! When we were kids, cars did not cost that much, but then again, they did not have the features these fridges have!
When buying appliances, you may end up remodeling the home and the current model just no longer fits. For that reason, you may feel a little safer spending more money on appliances that have a better resale value. This way, if you do have to sell after only a few years, you want to be assured you will get most of your money back. So, today, we are going to take a quick look at which appliances offer the best resale value.
Right out of the gate, retro-colored appliances are a new fad, but you do not buy into a fad if you are looking for resale value. The safest bet on this front is fingerprint-proof stainless steel and black stainless steel appliances. Unlike that banana-yellow fridge you have your eye on, these appliances are always among the best-selling and never go out of style.
Refrigerators: water and ice dispensers in the door as well as fridges with French doors.
Ranges and Ovens: slide-in options are far more popular than stand-alone models and considering the recent talk on the Hill, electric is the far safer bet.
Dishwasher: there is not going to be a lot of resale value in the dishwasher, so you really don’t want to go overboard here, but if you are upgrading your other appliances, you do want the dishwasher to match. So, if you go all stainless steel or all black, look for a less expensive model that meets your needs in that range.
Washer and Dryer: front-loading washers and dryers are now all the rage and they appear to be here to stay. Having said that, top-loading washers without the agitators offer many of the benefits of the front-loading washer without the problems.
Over and above those features, look for “smart” appliances and energy-efficient models, the latter being the more important. The “smart” features are nice, but current research has found that more than 50 percent of the people that buy them, for whatever reason, do not keep them connected.