I am happy to hear you are not the "hide it under the rug" sort of person. In the Madison area buyers are very educated. They do the research and look at all aspects of the overall breakdown of what goes into the price of a home. Appliances being one of them. The homes that are currently selling on the market are houses that have had the repairs done, code violations resolved, appliances upgraded, floors sparkle and kitchens and baths are updated. Regardless of the price range, the buyers expect homes to look wonderful. Couples do not have time for fixer-uppers....they don't want the headaches of redoing a kitchen, replacing tile or adding wood. This is not to say that you have to put the most expensive brand name appliance in your home, but instead, choose a product that feels and looks appropriate for the space. Very rarely do you see homes in the Madison area sell without the appliances or a washer and dryer.....new construction is a different application and in those cases you do see homes without the appliances. So purchase something that you would be happy to use should you be a buyer.
In regards to the lower level.....finished square footage impacts your price per square foot and is analyzed by all buyers/sellers and agents. If you can finish the space at a reasonable cost while at the same time selling your home for a higher value because you now have more square footage it is a go. But you should have someone look at your application and give you a second opinion. 1st and foremost do not list your home until it is in showing condition and staged for buyers. The inventory is very high and you will only succeed in selling your home if you start out with the WoW factor.
All my best,
Donna Birschbach - The Birschbach Team
Keller Williams - Madison - 2009/2010 #1 Sales Volume
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
Right now most buyers are looking for homes that are well maintained......a home that needs work yet is still similarly priced in the neighborhood has a less likely chance of selling. This is a buyer's market and sellers have to take the extra step to display their motivation to sell.
I always tell my sellers to do the right thing - remember you will be on the buying side again someday.
Donna Birschbach - The Birschbach Team
Keller Williams - 608-444-4194
I saw your response that mentions that you live there and taking them with you isn't an option...
So the question is, do you need to have a washer to make you happy while you remain living there? If so, I would buy a used one or inexpensive new one that closely matches your dryer (on Craig's List or wherever).
Most buyers who need a washer/dryer do not care if they are older or even match... obviously they can be excited if they are new, but in my experience a washer & dryer has never been a deal-breaker.
Some buyers will have their own to bring along, some are grossed out by other people's dirty laundry and will buy new.
Don't rule out purchasing a "used" or "scratched & dented" one that can be purchased for significantly less. How do you know the new buyer won't bring their own appliances with them and disguard yours?
Our recommendation, don't try to fit the washer under the rug(it won't fit) but make a decision that fits your budget and gives you peace of mind.
I will be moving to an apartment, and will almost definitely not be taking the appliances with me.
Also, I live there. Removing them and having an empty laundry room isn't really an option. :-P
The washer and dryer will not sell your house however, if the look of your home and its appliances has an overall uniform feel to it, then it might be more appealing to perspective buyers. You can just get rid of the set and sell without a washer and dryer to improve the look of your basement. If you wish to replace the items, try to keep the style the same as your kitchen. If you kitchen is all new, then buy new similar quality W&D otherwise a good used set will be fine.
CA DRE 08144627