The Long-Term Effects Of Stainless Steel Appliances On Home Resale Value

Stainless steel appliances lend a modern aesthetic to your kitchen. But did you know they can also have a positive effect on your home's resale value and even make your home more desirable? Some real estate reports note that homes with stainless steel appliances are known to sell 15% faster than those without. That quick turnover really matters if you're hoping to get your property off the market as soon as possible. This is partly due to the halo effect, a scenario in which the buyers assume that, since the kitchen features modern elements, the rest of the house would be in good shape. This perception can do wonders for your home's value.

Another advantage of stainless steel kitchen appliances is their resistance to rust, fading, and corrosion. They're champions in durability and can handle regular use. This makes them a great bargaining chip when it comes to your home's resale price. Stainless steel appliances are also neutral, meaning they can go with just about any interior design style. Plus, they're hygienic, since the material doesn't collect germs.

However, smudges are easily visible on stainless steel, which means you may need to clean your stainless steel appliances more often — although you can now find fingerprint-proof stainless steel. They also tend to be more expensive than other finishes. However, the potential return on investment that these appliances can offer is worth the cost and upkeep. According to some remodeling cost reports, sellers may recoup over 70% of their kitchen remodel investment.

Needless to say, stainless steel appliances can increase your home's resale value in the long run — but there are conditions. To begin with, the appliances need to be in tip-top shape. Dents or scratches can be a dealbreaker, even if you have the premium models. You'll also want to account for age. Appliances that are over 10 or 15 years old, for example, can drag down the value. Newer ones, on the other hand, show that the property is ready for move-in.

Of course, you'll also want the rest of your kitchen to be in good condition. Otherwise, new appliances alone won't save the look. Keep in mind, design trends evolve over time. Matte-black stainless steel is currently gaining traction. This finish complements many design styles, from industrial to transitional to modern farmhouse kitchens. Plus, the ultra-modern look of a matte-black stainless steel appliance would blend well with any upcoming interior design styles. In other words, you'd be doing your home's resale value a favor.

Another factor you'll want to take into consideration is your property's market segment. In luxury neighborhoods, buyers may expect high-end brands like Viking and Sub-Zero. In more modest markets, any decent stainless steel appliance can raise perceived value and set your home apart. Real estate agents note that stainless steel is in demand, and if the products are well-maintained, you can expect to get a good deal when selling your house. Just make sure to fix any dents in the stainless steel appliances and wipe them down before the house tour.