When you are preparing to put your home or condominium on the market, you can increase the property value by including a compact washer and dryer as part of the sale. While you may think you will not recover the costs of installing in-home laundry, this is not an accurate assessment.
How In-Home Laundry Increases Your Resale Value
The costs to purchase and install a compact washer and dryer range between $1,200 and $3,000, depending upon the model and whether you pay a contractor to install the appliances or install them yourself. Adding in-home laundry results in a net increase of the property’s value, ranging from $4,000 to $10,000. As you can see, the investment is well worth it.
In addition, installing in-home laundry appliances helps improve the marketability of older homes and communities. It is easier to attract prospective buyers when you are including a new washer and dryer in the sale. The features found with LG models make it possible for older properties to install laundry without the hassles of dryer venting, plumbing, or electrical problems.
Make Your Home ADA Compliant with Compact Washer and Dryer Models
As long as you do not stack the washer and dryer, since most LG models are front loading, it makes them ADA-compliant and allows you to also market your home or condo to those people with physical handicaps. Front loading machines are easily loaded, unloaded, and controlled by people who are wheelchair bound. The laundry pair may also be elevated, to make it easier to access them by placing them on approved pedestals.