Ask an Expert

It's always a good idea to see what appliances are hot in your local real estate market by talking to a local realtor. If everyone is switching over to stainless steel, then keeping your old appliances could take a hit on your home value. But if you'll be the only one for miles around with gourmet stainless steel kitchen appliances, then you could end up increasing your kitchen's value so much in comparison with your neighbors that it becomes an unaffordable option for potential homebuyers.

Final Tip: If you have your heart set on new appliances, but aren't sure you can foot the bill, then try this smart shopping tip: Go to several local appliance stores and ask if they are selling any floor models or slightly scratched or previously opened appliances for a discount. Oftentimes, you can find brand new appliances in perfectly good working condition for a fraction of the original price due to small aesthetic damages. Sometimes, you can even get a full warranty with these products. Remember, it never hurts to ask!