Americans know the kitchen is the heart of the home, so it makes sense that it’s going to be a purchase driver for renters or buyers before they move in to a new residence.
For multifamily building owners and remodelers, kitchen updates can be expensive. Even a modest remodel can cost more than $10,000. In multifamily dwellings, updating each unit quickly adds up, and new appliances often take a formidable chunk of the budget.
However, it’s more important than ever for owners and developers to find ways to distinguish their properties from the competition. For example, more than 400,000 new multifamily units were built last year, according to the Harvard Joint Center for Housing Studies. These new developments, which feature modern designs and appliances, continue to be built in response to demand and are spurring growing expectations from renters and buyers as a result.
Modern kitchens are desirable to buyers and renters because they include dependable and energy-efficient appliances that make it easy to save energy and water.
The pressure to upgrade at an affordable price narrows the possibilities for multifamily owners and remodelers. One product that fits the bill is the Amana® kitchen suite, which features easy integration and installation. This value-focused suite has a sleek new look and feel, while also giving consumers the features they care about most. The appliances include noticeable style upgrades, such as stainless steel, large windows, and consistency in the types of handles and knobs across the appliance suite.
At the center of the kitchen suite is the 30-Inch Amana® Wall Oven with 5.0 Cu. Ft. Capacity, which is the first value-focused wall oven by Amana and the ideal appliance for property managers looking to make practical upgrades. With an MSRP of only $1,099*, the oven provides modern features and design, such as easy-touch electronic controls, without eating the entire remodeling budget.
If an owner or remodeler isn’t upgrading the entire kitchen, it’s imperative to find new appliances that can fit with existing ones. Amana® offers such products, including dishwashers and microwave ovens with clean fronts, without external branding. As a result, multifamily building owners can choose to upgrade just those appliances, seamlessly mixing and matching across brands, which saves the time and expense of replacing all appliances.
It’s not easy for owners and builders to improve renter or buyer satisfaction without breaking the bank, but smart kitchen upgrades are an ideal place to start.
*The MSRP is the manufacturer's suggested retail price and may not necessarily be the price at which the product is sold in the consumer's area. The dealer alone determines the actual price.