Should you buy house with furniture?

With the development of modern residential projects, homebuyers have various options. Many prefer purchasing a fully furnished property as it comes equipped with furniture and other facilities. A fully furnished property appeals to buyers as they do not have to go through the hassles of purchasing and organising furnishings for their new home. It will also be a cost-effective option. However, furnished apartments may have their pros and cons, which must be considered before making a decision.

Check this guide to first time home buying in 2024

 

What is a fully furnished property?

A fully furnished apartment is a residential property that includes basic furniture and other furnishings.

 

What is included in a fully furnished house?

The facilities provided in a fully furnished house may differ based on the seller or buying agreements. Some common items included in a fully furnished apartment include:

Living room	Couch Coffee table Side table Lamps and lighting Television unit or other electronic items
Bedroom furnishings	Bed and mattress Nightstand Lamp Lighting Desk Dresser and drawers Curtains or blinds
Bathroom	Toilet Sink Shower or bathtub Storage units and other accessories Shower curtain Bath mat
Kitchen	Chimney Refrigerator Oven Dishwasher Dining chairs Countertop stools

 

Amenities and services

A furnished apartment may include additional building amenities and services such as:

• 24-hour concierge
• Laundry
• Wifi
• Utilities

 

Pros of buying a house with furniture

Buying a fully furnished house may offer several benefits to homebuyers, providing them with convenience and cost savings.

• Immediate move-in: One of the major advantages of buying a fully furnished house is the ease of move-in. The buyer can start staying in the new residence without purchasing and assembling furniture.
• Saves time and money: Buying new furniture involves a lot of money, time and effort. Choosing a fully furnished property saves time and effort for furniture shopping and assembling.
• Improved aesthetics: Fully furnished houses are designed to have an aesthetically appealing decor. It elevates the overall appeal of the house, making things easier for potential buyers.
• Increases property value: The seller of a fully furnished house has an advantage when negotiating the asking price. The availability of furniture can be an additional incentive for buyers, as it saves them a lot of money.
• Suitable for short-term relocation: Fully furnished apartments are ideal if one is relocating for a short term, such as a company project or other reasons. It meets their urgent housing needs, eliminating the need for temporary furnishings solutions.
• Ready for renting out: Buying a fully furnished house is an excellent choice if the buyer plans to rent it out immediately. There is an increasing preference for well-equipped rental homes, as they ensure convenience for prospective tenants.
• Additional services: Buying a house with furniture may come with additional facilities and services, which can be advantageous for the buyer.

 

Cons of buying a house with furniture

Buying a house with furniture can be a smart decision in most cases. However, there could be some drawbacks in scenarios where the furniture does not align with the buyer’s style and preferences.

• Furniture quality: The quality of the furniture in a fully furnished apartment may vary, depending on the seller. These apartments usually feature high-end furnishing. However, some may have outdated furniture. Thus, inspecting these furniture items before investing in such properties is essential.
• Replacement and maintenance: Before purchasing a furnished apartment, a buyer should assess the lifespan and quality of furniture and the expenses that may occur due to replacement and maintenance. It may be difficult to negotiate the cost of furniture separately.
• Hidden flaws and limited functionality: This could be a key point to consider when buying a furnished house with furniture. The property may have appealing features that can draw the buyers’ attention away from any hidden flaws or defects. Moreover, the existing furniture items may not entirely meet the new buyer’s requirements. For instance, the bed may not be spacious, or the dining table may have limited chairs.

 

Housing.com News Viewpoint

Before buying a house with furniture, assessing your lifestyle and specific needs is essential to ensure the fully furnished property becomes a cost-effective investment. Furnished apartments are suitable for quick move-in. However, if you prefer to personalise your home by choosing furniture that matches your style, opting for an unfurnished house can be the best option.

 

FAQs

What are the top three reasons to buy a fully furnished home?

A fully furnished home can be beneficial as it saves time and money; it is ideal for short-term relocation and an excellent option for instant move-in.

What items are included in a fully-furnished house?

A fully furnished house may include a sofa or couch, a TV unit, appliances, a bed, cabinets, etc.

What are the downsides of buying a house with furniture?

Buying a house with furniture may not be ideal if it does not match the buyer’s style and preference. Moreover, it may have outdated furniture that may involves additional expenses for its replacement.

What does it mean when a house is furnished?

A house is furnished means that it comes equipped with furniture and additional facilities.

Is it best to let the house be furnished or unfurnished?

Furnishing a house can increase the resale value of the property and attract good rental income.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com