When to Choose Premium or Luxury Faucets Over Value Faucets for Greater ROI
Is the price of a premium or luxury faucet worth the money? At which point will a premium faucet become more than it’s worth or will it? Sometimes, during the challenging task of fixing on a budget for a multifamily venture, a value faucet is the better option simply because it’s more economical and the budget can’t be stretched further. A value faucet doesn’t break the bank upfront, but can one expect further maintenance down the road and how will cheaper faucets look to potential residents? You more often than not get what you pay for, so a luxury faucet may better suit your kitchen or bathroom’s design and is more durable, but will cost more. How do you make this choice? Here’s a guide we hope will help tremendously.
When to Choose Luxury Faucets
To begin, take the overall quality of the other fixtures you’re choosing and the size of the household you expect will live in each unit as well as the average ages of each member of the target resident household. For a premium complex, you’ll, of course, choose luxury faucets. But what about in the mid-range? For larger units that will house more than two people, and especially if some of the residents will be children, a premium faucet can be the more practical choice, if not the intuitive one. A higher-quality faucet generally has a longer lifespan and will elevate the look of the entire bathroom, kitchen, or utility room. Lifestyle is also a factor. A premium faucet also suits avid chefs who will require and be impressed by semi-professional faucets like the Pioneer Single Handle Pre-Rinse Pull-Down Kitchen Faucet. This faucet has a pull-down feature and innovative power that makes an impact both before a condo purchase or lease signing and after. Another premium faucet can be the highlight of a room and stand up to rigorous use is the Pioneer Two-Handle Kitchen Faucet. Consider the Moroccan Bronze finish for a ‘wow-factor’ industrial kitchen design, for example.
When to Choose Value Faucets
In mid-range multifamily housing category, look to the number of people who will live in the unit as a great place to begin. For studio or one-bedroom units in mid-range buildings, a value faucet might yield the greatest ROI. The one or two residents will most likely be adults and generally speaking, take better care of faucets. After taking in account the number of people per household and the number of times the faucet may need to be repaired during its lifespan, one can determine if getting a value faucet is the better choice. Even then, cheaper faucets are not all built equally. The Pioneer Two-Handle Kitchen Faucet is a value faucet known for its simple, yet efficient functionality, while still made with quality parts and designed to last longer than the average value faucet. The Pioneer Single-Handle Kitchen Faucet is also a great budget faucet, plus, it’s easy to install and operates with only one handle. Either is a fantastic choice!
Conclusion
A premium faucet may well yield the greatest ROI for units that will house a larger family or an upper-tier building where a great impression must be made and opportunity cost must be factored in. A premium faucet is also suited for people who expect to be rougher on the faucets, like children, because higher durability will prevent the need for further maintenance in the future. A value faucet is best suited for small households and adult occupants. Budget faucets typically require more maintenance, but a well-built value faucet used in the right circumstances can be a great choice.
Wrapping it All Up
As a trusted supplier of faucets and fixtures for over 100 years, Pioneer, Central Brass, and Olympia are here for you. Embrace the benefits of quality, product availability, and shipping speed by partnering with Pioneer. Enjoy the peace of mind that comes with knowing your project is in good hands and transform your building or home with these beautiful and exceptionally durable faucets. All are backed by a best-in-the-industry warranty, are easy to install, and will stand the test of time.
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We’ll Save You Money and Time
There are many ways to the same destination. This saying applies to multifamily housing builds just as much as to anything else in life. The ultimate goal is save as much money as possible while delivering a great finished project – that’s simply showing smart business sense. But, finding a one-off deal or sacrificing quality isn’t the only way to get a healthy ROI. We have a better way.
Pioneer works with professionals every day to develop specification packages and plans that save our valued partners both time and money, sometimes in surprising ways. It’s our goal to ensure your project meets or exceeds its expected outcome. We want to get to know you and your company and show you how we can save you money. Please reach out via our website form or call us at (800) 338-9468.
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