Think a laundry room just needs a washer and dryer? The makers behind FoldiMate would disagree.

This new appliance would stack right next to a washer and dryer, and as homeowners pull their clothes out of the dryer, all they have to do is feed shirts and pants through FoldiMate and it will spit out the item folded.

The company expects to price it at $850 when it finally hits the market. Pre-orders should be starting soon, according to the company's website.

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