How A Kitchen Remodel Adds Value To Your Home
When you’re shopping around for a home, what’s the first room you wander off to and check out? For most people, it’s the kitchen. It’s the hub of all activity; it’s where families gather around the table; it’s where all the magic happens. It’s also the space in the home where you spend the most time, so why not turn it into a place that fuels your creativity? A place where you feel comfortable. A space that people naturally gravitate towards.
Real estate agents say that the number one upgrade that anyone can do to their home with the greatest return is the kitchen. Kitchen remodels range between $10,000-60,000 but it greatly increases the value of your home and depending on the scale of the remodel, you can typically earn 60-120% of your investment on the kitchen if you end up selling your house. Potential home buyers will likely purchase a home with an upgraded kitchen rather than a home with an outdated one, giving you a higher chance of selling your home faster as well
If the foundation of your kitchen is already in good shape and the style isn’t outdated, a simple face lift can do the trick. A new paint job, adding a backsplash or changing your appliances to stainless steel can be just what your kitchen needs to feel new and will boost the value of your home.
However, if you need to completely remodel your kitchen, there are a few things you should consider to make your home more appealing to yourself and to future owners:
Consider the current style and condition of your home when remodeling the kitchen. Your design choice should make sense with the current style of your home. The kitchen shouldn’t be the fanciest room in the house and avoid any colors and design choices that will disrupt the overall theme of your home.
It’s definitely a good idea to replace old appliances with energy-saving ones. People are constantly looking for more ways to be green and Energy-Star rated appliances are not only better for the environment, they’ll save you money in the long run, making it an attractive asset of your home.
Just like considering the style of your home, consider the overall style of your neighborhood. You don’t want your kitchen to be significantly more upgraded than the other kitchens on the block. This can turn off potential home buyers because although they’re interested in the neighborhood, they may not be willing to pay for the upgrades if the rest of the homes in the area on the market are cheaper. You also don’t want your home to set the price tag of other homes in the neighborhood. You do not want to be that house.
There should be a smooth flow in your kitchen to maximize efficiency and this all depends on the kitchen work triangle. The primary things you use in your kitchen are the refrigerator, sink and stove top and kitchen experts refer to the imaginary lines and the three points that connect them as the work triangle. When these three elements have just the right amount of distance between them, the kitchen will be easier to use and cuts down on your wasted steps. When considering a new layout for your kitchen, make sure you’re not bumping into the kitchen island or traveling great distances from the sink to the fridge. A great flowing space creates an effortless working environment.
Other Home Improvements
Before remodeling a kitchen, first take note if the rest of your home is in tip-top shape. If there are other problems in the foundation that need attention before making over your kitchen, tackle those first. Fixing old pipes, leaking roofs and rewiring electricity if needed is smarter than giving yourself a luxurious kitchen. A house in great condition is definitely more important to home buyers than an upgraded kitchen.
There may be a number of reasons why you want to remodel your kitchen and though it’ll cost you money now, you will reap the rewards of a kitchen remodel in the end. Even if you’re not planning to sell your house soon, there’s no reason why you shouldn’t enjoy the benefits of a newer kitchen to dine in. Having a sensible workflow and saving money by using energy-saving appliances will greatly add value not only to your home, but to your life and well-being.