Would You Like To Sell Your House For A LOT MORE Money? You Should Immediately Make These Kitchen Updates!
If case you were looking for an excuse to completely redone your kitchen, I guess you are in the right place! If you didn’t know, updated kitchens are one of the top elements that can raise the price of your home, according to experts. We spend most of our time in the kitchen, eating or cooking, so it totally makes sense. You better pay attention to all the information found in this article, because you will soon become richer.
Before you decide if you want to remodel your kitchen or not please take into consideration that everything about kitchens is pretty pricey. In 2023, according to the U.S. Houzz and Home Study, conducted by the renovation hub, the median spend on a kitchen renovation was around $20,000, which is A LOT! But, you shouldn’t worry, because kitchen remodels recoup up to 70% of the money spent on renovations, boosting the sales price.
How Can You Maximize Your Renovation Investment?
First of all, you should research to understand what buyers want. It’s not a smart idea to start spending money on things that will not last or not offer you financial benefits over time. All the big investments should be wisely done which is why we will share with you real estate experts’ ideas to understand which are the best kitchen upgrades that will also significantly raise your property’s value. You can thank us later.
Here Are 6 Kitchen Updated That Add Value to Your Home:
1. Replace Countertops
Replace the outdated tile and grout countertops with new and modern ones. You should give your kitchen a brighter look, by choosing light colors. According to experts, modern countertops will immediately attract buyers. They are a very smart investment since they will not only make a significant aesthetic difference but will also raise your home’s resell value.
You should keep in mind that opting for real marble is not a great idea at all, since it is incredibly pricey, a return on your investment would be almost impossible. There are a lot of other available options, which are more affordable and look almost the same. The modern and elevated look you can obtain just by replacing old countertops is unbelievable and totally worth it.
2. Update or Replace Cabinets
If your kitchen cabinets are too old, you should update them. Today’s buyers focus on storage, so beautiful and strong cabinets will immediately increase a kitchen’s value. The cost of the cabinet upgrade varies, depending on the size and scope of your project. If you want to replace only hardware the costs would be around $200, depending on where the materials are purchased. For example, on Amazon, you can find the cheapest ones.
Repairing cabinets is the next step and will cost you a little more than just renewing the hardware. So, expect to spend at least $2,500 depending on the total surface area of the cabinets. If the price seems too high, remember that you usually get the best return on investment on this effort, especially when combined with new hardware.
And of course, replacing cabinets would be the most expensive alternative but we assure you that it’s totally worth it. For an average kitchen, expect to spend at least $5,000.
3. Get Better Appliances
Everyone is searching for a home with usable appliances but remember that you don’t need to purchase the most expensive options. It will be perfect if you buy just the most important ones for a simple kitchen. Stainless steel appliances are the best ones you can get and have been widely popular for years. But quality appliances are a little bit tricky.
On the one hand, buyers want functional and high-quality appliances, on the other hand, if the appliances found in your house are too modern or hard to use, they will immediately get turned off. However, no matter the appliances you choose, make sure not to spend too much, unless you’ll really use them. So, in case you want a fancy pizza oven, go for it, but don’t expect potential buyers to like it as much as you do.
Last but not least, you should make your appliances match. As I already told you, stainless steel is the best choice.
4. Add a Kitchen Island
An island provides plenty of value in any kitchen. It’s a great way to add more counter space and make your kitchen more attractive. This design element brings a lot of extra space, allowing you to be more organized.
There is no specific size for a kitchen island, you can design it as you wish. It depends on what purpose it will serve in your kitchen. Just keep in mind that you need to have at least one meter on all the sides of your island for easy traffic flow.
5. Update the Floors
When it comes to flooring, the most popular choice is the luxury vinyl plank. It will offer your kitchen a stylish, functional, and up-to-date look. The luxury vinyl plank is becoming more and more popular since it is waterproof, doesn’t get easily scratched, and doesn’t need specific maintenance. Basically, LVP requires less upkeep than hardwood.
Even if you don’t make any other drastic changes, just by changing the flooring, the space will look completely different. The only disadvantage is that when you plan to change the flooring, usually, all the cabinets need to be completely moved. In this case, maybe it’s better to remodel all your kitchen.
6. Add a Multipurpose Work Area
Nowadays, a lot of people need to work from home or multitask, finding a balance between family life and work life can be really challenging, which is why a specially designed work area in the kitchen seems a good idea. What do you think about it? Would you design a workspace for your kitchen or are you referring to work in a different room? Let us know in the comment section found below.
Real estate experts are saying that such spaces are becoming, more and more popular nowadays since Americans are having a hard time managing their time.
The Bottom Line
All these 6 tips will help you significantly improve the aspect of your kitchen and also make a huge difference in the resell price. So, don’t lose time and money while investing in things that will not offer you any benefits, spend wisely and always think about your financial future.
As you already know, the most important thing in a kitchen is probably the storage. As long as you have enough space to organize your cooking tools and dishes you can consider that you have a practical kitchen. Speaking about storage, we have another recommendation for you: a pantry door organizer, which can be found on Amazon. It is designed with 8 tiers of baskets and 4 deeper baskets, which can store your different sizes of spice jars, dry goods, snacks, and sundries. This back door kitchen spice can be assembled in a maximum of 10 minutes and is a very smart purchase, in case you are tired of seeing things all over the place.
Are you interested in learning more about this topic? You should also read this article: Avoid These 10 Things if You Don’t Want an Outdated Kitchen.
