If you’re thinking of selling your home, then you should also consider remodeling your kitchen. Kitchen remodeling will not only make your kitchen more functional and beautiful, but it will also increase the value of your home. A newly renovated kitchen also changes the feel of your home, increasing your chance of getting a faster and more profitable sale!
Kitchen remodeling is one of the cheaper enhancements you can do to your home before selling. That’s why many people who sell their homes prefer to do a simple home enhancement by remodeling their kitchen to increase its value while keeping costs at a minimum.
Why You Should Remodel Your Kitchen Before Selling Your House
Kitchen remodeling is one of the most cost-effective ways to increase your home’s value. In fact, according to Remodeling Magazine’s 2018 Cost vs Value Report, homes that have been renovated sell for $20,000 more compared to similar homes that haven’t been updated at all.
A newly remodeled kitchen is attractive to buyers and it makes them less likely to purchase a home with an outdated space. One study found that homes with renovated kitchens tend to sell three weeks faster than those who have not done kitchen remodeling!
Modest kitchen remodels (those that cost about $20,000) will have an 82 percent return on investment. A more extensive remodel (about $40,000) will get you a 92 percent return on investment. The cost depends on the size of your kitchen and the quality of materials used.
Regardless of your budget for your kitchen project, your newly renovated kitchen significantly improves the chance of getting a buyer for your home. No wonder many home sellers choose to do kitchen remodeling before listing their properties for sale.
If you have a limited budget for your kitchen renovation, you can just focus on the most important kitchen cost effective measures like the kitchen cabinets, appliances, and of course, countertops. By simply replacing these three components in your kitchen, you are boosting your home’s value by 40% more!
Remodeling your kitchen is a cost-effective renovation that increases your home’s value. Larger renovations will cost you more money and are much more complicated without a guaranteed return on investment, while a kitchen renovation is quick and simple and guarantees a higher return on investment.
Kitchen Remodeling Tips that Will Add Value to Your Home
Kitchen remodeling is a cost-effective way to update your home and make it more functional.
There are many reasons why you should upgrade your kitchen before selling it. If you want to increase the value of your home, a freshly renovated kitchen is the home upgrade you should go for.
1- Add an island in the kitchen.
The kitchen’s island is a multi-purpose space where you can do meal preparations. It’s a mobile workstation perfect for families who love to prepare meals together and it’s a spacious work table for those who love to bake.
For individuals who enjoy eating alone, the kitchen’s island can also be used as an “on-the-go” dining space!
2- Get high returns by sticking to a neutral color scheme!
Neutral colors bring timeless elegance to your kitchen. Moreover, if you’re targeting a wide range of prospective home buyers, a neutral color scheme for your kitchen is a smart choice. Finish your big-ticket items like large pantry cabinets and countertops with neutral colors to give your kitchen a modern-minimalist aesthetic.
Neutral colors are popular with home buyers because they can be easily decorated with new paint or wallpaper, and it suits most interior design preferences!
3- Build fresh new cabinets for your kitchen.
According to Realtor.com’s Active Spring Home Shopper’s report, 80% of homebuyers consider the kitchen as one of their top three most important areas to consider when buying a new home.
Removing old kitchen cabinets and replacing them with new ones is an easy and inexpensive way to add value to your home.
Cabinets are an absolute must-have in the kitchen. They are the first ones you’ll see when you walk into a kitchen, so getting them done before you list your home for sale makes a big difference in terms of appearance.
If you have wooden cabinets installed, they are most likely worn out by the time you decide to sell your home. Part of your kitchen remodeling should also include the installation of new cabinets as they will give your kitchen an entirely new look!
4- Replace the appliances for about $8,000 and you’ll get about 80 percent back when you sell.
If you’re planning to do kitchen remodeling, consider replacing the appliances before you start. Appliances are one of the most expensive parts of a kitchen remodel, and they’re also one of the most important features people look at when they walk into a kitchen. If you spend about $8,000 on them and get 80 percent back when you sell, it’s an easy way to recoup some cash if there’s no room in your budget for other upgrades or repairs.
5- Improve your kitchen’s lighting to improve its overall appearance.
One of the most important factors to consider when kitchen remodeling is lighting. If you are planning to sell soon, then light fixtures might be a good investment for you. Good lighting significantly affects the mood in your kitchen increasing the home’s overall appearance and saleability. It’s an improvement that you should consider if you’re planning to remodel!
If you’re planning to list your home for sale, consider these helpful kitchen remodeling tips before you get started on your kitchen project. Remodeling your kitchen not only increases the property’s value but also speeds up the selling process by making it more attractive to potential buyers. Maximize your kitchen renovation by following these simple but practical tips!
Upgrade Your Kitchen Now!
If you’re looking for a reliable kitchen remodeling contractor, reach out to 215Mercury and get a free estimate on your dream kitchen makeover. Backed by years of professional experience in bathroom and kitchen remodeling, we build modern-style kitchens that are beautiful and functional that fit your preference for design and, of course, your budget! Call us now and let’s discuss your kitchen remodeling needs.