Whether you’re thinking about putting your house on the market now or down the road, if your home isn’t up to date you may not get its full value it comes time to sell. Updates and improvements help add value to your home and increase its appeal to potential buyers. If you’re not sure where to start, a kitchen remodel is the most effective way to increase your home’s value.
Kitchens are one of the most important rooms buyers consider when buying a home, and even a minor remodel you can maximize your investment while adding value to your home. Depending on your budget, a minor kitchen remodel can average between an 80.5 and 98 percent return on your investment at resale so before you start a deluxe kitchen makeover and move water sources and electrical wiring, consider some of these tips when making upgrades.
A Little Color Goes a Long Way
Upgrading your kitchen’s color is a great way to give it a modern look that won’t drain your budget. A modern kitchen color scheme can have a big impact on potential buyers so carefully plan out what colors patterns you plan to use. Pale greens and greys are popular for their relaxing effects and pair well with white marble countertops. But color doesn’t just include paint. Consider updating the floor to a modern white oak or porcelain tile.
Brighten Up Your Kitchen with New Lighting
Outdated or discolored lighting can make your kitchen feel uninviting, turning off potential buyers. Updating your lighting fixtures helps give your kitchen a more appealing, updated feel that can strike a note with buyers. It also offers a high return for the money you’ll invest.
Update to Energy Efficient Appliances
Potential buyers are always looking for ways they can save money when purchasing a new home, and a kitchen with energy-efficient appliances can be a major selling point. Replacing your existing appliances with Energy-Star rated models offers a great return on your investment. Also, consider purchasing well-known brands, like Bertazzoni, Wolf, Dacor, Viking or Sub-Zero. These brands will help distinguish your property versus competitor homes on the market.
Upgrade Your Hardware
One of the easiest and most cost-effective ways to remodel your kitchen is by simply updating your cabinet hardware and faucets. High-end cabinet knobs and drawer pulls can make your kitchen’s cabinets look brand new. The new types of smart faucets by Kohler, Delta and Grohe offer new and innovative water-saving technology, as well as being a dream for many home chefs. And most Realtors will agree that when it comes to selling a home, quality finishes make the sale much easier.
Looking for help financing your next kitchen remodel? With Ed Currie’s expertise, you can find the loan that meets your needs and fits your budget. So if you’re ready to start on your new kitchen contact Ed today or call him at 847-214-2404 to schedule your free consultation. And be sure to check us out on Facebook, Twitter, LinkedIn, Pinterest or Instagram for our latest tips and updates!