Top Eight Home Kitchen Improvements Boosting Your Property's Value Significantly
Refreshing your kitchen can work wonders, but not all upgrades increase resale value. Here's a rundown of the top 8 kitchen updates that'll grab potential buyers' attention and add value to your home.
- Kitchen Islands with Seating
- Real estate whiz Kourtney Pulitzer emphasizes that a kitchen island with seating offers a high return on investment (ROI). creating a gathering spot where meals are enjoyed and parties are hosted makes it a must-have item[1]. Want to make a statement? Go for double islands - a popular luxury choice[1].
- Updating or Adding Cabinetry
- According to Pulitzer, updating your kitchen cabinets can result in extra cash in your pocket when selling. Traditional kitchens tend to have both upper and lower cabinets, so updating them will have a significant impact on the kitchen's look[1].
- Cabinet Refacing and Painting
- If you're low on dough, there are affordable ways to update your cabinets. Kristin Farnan, founder of Ridge Residential Design, suggests refinishing, painting, or refacing cabinets instead of replacing them for a cost-effective modernization[1].
- New Cabinet Hardware
- Swapping outdated hardware can work wonders for your kitchen's overall aesthetic[1]. You can achieve a big impact by replacing cabinet handles, hinges, and drawer pulls, all for under $100[1].
- Countertops
- Quality countertops make a lasting impression on buyers. Opt for durable options like quartz and granite to balance cost and desirability[1].
- Refreshed Backsplash
- A modern backsplash, such as subway tile, glass, or stone, refreshes the kitchen without putting a dent in your budget[1]. It elevates existing countertops and cabinetry, giving the kitchen a whole new look.
- Light Fixtures
- Good lighting can transform your kitchen's ambiance[1]. Pendant lights over the sink or island, under-cabinet lighting, or LED recessed lighting can be DIY projects, boosting their return on investment[1].
- Neutral Paint
- A fresh coat of neutral paint can make your space feel brand new without breaking your budget[1]. Opt for colors like white, gray, or beige, which appeal to most buyers.
Avoid kitchen renovations with the worst ROI:
- High-end appliances: They rarely return the initial cost[1].
- Overly specific features and appliances: Custom features may not appeal to all buyers[1].
- Overly trendy designs: Designs like edgy kitchens, open shelving, and modern cabinetry can quickly become outdated, turning off potential buyers[1].
- Remodeling advice for homeowners planning a kitchen upgrade includes installing kitchen islands with seating for a high return on investment, as suggested by real estate expert Kourtney Pulitzer.
- According to Pulitzer, updating kitchen cabinets or adding cabinetry can increase a home's resale value significantly, with traditional kitchens benefiting the most from such changes.
- Affordable ways to update cabinets for home remodeling ideas include refinishing, painting, or refacing, as suggested by Kristin Farnan, founder of Ridge Residential Design.
- A design tip for home improvement is to replace outdated cabinet hardware to significantly improve the overall aesthetic of the kitchen at a relatively low cost.
- Quality countertops made of durable materials like quartz or granite are recommended for home remodeling projects as they make a lasting impression on potential buyers.
- Good lighting, such as pendant lights, under-cabinet lighting, or LED recessed lighting, can transform the ambiance of a kitchen while remaining an affordable DIY project with a high return on investment.