When thinking about putting your house on the market, you may look around and decide that some upgrades need to happen before attempting to sell to the highest bidder – a kitchen remodel is one. But what areas of this space will add the most value? In preparation for your renovation, read on to find out what you can do to get the best return on your investment.
Update or Replace Kitchen Cabinets
One of the most widely used parts of a kitchen is the cabinets. No matter their style, they often catch the eye of interested homebuyers right away. Why? Storage. Having plenty of places to store pots, pans, plates, small appliances, and other similar cookware is essential.
If your cabinets appear worn or stained or creak when opening them, you’ll need to ensure they are updated or replaced. While the most cost-effective option is to swap out old hardware for new, you can take it one step further and apply a new coat of paint; although, it may not be enough to hide some of the more obvious imperfections.
To replace all of your cabinets, you may face an average expense of $9,000-$10,000 depending on the material used, customization, and the number of cabinets you need.
No matter which option you choose, you can expect the hard work and investment to pay off when it comes time to sell your home.
Replace Your Appliances
Innovative, stainless-steel appliances are all the rage for those looking to buy a house. Installing a professional-grade refrigerator, stovetop, oven, dishwasher, and more will increase the chances of selling your humble abode for much more than the original price.
Interested homebuyers want appliances that not only serve their purpose well but also look aesthetically pleasing. But you don’t need to choose touchscreen and voice-activated devices. These can oftentimes be a less-than-worthwhile investment in the long run, as potential buyers may not prefer to pay a higher price for such advanced appliances.
If Space is Available, Add an Island
There is something about a kitchen island that captures the attention of homebuyers and gets them excited about what it might be like to prepare a meal in a particular kitchen.
By incorporating an island into your space, you can feel confident that the value of your home will increase, as it will serve as a talking point and intrigue for those looking to buy. Not only do they offer additional storage, but they create a more stylish and “grander” appearance, making a kitchen feel larger.
It’s important to remember that adding an island will be a significant expense (on average, it can cost around $10,000), but you can be sure that it will be worth it, as they show no signs of decreasing in popularity.
Knowing which areas of your kitchen remodel will add the most value is one of the smartest moves you can make when preparing to sell your home. With the right choices and investments, you’ll be seeing higher offers in no time.
About Prestige Floors
Considering a kitchen remodel but want to ensure a substantial return on your investment? Look no further than Prestige Floors. As a small, family-owned and operated business based in Keller, husband-and-wife team Benson and Ashley Kelly have been improving and transforming homes since 2006. With years of experience and an eye for design, their team is trusted and bonded, and they offer only the very best results. If you are interested in a kitchen remodel or need help to determine which areas of your renovation will deliver the highest ROI, contact us at (817) 422-5343.