When you're renovating your kitchen, it's important you don't overlook features that could increase the value of your home. If you were to sell your house in the future, the kitchen is a major area of the home that attracts buyers. Ensure a return on investment by updating this room with modern elements, as it is a major selling point for potential homeowners.
Spruce Up the Cabinets
In the current housing market of 2022, buyers favor more spacious cabinet storage with an aesthetically pleasing appeal to them. You could choose to rip out the current ones in your kitchen, but that could make a dent in your budget. Repainting and updating the hardware on the cabinetry is a great option because it saves you time and money, and yet completely changes the entire look and feel of the kitchen.
Update the Flooring
Flooring is a great update to incorporate into your plans because it helps the kitchen flow seamlessly with other rooms in the house. Options like hardwood, vinyl, and tile are great for this type of room. If you currently have natural hardwood floors, consider refinishing them to increase the value of your kitchen.
Install an Island
While installing an island might be on the pricier end of renovations, it is one feature that is likely to stick around and not go out of style. Buyers seek kitchens with this element because it increases the value and adds tons of extra storage and counter space. Islands create more charm in this room, while also making it look and feel more cohesive with the rest of the kitchen.
Match and Update Appliances
Outdated appliances are unattractive—as are mismatched finishes. This is a major selling point for potential homeowners; if the current appliances in your kitchen do not match or are old, consider purchasing high-quality energy-efficient stoves, microwaves, and refrigerators. Adding a range hood above your stove could also potentially add to the return on investment once you sell the home.
One of the first things you notice about a kitchen is the countertops. Granite was popular a few years ago, but today, many buyers are looking for white or neutral quartzite counters. White opens and brightens the space, which could greatly impact the aesthetic and modern approach to this room.
During your kitchen renovation, don't miss out on the features that could give you the largest return on investment. Focus your time, money, and energy on the more important elements that make up this room. What will you alter in your kitchen to increase the value?
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About the PublisherBo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condos in the Greater Winnipeg market. He is an accredited buyer representative (A.B.R.) and a Luxury Home Marketing Specialist. Bo provides exceptional service to First-Time Home-Buyers, Seniors looking to downsize and Home Sellers of all ages. He can be reached easily By E-Mail or call/text him Call/Text Here
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