Why a Kitchen Remodel is one of the Best Investments

Friday, August 7 2015 1:32 PM

If you’re considering a home remodeling project, investing in the kitchen can reap big benefits. A well-planned kitchen remodel will increase your home’s resale value and add to your enjoyment of the space. A thoughtfully remodeled kitchen will add life and value to your home.

Make the Kitchen Fit Your Lifestyle

If you’re going to be staying in your house for a few years, spend your remodeling budget on items to make your kitchen more functional for your family. You might wantremodeling a kitchen to make room for and purchase a bigger refrigerator that has more modern features, for example. If you don’t cook much but use the kitchen for gathering space, it might make sense to add an island or eating bar for everyone to sit around.

This is also a good opportunity to address those features of your kitchen that are annoying or unsightly. If you don’t like the 80s backsplash, change it. Add under-cabinet lighting to brighten work areas. Or, you can open up your kitchen by widening a doorway or removing part of a wall.

Future Home Buyers Will Love It

You’ve probably heard some version of the saying, “kitchens and bathrooms sell houses.” According to Harvard University’s Joint Center for Housing Studies, the kitchen is one of the first rooms buyers look at. Buyers who give full asking price for a home expect they won’t have to put in a lot of work, such as remodeling the kitchen. So, if you are planning to sell your home with an outdated or run-down kitchen, be prepared for the possibility that you’ll need to significantly lower your asking price.

To make your kitchen more appealing to a future buyer, choose natural, subdued colors for the floor, countertops, backsplash, and appliances. Keep your design and decor simple, and use quality materials like granite, tile and hardwood, but keep your project expense in line with your home’s value. If you have the room and budget, consider opening up the floor plan and adding convenience features like under-cabinet lighting or a pull-out pantry.

A Remodeled Kitchen Can Pay for Itself

Updating the kitchen can pay off more than adding or remodeling other rooms. Remodeling Magazine reports an average 93% return on investment (ROI) at resale for kitchen remodels. In more competitive housing markets, this number can be much higher. Of course, your actual ROI will depend on factors like the value of your home and the ones around it, the real estate market in your area, and the quality of your remodel. Keep in mind, spending too much on a kitchen remodel can drive the price of your home up out of the market, so planning is key.

Ready to tackle your kitchen remodel? All Seasons Construction can help you create the beautiful, functional kitchen of your dreams. Contact us today for a free consultation!

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