Despite our best efforts to make our living rooms inviting for guests, it seems they always seem to drift to one of the more functional rooms in the house: the kitchen. So kitchen renos that increase your home’s value will, at some point, become a reality for most of us.
It’s no surprise then that the kitchen has become the central hub of the home. The kitchen is where we gather to eat; where we gather to chat; where we socialize; where we interact. Forget sitting on the couch to talk, people would rather hover around the kitchen counter and gossip. No matter how small or large, guests will find their way to the kitchen and that’s where they’ll stay.
That’s why it’s so important to consider your kitchen when you want to increase your home’s value. Whether you plan to sell next week or 5 years down the road, you’ll want to consider these easy kitchen renos to increase your home’s value.
Is a kitchen reno an investment?
Unlike most rooms in your home, the kitchen has multiple components that can result in pricey upgrades down the line. From tiling to cabinets to appliances and hardware, the kitchen is also full of little bits and pieces that can easily be upgraded and changed to increase the value of your home.
“If someone came to us and said they wanted a kitchen reno just to sell, I’d tell them not to bother,” Cwik employee, Gemma Chiarcos stated bluntly. Cwik (Cuisine West Island Kitchens) specializes in gorgeous kitchen designs. If you can dream it, they can create it. So, they’ve also had their fair share of clients looking for a quick upgrade.
“Upgrading a kitchen to sell a home shouldn’t be a huge job. Paint, add new hardware and clear your surfaces,” recommended Chiarcos. With designs that start at $25,000 and go up from there, the experts at Cwik could surely design a kitchen you’d love to live in, and that’s the point.
“When you plan to do kitchen renos, plan on living in it,” explained Chiarcos. “There’s no point in making that investment only to sell; you’ll never see a return.”
There are many people who think that a total kitchen reno is the only way to increase the value of their home, so they do it just before the sale. Just because you invest $100,000 in your kitchen does not mean your home will go up by that much (or more). It’s important to remember that the price of your kitchen should never exceed 7% of the value of your home — and that’s just for the cabinets alone.
It’s easy to get carried away with kitchen renos, so instead stick to these kitchen renos that increase the value of your home:
1- Add a fresh coat of paint
Sometimes all your kitchen needs is a bit of freshening up. Stick to neutrals and save the flashy colours for accent pieces like a vase or a bowl of fruit. Replacing cabinets can be pricey, but as long as your cabinets are in good working order, you might want to consider painting them. According to the experts at Cwik, white is the hottest new trend in kitchen cabinetry.
2- Change your hardware
The experts at Cwik also noted how chrome fixtures are the latest and greatest in kitchen fashion. Cheaper than stainless steel, but just as flashy, chrome is a great way to update the look of your kitchen without breaking your budget.
3- Update the floor
This can be a tricky one. It’s easy to get carried away with tile; ceramic, glass, mosaic: the choices seem endless. However, if you have an older kitchen with vinyl flooring already installed, consider updating the vinyl to get rid of any lifting edges, cracked pieces or discoloration.
4- Keep it clean
This might not seem like a reno tip (and perhaps it’s not), but it’s probably one of the most important and one of the easiest ways to update the value of your home via the kitchen. Before you show your house to potential clients, make sure your kitchen is spotless. Clear the counters, remove all personal items and make sure everything is clean.
Perhaps then, the best time to consider kitchen renos that increase the value of your home is when you first buy it. It might sound silly to think of selling your home the moment you get into it, but when it comes to your kitchen, it makes the most sense.
“Functionality is key,” explained Valerie Dumont, design consultant for Construction Danam. “Your kitchen is your social spot, so it has to be both functional and inviting.”
How do you do that?
“Keep it simple, keep it neutral and keep it clean,” recommended Dumont. If you’re building new, stick to neutral countertops and cabinets. Consider adding a kitchen island (extremely popular right now), and keep things bright with lots of natural light or recessed lighting (LED cabinet lights are all the rage, according to Cwik).
“The kitchen is your home’s soul,” Dumont mused, as she looked into her contemporary, open, brightly lit and neutral-coloured kitchen (complete with an island). Make sure you keep your home’s soul looking vibrant with easy kitchen renovations like the ones mentioned above to keep your home’s value high and your guests happy in this social spot.
If you’re ready to find the kitchen of your dreams, visit ComFree.com today.