Kitchen Updates That Are About to Change Your Property Value

 

 

 

Are you looking forward to listing your house for sale? First, ensure it has all the improvements buyers often look for. In this case, kitchen updates are mandatory.

A modern, functional kitchen can significantly increase your home’s value, just as a top-notch deck or pool do. According to Better Homes and Gardens, if you invest in a kitchen remodel, you are likely to earn a return of about 52 percent. Nonetheless, this depends on what you are to change or enhance. You might expect a higher return on investment (ROI) on a major remodel, but things are different in reality. A minor but smarter renovation can offer a much higher ROI. New cabinets and up-to-date fixtures are among the most sought-after improvements home buyers are chasing. So, in some situations, changing the layout or structure of your kitchen is not that necessary. It is normal to get a higher ROI on a minor upgrade that brings the same result as a major upscale one.

There are several aspects to consider when renovating your kitchen for sale. To make your job easier, we have compiled a list of recommendations that we hope will help you on the road.

Photo by Rosana Solis from Pexels

Install a Kitchen Island

The kitchen has become more than a room for cooking - here is where all family members gather and spend quality time together, where kids do their homework, or where important business meetings take place. Suddenly, the need for a more expanded work area and storage has never been greater. Fortunately, a kitchen island is a response to all these matters. Home flipper and real estate investor Donald Olhausen believes adding a kitchen island is one of the most practical and effective ways to enhance the room’s value. So, if you plan to sell your property, this is an excellent point to consider and start with.

Apart from adding character to a kitchen, an island implies more storage and counter space, a sought-after feature by avid cookers. A kitchen island can even give the illusion of a bigger space, a much-valued aspect among home buyers. However, an island is not an insignificant investment; if you wish to integrate such a jewel into your kitchen, expect to spend between £3,600 and £4,500 on materials and approximately £3,000 on labour. The ultimate cost varies depending on whether the island will comprise electrical and plumbing.

You could also opt for a prefabricated kitchen island, but a bespoke one would add more home value.

Replace, Paint, or Update Cabinets

Cabinets are the first thing anyone crossing your threshold will see, so make them worth it. So, if you are about to ask for an offer, first ensure your kitchen cabinets are in a (not good) exceptional condition. Some cabinets may be functional enough not to be replaced entirely with new ones, so you may have to just reface or paint them. Whether updating cabinets, changing them out, or simply painting them, this is a safe and sound manner of breathing new life into your kitchen space and increasing home value. 

The costs for this upgrade will depend on your focus; if you will only renew hinges, drawer pulls, or other hardware elements, expect to spend only about a couple hundred pounds. Repainting, on the other hand, costs more, but if done impeccably, it can enhance the value of your house considerably. Depending on the type of paint and total surface area of the cabinetry, expect to invest between £2,000 and £3,500. It might sound much, but imagine the ROI you would get on this kind of improvement.

If none of the above-mentioned methods is helpful, you can eventually replace your cabinets. It is, indeed, the priciest (and least expected) option, but if this is what needs to be done, then go for it. Plus, you have a range of cabinet options to choose from. Instead of taking this purchase as a bank broker, think about it as an opportunity to completely change the design of your kitchen and adopt a brand-new trend. You can find kitchens of all shapes, colours, and sizes, so if you are a bit pessimistic about this aspect, type into your browser “London kitchens” - plenty of companies sell unique characterful cabinets.

Upgrade Appliances

Appliances play a decisive role when selling a home, as they add functionality and practicability. But when they are poorly functional, old, and outdated can break not only the kitchen’s design but also the deal. Increasingly more buyers are interested in top-of-the-line appliances, and when these are not as expected, there are greater chances for buyers to skip your home. Everything from refrigerators and ovens to dishwashers is a worthwhile investment.

People spend way too much time in their cooking rooms to want to deal with outdated, low-performance appliances, so consider this the supreme argument according to which you have to invest in top-notch appliances. Stainless steel is one of the most elegant materials and a go-to option for numerous householders, so if you do not want to place yourself at risk, consider stainless-steel appliances for your kitchen remodel.

No matter the size of your home, top-rate appliances will always be a big selling point to any buyer.

Consider a Modern Tile Backsplash

Backsplashes may not be imperative, but they are a sure-fire way to increase your kitchen value. You can opt for a tile with a geometric design and a fabulous colour palette that aligns with your newly bought or painted cabinets. If you want to add more drama and personality to your cooking space, consider choosing similar colour tones with your island or countertop. Backsplashes enhance the kitchen design and boost the space’s utility as they prevent food remains and dirt from getting on your walls. Buyers will appreciate such detail and certainly put down an offer. After all, it is all in the details.

Some other ways to achieve a great design and increase property value include:

 - Install up-to-date kitchen sink and faucet
 - Add a multipurpose work area
 - Install suitable, modern light fixtures
 - Replace countertops