How a Kitchen Remodel Can Greatly Increase Your Home’s Value

kitchen remodel

When you’re looking to prime your home to sell, the kitchen is a great place to start when tackling projects that’ll increase your home’s value. The ROI of a smaller kitchen renovation project hovers around 81%, while for a major upscale remodel it’s closer to 54%. However, you’re also likely to get some great enjoyment out of the new space yourself before you decide to sell, further adding to the value of the remodel. Below, we’ll discuss some of the most popular kitchen remodels that will greatly increase your home’s value.

1. Update the Countertops

The countertops set the stage for the rest of the kitchen, and outdated or damaged countertops are an immediate turn off for a potential home buyer. Quartz is a great and popular choice for countertop upgrades, as the material is beautiful and low maintenance. Because the material is nonporous, you’ll never have to worry about how to clean quartz countertops, since they naturally fend off bacteria.

2.Install a Backsplash

A backsplash is a DIY project that you’ll probably be able to table on your own. Tangible benefits of a backsplash include protection from the splatter of cooking and prevention of food odors from seeping in. A beautiful splash will also add a focal point to a kitchen and give you a place to incorporate open shelving, color, or any other design elements that suit your personality. There are tons of tiling options to choose from, and you’ll probably be able to install it on your own.

kitchen remodel roi

3. Swap out the Hardware

This project couldn’t be easier! Swapping out cabinet and drawer hardware that’s outdated or clearly shows signs of wear will instantly make the space look cleaner and more modern. When it comes to the cabinets, many remodels include the addition of soft-close cabinet hinges as well as new knobs.

4. Refinish the Cabinets

Replacing cabinets altogether can be a costly undertaking, so many remodels opt into just refinishing or repainting them to give the space a facelift. It’s also a great time to switch up the color or finish if you’re looking to replace the countertops as well. Consider trending cabinet colors such as darks or pops of color in contrast to traditional acrylic solid surfaces.

5. Replace the Appliances

Replacing the appliances while staying in your budget is essential. If you aren’t able to spring for a full set of stainless steel appliances, designers recommend making sure all of the appliances match (whether they’re black or white). However, if you’re making the switch to all stainless, opting for Energy Star rated appliances will give the kitchen an added boost as potential homebuyers will reap the benefits of lower energy bills throughout the year.

6. Add Aging in Place renovations

Adding aging in place features will instantly boost the value of your home for those who are middle-aged or are looking for a home to age in. In the kitchen, these features could include a pullout pantry, rounded countertop edges, handrails, or opting for a shallow sink.

Remodeling your kitchen is a great way to increase its value to potential home buyers. Whether you’re looking to sell in the near future or further down the line, these remodels will pay off!

 

Matt Lee is the owner of the Innovative Building Materials blog and a content writer for the building materials industry. He is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that save money, improve energy efficiency, and increase property value.

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