People spend a lot of time in the kitchen, which is why it’s considered one of the most important spaces in your house. A great kitchen is a great asset if you plan on selling. However, if your kitchen is outdated or nonfunctional, it could lower the sales price of your home.
Fortunately, there are easy ways to improve the kitchen in order to increase the value of your home. Boost your home’s value with these 10 kitchen renovations:
Homeowners often change the color scheme in their kitchen in an attempt to attract buyers. If you plan on changing the color scheme, paint your kitchen in neutral colors. Most buyers are turned off by bold and bright colors in the kitchen, so stick with whites, greys, and creams with just a few color accents.
Refresh the Cabinets
Your cabinets can make or break the look of your kitchen. If your cabinets look outdated or worn down, there are ways to refresh them without paying for them to be completely replaced. For example, changing the hardware is an inexpensive and easy way to make the cabinets look more modern. Applying a fresh layer of paint to the cabinet doors can also make a huge difference.
Upgrade the Fixtures
Replacing the faucets can instantly make the entire kitchen look sleeker and more sophisticated. Gooseneck faucets with detachable spray heads are perfect for the kitchen. This style has a high clearance so more can fit in the sink. Plus, the detachable spray head makes it much easier to do dishes. Upgrading to one of these fixtures makes the kitchen more functional, which will certainly increase the value of your home.
Build An Island
Most buyers are looking for a kitchen with a large island, so adding this feature can significantly increase the value of your home. An island is a desirable feature because it creates more storage and counter space in the kitchen. Adding an island is one of the more expensive renovations on this list, but it’s well worth the price.
Create A Seating Area
A kitchen island can also be used as an informal seating area, so after it has been built, add a few bar stools or chairs alongside it. Make sure to measure the height of the island prior to purchasing the chairs so you know how tall the chairs need to be to ensure people can sit comfortably in this area.
Put the finishing touches on your new kitchen island by hanging pendant light fixtures over it. It’s best to have two to three lights hanging over the island. This should provide enough light to highlight your beautiful island and make it the focal point of your renovated kitchen.
Install A New Backsplash
Adding a backsplash can make the kitchen more aesthetically pleasing and functional, which is why it can increase your home’s value. There are many different design and material options, but you can’t go wrong with a neutral-colored subway tile backsplash. Some homeowners love the look of a monochromatic backsplash, but don’t be afraid to pair two different neutral-colored tiles together. You can also put the tiles at different angles to create visual interest.
The important thing to remember is that trends change, so while it’s a good idea to go with a type of tile or color scheme that’s popular while your home is on the market, also consider what styles will be able to stand the test of time without becoming “dated.”
Repair Broken Appliances
Homeowners should take the time to repair broken kitchen appliances before selling their home. If an appliance is broken, the buyer’s inspector will find out while examining the home. At this point, the buyer could either ask you to make the repairs or lower the sales price of the home to account for the cost of repairs. This can be a major headache, so it’s better to make the repairs now.
Choose Matching Appliances
Buyers prefer homes with matching kitchen appliances. If your appliances do not match, you should consider replacing those that are not like the rest. It’s also possible to replace doors or panels on some models, which is far less expensive than replacing multiple appliances.
Organize the Pantry
Buyers want as much storage space as possible in the kitchen, so having a pantry with a significant amount of space can increase the value of your home. Homeowners can maximize pantry storage space simply by organizing it. Trays, baskets, and lazy Susans allow you to use the space in your pantry more efficiently, which is appealing to buyers.
Completing the renovations on this list can transform your kitchen, improve its functionality, and most importantly, increase the value of your home. Even if you’re not planning on selling in the near future, investing in these renovations will ensure your home sells for the highest price possible when the time is right.