4 KITCHEN RENOVATIONS THAT WILL INCREASE THE VALUE OF YOUR HOME
Are you thinking about selling or renovating your home? Increasing the value of your home is something that all homeowners consider before willingly or reluctantly beginning a home remodel. While it may seem intimidating, improving the equity of your home shouldn’t be viewed as an impossible and daunting task. Creating the perfect home for you our potential buyers is easier than you think. However, there are a few important things you may want to consider to prevent your budget from becoming a burden.
WORTHY UPGRADES
NEUTRALS
Neutral colors are a surefire way to guarantee the long-term value and equity of your home. While trends and tastes change, neutrals will always have a universal appeal. Neutral tiles, kitchen countertops, kitchen cabinets and surfaces have a modern appeal that is sure to increase the value of your kitchen. And if you’re ever feeling eclectic or in need of change, then you can always accessorize your kitchen with different colors and styles of glassware, dishware and décor. Swapping paint color is another cost-effective way to change your kitchen’s overall aesthetic without going over budget.
TOP-SHELF APPLIANCES
Choosing the right appliances and finishes is essential to cultivate a rich and rewarding renovation. New stainless steel appliances usually require little construction and almost the entire cost of the unit goes right back into the overall value of your home. If you’re looking to invest in your own home, then you want to start with your appliances. Devices with stainless steel facades and ubiquitous finishes are sure to add a flair of sophistication to your home. To create the most professional look possible, it’s best to replace all of your appliances at once, if possible.
COMPLIMENTS TO THE CHEF
The popularity of television chefs has precipitated a new trend in home kitchens. The lofty desires of foodies and amateur chefs have transformed contemporary kitchens into more useful, utilitarian spaces. Electric stoves are out and gas is in! Double ovens are also back in style, offering conventional practically with a bevy of new features and modern functionality. Air fryers have also become a modern luxury for your home. Offering the same quality without the mess and fuss of a traditional fryer, air fryers are a great solution for any homeowner who’s trying to impress their guests or increase the value of their home. Some ovens even offer an air frying setting, so be sure to invest in an appliance that offers all of the modern amenities your home requires.
GREATER SPACE
Large kitchens with open layouts are what every homeowner and buyer is looking for these days. And while major renovations can be expensive, knocking out a wall can be an incredibly cost-effective and dramatic solution for your cloistered kitchen or dining area. Adding a window is another great way to give the illusion of more space and functionality. After all, kitchens are used in a different today than when homes were first designed. Nowadays, the kitchen isn’t just a versatile and useful space, but it’s the heart of the home, and it’s where you’ll spend a majority of the time with your family. So many homes now are designed around the kitchen because it becomes the heart of the home. Make sure to design enough room for all of your loved ones.
PRICEY INVESTMENTS
STATEMENT FIXTURES
Now, let’s talk about the more expensive stuff like lighting and light fixtures. Expensive fixtures like chandeliers can be a reflection of your personal taste and style and could be a potential turn-off for prospective buyers who don’t share your same taste. Instead, consider putting that extra money into appliances and materials that have a higher resale value.
TOO TRENDY
One of the costliest mistakes that homeowners often make during a renovation is trying to follow the trends. Trendy materials and styles are often overpriced because they’re sought after and fashionable. However, the trends of today will almost certainly be different in a year from now, so don’t go allocating a large portion of your budget to something just because it’s popular and contemporary. If you want to get the most bang for your buck, then try to choose a color palette and furnishings with a more timeless and classic quality versus something that’s trendy and ephemeral.
UNNECESSARY EXTRAS
Most homeowners have big plans for their new homes. That’s why it’s a bad idea to install superfluous add-ons if you’re trying to increase the overall value of your home. Built-in coffeemakers, hibachi grills, and other permanent installations are actually more likely to decrease the long-term value of your home because potential buyers will see it as something that needs to be replaced or removed upon purchase. You’ll want your home to be as adaptable as possible that way it leaves buyers the ability to see its potential.
Following your heart is always a best practice when you plan on living in your home for an extended period of time. However, if you decide that you’re ready to move in the near future, and you’re concerned with the resale value of your home, then remember that your eclectic tastes may not be the same as the next person who’s lucky enough to inhabit your home. Choosing timeless materials, nuanced hues, and efficient hardware is always the best way to maintain and improve the value of your home.
For more inspiration or ideas for timeless fixtures for your home remodel visit vigoindustries.com and let us know in the comments what your biggest DIY renovation project has been.