Why Kitchen Renos Mean Great Resale Value

Why kitchen renos increase resale value

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Investing in the kitchen offers great resale value. There are numerous reasons to spend the money on renovating the kitchen – it’s a justifiable expense because it can help you to sell a home at the best possible price. Why? Because beyond personal taste, an updated kitchen will appeal to potential buyers.

You can  rest assured that the return on investment for a kitchen reno is between 75% and 100%. There’s no doubt that by taking on this type of renovation, it pays off. Here are some very valid reasons as to why kitchen renos mean great resale value.

Consider your target audience

As you are renovating to improve your chances of selling, you should think of those who may be interested in your home. Their lifestyle as well as the number of occupants who will be living there are fundamental things to consider. Ask yourself these questions:

• Is the kitchen a space that is essentially functional or usable?

• Is a breakfast counter appropriate for an island?

• What layout is needed for the kitchen? I, U, L, or G?

The answers to these questions will help you make the best decision when it comes to investing in the kitchen for great resale value.

Develop a plan tailored to your home

The main trends in architecture and design can also inspire you, like “the hiving,” which has gradually replaced “the cocooning” (“hiving” refers to the activity that takes place in and around the kitchen, which has become the main activity hub of the home).

To compete in the market, you should also get an idea of the types of kitchens that are being offered in current homes that are for sale in your neighbourhood. Look through the photos on DuProprio to get an idea of what’s out there.

Once these elements have been considered, choices need to be made according to what best suits your home itself. If a newly renovated kitchen with a lot of modern style clashes with the rest of the house, which is traditional, then choose a more classic kitchen look. If you need expert advice, don’t hesitate to seek the guidance of an interior designer or home staging specialist.

Look for beauty and good value

Despite the fact that investing in the kitchen offers great resale value, you probably don’t want to inject a small fortune in a property that you plan on selling. After all, you will soon have the expenses associated with your new home.

Because of this, choose products and materials that provide good looks at a reasonable price and quality ratio. Wood and granite have a unique charm, but some modern finishes also give excellent results – and for a fraction of the price. You can always find quality materials at acceptable prices.

Smart choices means your efforts will be rewarded

By taking these guidelines into consideration, you will undoubtedly succeed in making your kitchen look updated and stylish. Investing in the kitchen means you could find yourself selling the property quickly and at the best possible price.

If you plan on selling or buying a home, visit DuProprio.com today.

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