DESIGN NOTES
The kitchen should be top if you consider home renovations to boost your property value. A well-designed, updated kitchen can significantly increase your home’s return on investment (ROI) when you decide to sell. Here’s why a kitchen remodel is worth the investment:
Cabinetry, kitchen, and bath upgrades are among the most impactful renovations when it comes to ROI. These areas are central to a home’s functionality and aesthetics, making them key selling points for potential buyers. Upgrading cabinetry, countertops, and fixtures can modernize a home, increasing its appeal and value.
Kitchens Sell Homes
The kitchen is one of the most important rooms for homebuyers. It’s the heart of the home, where families gather to cook, eat, and socialize. An outdated, cramped, or poorly laid-out kitchen can turn off prospective buyers immediately. On the other hand, a beautiful, functional kitchen creates a huge selling point that can make your home more competitive.
High ROI Potential
Remodeling your kitchen often recoups a large percentage of the renovation cost at resale. According to Remodeling Magazine’s Cost vs. Value report, a mid-range kitchen remodel recoups over 70% of its price on average upon selling the home. High-end, upscale kitchen projects can recoup around 60% of costs. These ROI percentages are among the highest of all home renovations.
Increases Home Value
Even if you’re planning to wait to sell, an updated kitchen adds tangible value to your biggest asset – your home. It boosts your equity and makes refinancing or taking out a home equity loan easier if needed. Plus, you get to enjoy the remodel benefits while living there.
To maximize your return:
- Focus kitchen updates on features that appeal to buyers, like new appliances, countertops, cabinets, sinks, lighting, and flooring.
- Replace anything that’s damaged, worn out, or highly outdated.
- Keep the layout functional and incorporate modern design elements without going overboard on customization that limits broad buyer appeal.
- Stick to mid-range materials and finishes versus ultra-high-end for the best cost vs value ratio.
Kitchen Remodel:
According to the National Association of Realtors, a minor kitchen remodel can have an ROI of 81%, while a major remodel can have an ROI of 59%.
Greenbrook DesignEvery home has a story, and it is mainly told through interior design. Each element plays a part in conveying what matters most to you and reflects a part of your personality. Over the years, an increasing number of individuals have stepped outside the traditional design box and incorporated elements that hold meaning for them or are connected to a cherished memory. This shift has led more companies to expand their product line to include unique items made from various materials. Designers have followed suit and are looking for ways to deliver a tailored look for each client. These results sometimes give rise to interior design trends, and 2023 has some fun and elegant ones. Let’s see if any of them interest you as you prepare to hit the refresh button in your home.
Walker Woodworking It’s a New Year, a new you… But does your resolution list include some remodeling? If it does, it’s probably best to start with your kitchen – from the floors and work your way up. Kitchen floors are often victims of damage throughout the year, and now is the perfect time to give them a fresh new look. Let them shine like you’re going to the following year! There are numerous flooring options to consider for your new kitchen. So, if you don’t know where to start, we’re here to help!
Greenbrook DesignOne of the most exciting and anticipated times of the year has arrived, as numerous paint and design companies announce their Color of the Year choices. Designers and manufacturers alike look forward to this pronouncement as it provides inspiration and even direction for the coming year. Many companies use these colors to shape the new products that will be released in the coming year, and homeowners often enjoy incorporating them throughout their homes for added enjoyment
Paint companies like Sherwin-Williams have already announced their amazing Color of the Year choice, Redend Point, which draws from nature’s calm color palette. Benjamin Moore’s choice of Raspberry Blush, though, is closer in shade to the color selection made by the one company everyone in the fashion world looks to, Pantone. Designers and manufacturers alike waited with eagerness to hear Pantone’s color of the year announcement, and for 2023, their choice was Viva Magenta, a color described as a “crimson red tone that presents a balance between warm and cool. This hybrid of red and pink is a reflection of our current world’s relationship of living in both a physical and digital world. More and more homeowners are learning to blend their work and home lifestyles, which have become deeply entwined over the last couple of years. We know that color is much more than a splash of paint on a wall or cabinet; it speaks a language all its own, something Pantone seems to grasp and express well. So what influence will 2023’s Viva Magenta have on us? Let’s explore the answers today.
Greenbrook DesignWhen you first moved into your property, you took the time to come up with the perfect design for a space you’ll call home. However, over time, circumstances change, and so do people. And, now, you’ve found yourself in a situation of wanting to change things up a bit. If you’re wondering how to tell it’s time to redesign your home, sit tight and let us walk you through all the major signs.
