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 An outdated, cramped, or poorly laid-out kitchen can turn off prospective buyers immediately.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- Replace anything that’s damaged, worn out, or highly outdated.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%.
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.
Greenbrook DesignHomes are a collection of things we love, and sometimes those things can come from places outside the traditional sources, such as your typical home furnishings stores. Increasingly, designers and homeowners alike are discovering the benefits of antique stores. These places, often thought of as the last stop for items no one else wanted, have become a popular shopping stop for those who want to have something unique in their home and enjoy the thrill of “treasure hunting”. More and more design styles are also embracing vintage finds, seeking to blend them together to create something special, such as the grand millennial and mid-century modern styles. Millennials are also enjoying the freedom to branch out in their design choices, creating a home that is customized to their own personality. Antique shopping can be a wonderful way to uncover those special touches that can make all the difference in your home, so let’s explore how to get started and what to do with all of the treasures you find.
Walker WoodworkingMore designers and contractors are incorporating this secondary space into the kitchen to gain square footage and have an area that works as an extension of the kitchen. Let’s dive deeper into what a butler pantry is and what the benefits are for you.
Walker WoodworkingThis is why we have created multiple door profile styles so that each of our clients can find the one that perfectly tells their story to everyone. At times, they are not able to pinpoint one that speaks to them, which is why we offer custom door styles as well. Several of our clients have opted for mullion cabinet doors, which always add a beautiful touch to their space.
