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 An outdated, cramped, or poorly laid-out kitchen can turn off prospective buyers immediately.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- Replace anything that’s damaged, worn out, or highly outdated.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%.
Walker Woodworking Home trends and styles change every year as designers track the elements that seem to be gaining popularity and why. While it is not recommended to follow the latest trend simply because it seems like the ideal choice, there are reasons why some trends become popular, eventually becoming a staple in design. 2022 brought several trends in home decor, some of which have been around for a while but are now gaining traction for good reasons. Let’s explore some of the top options on the list so you can understand the benefits they offer and determine if they are a good fit for your home.
Walker Woodworking We know that at the end of the day, it is the details that make a space feel like home. The functional kitchen space is great, and the multipurpose bathroom vanity is a must, but the little things enable every area to reflect you and your personality. There are literally hundreds of ways to utilize accent pieces throughout your home, but one that has been trending for some time is the use of plants, both in your indoor and outdoor spaces. Traditionally, when we think of plants, our minds think of real but faux greenery, and florals have also become popular. Dried is another option that has found its way into the design world.
Greenbrook DesignGiven how busy and chaotic life can be, sometimes we all need a comfortable space to decompress at the end of the day and get a good night’s sleep. While the kitchen and bathrooms may be the rooms that affect your property value the most, showing your bedroom some love could prove valuable. You may be thinking that a bedroom remodel sounds stressful, but it doesn’t have to be. These DIY bedroom remodel tips from Greenbrook Design will help you give your bedroom a makeover while ensuring the process goes smoothly.
Walker Woodworking When redoing a room in your home, several key elements are considered, including color, furniture, and accent pieces. One piece that can often be overlooked or become an afterthought is a rug. Usually, a rug is selected based on something we like about it, or we hate a bare floor and need something to cover it. Rugs, however, are more than just something fuzzy under your feet; there are multiple benefits to having a good rug in your space, but what is a good rug? Let’s discuss what you need to know when buying a rug for your home.
Walker WoodworkingOutdoor spaces are trending this year as homeowners realize the amazing potential they hold, as well as the value they can add to their property. Having an outdoor area also means you have additional square footage for your family to use for various purposes.
