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 An outdated, cramped, or poorly laid-out kitchen can turn off prospective buyers immediately.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- Replace anything that’s damaged, worn out, or highly outdated.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 Design Home improvement spending is surging as homeowners take advantage of low-interest rates to tackle overdue projects. However, homeowners aren’t spending their remodeling dollars recklessly. They’re investing in projects that save energy, add value, and make their homes more comfortable, functional, and livable.
Whether you plan to sell in the coming months or are simply ready for an upgrade, you’re probably wondering which home improvements will pay off in 2021. Let this information from Greenbrook Design guide you as you prepare to remodel your home.
Greenbrook DesignNow that it’s summer, you may have forgotten about your New Year’s resolutions to keep your home organized and embrace a more minimalist home interior. As you take a look around your home, you may even start to notice miscellaneous papers strewn across the counters, or knick-knacks you can’t remember buying cluttering up your shelves. With a new season about to begin, there’s no better time than now to clear the clutter and start fresh.
Our very own hometown talent, nationally recognized photographer Randy McNeilly, has earned multiple prestigious awards for his exceptional artwork—proudly on display in the Greenbrook Design showroom.
Will kitchen islands go out of style? The answer is no. The kitchen island is often the focal point in the kitchen and one of the most sought-after features in a kitchen renovation; in fact, it is one of the most versatile areas in the kitchen. Need a place to do some homework? How about a family dinner or brunch? Looking for a surface where you can spread out when cooking? Some extra storage for large pots and mixers would be nice, too. All of this and more can be accomplished with a kitchen island; some might even call it a mini kitchen within the kitchen. This flexible workstation can be created to reflect any style, accommodate any size, and suit any need. Today, we want to answer some common questions about the kitchen island, explore the benefits, and explain why it will never go out of style.
As the COVID-19 pandemic slowly comes to an end, you may be ready to update your home and make a few changes. Perhaps being stuck inside during lockdowns gave you time to identify areas that needed cleaning, upgrading, or other home improvements. If you want to start rebuilding your house but aren’t sure how to get started, see how these tips can help, brought to you courtesy of Greenbrook Design.
