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 An outdated, cramped, or poorly laid-out kitchen can turn off prospective buyers immediately.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- Replace anything that’s damaged, worn out, or highly outdated.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 DesignColor is always a fun element in design, one that can affect the mood or change the style of the room. Each company’s choice is beautiful and offers a variety of options for everyone. Don’t be afraid to try something new, you never know, but you may like it so much it will become the new favorite in your home.
Walker WoodworkingA new year means new opportunities to accomplish what’s been on your to-do list, including that home renovation. As we prepare to move into the new year, let’s discuss some of the design trends that are being predicted by those in the interior design world.
The right light can do much more than just illuminate a room. It can create a more inviting atmosphere in the room and give the illusion of a larger space. When selecting lighting for your home, there are multiple factors to keep in mind, such as size, amount, and placement. Since it is an essential part of designing an area, we thought it would be helpful to share five key considerations when selecting your lighting.
Walker WoodworkingOne of the main questions asked during the design meeting is what color the owners want for their kitchen cabinets. Were they looking to do a natural wood or a color instead? While many will opt to do the wood, many enjoy adding a splash of color to their kitchen or mixing and matching. It is a great way to break up the area and create a focal point, but with so many options available, how do you know which one is right for you? While it is up to you in the end, there are three colors that have stood out for some time and will most likely continue to do so. White, gray, and blue remain high on the selection chart, so let’s talk about these popular colors and why they may be the right fit for you.
Walker WoodworkingWhile the kitchen was often viewed as the place where food was merely prepped and served, it has transitioned into a command center as people gather to talk or enjoy a snack while getting some work done. Layouts have slowly shifted to accommodate this change, which has produced the open concept. This floor plan allows families to stay connected even when they are doing things in different areas of the home. While not as popular as it was in the 1990s and early 2000s, many families still choose this floor plan because of their desire to stay close to their family and guests. Today, we want to discuss the open floor concept, the elements that make it up, and if it is the right fit for your family.
