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 An outdated, cramped, or poorly laid-out kitchen can turn off prospective buyers immediately.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- Replace anything that’s damaged, worn out, or highly outdated.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 DesignAt Greenbrook Design, we specialize in taking the dysfunctional to the functional level. Your home is meant to be a place of rest, where you can look forward to coming home and just unwinding. Today, we want to share a few of our best tips that will help you receive the wellness you and your family need.
Walker Woodworking The kitchen is undeniably the most used area of the home, whether it is making the morning coffee before heading out the door, making the kids a snack when they come home, or sharing the day’s events as you make dinner. It is the central hub of the house, and where everyone can just relax. This also means that there is a lot going on, making it important that things have a place and stay there. There is nothing worse than a kitchen that is messy, cluttered, and dysfunctional. We wanted to share some organizational tips and helpful tricks that can help you organize your kitchen.
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.
