There are many reasons for wishing to renovate your kitchen, least of which is the sale of your home. This very specific reason, with justifiable incurred costs, greatly influences the choices you make for a renovation project. The reason is simple – along with your personal tastes, you must also appeal to potential homebuyers.
It helps to know that the return on investment for such work amounts to between 75 and 100%. Revamping your kitchen pays. However, it must be done properly.
It is a known fact that in homebuyers’ eyes, the kitchen is the most important room in a home. Just think of the time you spend in the kitchen…From cooking meals to the never-ending washing of dishes. It is also a favourite hangout for family and friends. If your kitchen is welcoming and functional, it will easily win the heart of a potential buyer! To make this happen, here are a few professional recommendations.
Think of your target homebuyer
As you’re renovating to optimise your chances for selling, it is wise to consider those likely to be interested in your home. Lifestyle and number of dwellers are fundamental considerations. You may also ask yourself the following questions:
- Will the kitchen be a mostly functional environment, or will conviviality be an important element?
- Is a breakfast counter more appropriate than an island?
- What kitchen design is best? Island, U, L or G-shaped?
Of course no one has a crystal ball, but these questions will help form your ideas and could instigate decisions that make all the difference. Architectural and design trends, such as hiving, which is gradually replacing cocooning, could also be of inspiration. The word hiving makes reference to the nature of a hive, favoring an open concept for the common spaces in a home.
To be competitive on the market, you must definitely have an idea of the types of kitchen in the houses for sale in your neighborhood. A perfect excuse to browse through pictures of real-estate for sale!
Once you have considered all angles, you must then adjust your choices with what best suits your house. A newly renovated kitchen that clashes completely with the rest of the house is indeed undesirable. Ask an interior designer or home-staging specialist for guidance with your choices.
Beautiful, right, and affordable!
Despite the staggering proportion of return on investment for a kitchen renovation project, you don’t wish to invest $ 50, 000 either. After all, you’ll soon have a new house to revamp as well!
In this regard, choose products and materials that give an impeccable look but that might not necessarily last forever. Wood and granite undoubtedly lend a unique charm, but certain finishes offer almost the same allure for a fraction of the price.
Unless you’re dealing with a luxury home, you’ll definitely do well finding quality material at reasonable prices. Check out department stores, they’re usually flowing with wonderful discoveries!
Smart choices, rewarding efforts
By considering the above guidelines, you’ll definitely succeed in the renovation of your kitchen and increase the chances of selling your house. This improvement could be your best decision!
In collaboration with Napoléon Boucher, EBSU’s Executive Director.