The kitchen is one of the most obsessed about – and valuable – spaces in your home.
The kitchen continues to be one of, if not the most important room in a home, especially when you’re thinking about selling your home. Nothing will attract a buyer quicker (or turn them off just as quickly) as the kitchen. A prospective buyer can look past a small bedroom or an outdated basement, but they may not be able to overlook an outdated kitchen.
This is also why kitchens have become a key component to renovation plans and listings descriptions when selling a home.
So, if you’re thinking about selling your home consider these few tips to drive your property’s value up and what buyers are willing to pay for.
A Trophy Kitchen Will Sell Your Home Faster
All the data proves that the kitchen is the most important room in residential selling and buying. Depending on your zip code, a luxurious kitchen will sell your home faster than similar homes within the same market. An impressive kitchen will almost always make the difference between an average offer versus one that is at or above asking price.
If you’re considering a redesign, remodeling can boost the return on investment in a house. Kitchens tend to generate the highest ROIs. Of all homes listed for sale on realtor.com®, 69% of them tout the kitchen as a selling point in their descriptions, compared to 49% that mention the bedrooms and 21% that mention the living room.
Not every home needs a chef’s or gourmet kitchen, but improvements that make the kitchen the centerpiece of your home – where you love to cook, spend time with family and entertain friends – will definitely add value to your home.
A Small Home Doesn’t Mean a Small Kitchen
Just because you have a small home doesn’t mean you have to have a small kitchen.
Kitchens are no longer proportionate to the size of your home. With open space concepts, kitchens can still be the showpiece of a small home. Affordability and efficiency in design are still keys, but you’re no longer limited to the overall scale of your home when considering a kitchen remodel. By opening up the room and adding features that let in more natural lighting, you can make a small space seem larger and more appealing.
Features That Can Add Big Value
When remodeling your kitchen, consider the following features that will add the most value to your home:
- Custom cabinetry
- A kitchen island
- Specialty lighting
- Granite or quartz countertops
- Large pantry
Investing in your home before you sell it makes sense and can offer a high return on your investment. Studies show that as many as 80% of homebuyers consider the kitchen the most important room in a home. This is why kitchens are the focal point of most home showings. So, if you only have enough money to renovate one room before you put your home on the market, your kitchen is the room to choose. Give JA Kitchen & Bath a call and we’ll ensure that you won’t have to spend a fortune to maximize your home’s value.