How to Add Value to Your Home with a Kitchen Remodel

One of the easiest and most practical ways of adding value to a home is by renovating the kitchen. It not only makes your daily living more enjoyable but can also add much value to the house when the time comes to sell it. RenoMississauga.com shows you different ways to  get the most out of your kitchen renovation project. 

First of all, it is crucial to understand what level of profit a homeowner can get in kitchen renovation. Minor kitchen remodels produced a 71.2%  return on investment (ROI), and midrange major remodels had 56.1% average ROI. Basically it was discovered that for every dollar spent on a minor kitchen renovation, you can get 71 cents back in overall home value. These figures, however, may differ with your geographic region and individual project, but these are suitable for estimation purposes when planning to renovate your home.

Kitchens are a popular selling feature so ensure that you complete any remodel with the aim of attracting most prospective buyers into the house. This involves replacement of old fridges, changing old furniture and investing on new countertops. There is nothing like energy-efficient appliances since they are both aesthetic and economic to use or operate in the future for the new homeowners. It may be useful to include a kitchen island if there is available flooring area because outcomes show that storage and seating are often valued by clients.

The type of lighting used in the kitchen is very important when it comes to the making of a warm kitchen.   Replacing the current fixtures with LED can also bring more light into the room while also conserving the energy. Cabinet lights under the specific cabinet counter work as both utility and aesthetic features by lighting up work surfaces and providing warmth. Do not neglect natural light – consider expanding the window or adding  a skylight to get the sense of openness.

Other crucial features in a kitchen remodel are the floor. Tiles and luxury vinyl plank are common choices for flooring that’s hard wearing as well as easy to clean for high-traffic areas and accidental liquid spills. As much as they are a bit pricey when compared to their synthetic counterparts, there is no better substitute to the appearance of elegance that hardwood flooring offers.

When it comes to colours, the experts of RenoMississauga.com always recommend using more strict, calm tones for most noticeable details such as cabinets and countertops. This helps people, who are interested in buying them, to imagine themselves into the space. Some components are much easier to replace, and this includes the backsplashes, window treatments, and accessories that you can pop on a burst of colour.

Organization and storage are getting more important to homeowners in general, making the intelligent use of storage an ideal way to boost the selling points of your kitchen. Think about pull out cabinets, a cabinet pantry with provision for slide-out shelves or even a built in wine rack where possible. All these features not only improve functionality of the kitchen but also demonstrate its possibilities for an interested buyer.

Although you may desire to maximize on the appearance of the new kitchen design, there is always a limit which should be within your home’s worth. Overall, it is believed that to maximize the market return, one should spend about 5% to 15% of the house’s worth on a kitchen renovation. It is unwise to spend too much on luxurious finishes in a small house.

To sum up, you should note that a kitchen remodel involves more than the physical appearance of the kitchen — it has to do with utility as well. Think of the ‘work triangle principle, a measure that helps determine the efficient circulation between these three major elements, namely the stove, sink, and refrigerator. Organization of a well planned layout can enhance use of the kitchen and its aesthetic appeal to potential buyers.