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Remodeling Your Kitchen For Resale

A Kitchen can easily turn the buyer away from a house or do the complete opposite. This is why it is important to have your kitchen looking fantastic for any potential buyers. A stunning attractive kitchen can indeed make your home truly irresistible. It is ideal for your kitchen renovation to earn a 70% ROI after you have sold your house. However this is all dependent on which features you choose for your kitchen and the amount of money you spend renovating it. Along with this it is crucial to remember that you should always try and remodel the dream kitchen for potential buyers instead of your own personal preferences.

Remodeling for resale involves choosing the correct materials and features which will appeal to the wide audience. For example you should choose high quality stainless steel appliances, soft close cabinet drawers and pantry drawers. Always try to do your best to impress the potential buyers and don’t waste money on something unique that only you would like in the kitchen.

One of the most common mistakes that homeowners make is spending too much money remodeling the kitchen. Always spend the correct amount which your home value can actually support. In general you could probably expect to spend between 6% and 10% of the overall home value to get the optimum results.

In some areas you might actually need to list the correct brand of refrigerator at specific addresses. If you don’t do this you could actually devalue your property. Roberta-Bauer-Kravette of Nieuw Amsterdam Kitchens explained that “The wrong appliances for the area can bring down the perceived value of your kitchen and property.” Of course you are going to have your own personal ‘wants’ but you need to remember the most important thing is the nice ROI. Every penny counts and even if some appliances are a little outdated you will need to consider if it is worth replacing. This can be one mighty dilemma as replacing everything will refresh the look of your kitchen and make it much more up to date. On the other hand you are gonna have to spend a lot of money to do this.

Here are 6 tips you should follow to make your kitchen appeal to potential buyers:

1. Speak to a real estate expert and ask your local estate agent about some of the must-haves for a kitchen in your neighborhood. This could be a certain brand or color. Try and work out what really attracts buyers and also what exactly repels them.

2. Keep things simple and natural. This is a vital tip you should really remember as it could make or break the sale of your home. Make sure you keep the color scheme and style neutral. This can easily be achieved by choosing surfaces which blend in with a variety of styles. Keep things subdued and ensure everything matches well. Simplicity is key here.

3. Avoid anything out of the ordinary and too extreme. Don’t go for cabinets that cost $10,000 because you are just digging yourself a hole and lowering your profit. Of course you can’t just buy everything as cheap as possible but that doesn’t mean you have to spend more than is necessary.

The open floor plan. If you have quite a large budget for your kitchen renovation then it could be worthwhile knocking out some of the walls. This would allow the kitchen to ‘air out’ towards other parts of the house.

Add some features that stand out. Try and impress the buyers by having extra drawers, stone countertops and special lighting. Lighting is a great way to improve your kitchen and many people love the modern style. Don’t go overboard though.

Choose granite! It doesn’t matter what type of home you have, buyers absolutely love granite countertops. At least use a countertop that looks like granite if you don’t want to spend too much because it can be very effective. It is highly recommended that you shop around for granite as some companies offer some fantastic deals.

If you follow these steps then you should be able to achieve a respectable ROI sell a fantastic looking home. Don’t forget to make sure you don’t over-spend though as that can really make things harder for you.



This post first appeared on Home Remodeling - Modaa Construction, please read the originial post: here

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Remodeling Your Kitchen For Resale

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