Kitchen Changes That Pay YOU Back…
Of all the rooms in your home, the kitchen recoups the most value on resale. According to the 2007 Remodeling Magazine “Cost vs Value” report, a minor kitchen remodel recovers 83%, while total home renovations recoup about 70%. Why? Because families spend so much time in their kitchens, they want style and functionality that suits their needs.
Laminates, while vastly improved over the years, is considered passé and low end. Granite is the new standard and people are more than willing to pay for upgraded counter surfaces. In many cases, people are now looking beyond granite for a more unique expression and look. Consider quartz, slate, soapstone, metals and “green” materials made from recycled glass, bamboo and even paper.
Wood is always a good choice for cabinets and floors. Pick stains that aren’t too dark or too light, as they tend to have greater appeal and are less trendy.
Cabinetry that is mid-priced (not extremely high-end, or cheap) provides the best return at resale, while offering many amenities to make your kitchen work better. Roomy cabinets that offer flexible use and built-in organizational accessories are also a plus.
If you have room, kitchen islands are convenient and help create a work triangle that’s appealing and efficient.
The Kitchen Sink
Stainless steel is a safe choice for sinks as well as appliances. Instead of a double bowl sink, try a single bowl with dual dishwashers as people don’t wash and rinse like they used to. Adding a second sink will boost appeal and functionality. Cast iron or farmers sinks allow you to add a unique touch to the kitchen. It’s your kitchen, so go bold if you like, though soft or neutral colors are easier to work with. Make sure the style and color of the sink fits with the overall design and look of your new kitchen.
Attractive faucets that are high enough to fill large pots are a wise choice. Most homeowners expect a pullout or pull-down faucet.
A walk-in pantry adds appeal to prospective homebuyers. They are also willing to pay extra for crown molding on the cabinets, under-cabinet lighting, wine coolers, professional grade appliances and pot fillers over the stove.
A hidden or wall mounted TV is something that will be more attractive with each passing year. Families can picture having family pizza night at the movies, etc.