The kitchen should be given priority when considering renovations because it is used more frequently than any other area in your home. Does remodeling the kitchen raise the value of a house? Yes, the kitchen is an excellent place to make improvements that will increase the overall value of your house. Kitchen renovations prioritize improving usability and livability, so your newly renovated kitchen should improve your quality of life and make your life simpler.
How to Boost Return on Investment for Kitchen Renovation
There is really only one possible drawback of a kitchen makeover, aside from the momentary inconvenience of a disassembled kitchen: the possibility of a poor return. A kitchen makeover is worth giving priority to, according to the Remodeling 2022 Cost vs. Value Report, with a projected ROI of 71%.
To guarantee that your kitchen makeover is affordable, it is a risk that is readily avoidable. Here are some strategies for raising the return on investment from your kitchen renovation:
-
Cabinets and Countertops
Cabinetry is available in a broad variety of designs and pricing points, like most kitchen elements. Some of the most important choices when organizing the kitchen remodeling project are whether to replace or just paint, do it yourself, or hire a professional.
A costly undertaking in a kitchen redesign is replacing outdated laminate counters with engineered stone, possibly the most popular option today. Because each kitchen countertop material has a varied level of durability, upkeep, cost, and possible resale value, it’s crucial to thoroughly compare them to popular choices.
-
Energy-Efficient Appliances
It goes without saying that older appliances use more energy and are more expensive to run than modern ones. A short-term benefit of investing in appliance upgrades is a reduction in utility costs. Long-term benefits include a rise in property value. Additionally, incentives could help homeowners recover even more of the initial expense.
It’s important to update your appliances, especially if you’re intending to sell your house. To improve utility and update the appearance of your kitchen, keep an eye out for deals and replace each item. Replace the sink. Your kitchen might receive a fresh design boost with a new sink. Remember to replace your kitchen faucet as well. Every kitchen needs these components, which may also have amazing aesthetic appeal.
-
The Flooring
Although wood flooring is both fashionable and classic, it isn’t always the ideal option for kitchens that are prone to spills. On the other hand, materials like vinyl plank and laminate may replicate the appealing aesthetic of hardwood while offering higher durability, moisture resistance, and cost savings.
Bonus: Compared to traditional hardwood flooring, vinyl plank, and laminate flooring are also simpler for do-it-yourselfers to install, providing yet another method to lower the price of a kitchen makeover.
-
The Backsplash
A backsplash needs to be simple to clean since it protects the walls in different “splash zones” of a kitchen, such as around the sink and stove. Another option for the room’s focal point is a backsplash. As a material of choice in this area of the kitchen, tile frequently blends form and function.
Additionally, it provides many options for personalization, from bold colors and unique designs to subdued tones with simple lines. The DIY-friendly process of tiling a backsplash only needs a few tools, especially if you choose to use peel-and-stick tile that doesn’t need mastic to cling to the wall.
-
The Lighting
One could argue that the lighting is the unsung hero of a good kitchen renovation. It enhances safety, expresses elegance, and contributes to in-space definition. When the range hood isn’t enough, you can further improve circulation with double-duty ceiling fan lights to help cool the kitchen and reduce steam, smoke, and aromas when cooking.
Modernize the lighting in your kitchen to make a statement, capture attention, and establish the mood. The best lighting for the kitchen is a combination of ambient, task, and accent lighting.
Final Thoughts
Having a kitchen you love might have a positive effect on your daily life. Only you can decide whether remodeling your kitchen is worthwhile. Time is also important. Before you put your house on the market, the appropriate upgrades can increase its value and help you draw in as many purchasers as possible.