Six kitchen renovations with a high return on investment — RISMedia

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As the saying goes, “the kitchen is the heart of your home”. However, when selling a home, most real estate professionals will attest that, to the extent that home improvement are concerned – kitchen renovations are worthwhile investments that will likely increase your resale value. DIY Expert and Licensed Contractor Beth Allen shares six common kitchen remodel ideas with the greatest return on investment. So, when showing your clients’ homes for sale, be sure to let them know about these tips and tricks to help them increase the value of their property.

  1. Finish the old, make way for the new devices

Although it may not be the cheapest option, property experts believe that upgrading your kitchen appliances is the best way to increase the resale value of your home. When potential buyers see your kitchen, they want to imagine themselves living in it while testing out your shiny new appliances. It’s also a bonus that the house comes with all these new appliances for them, taking extra stress out of the house buying and moving process. Advise your sellers to take advantage of holiday sales when buying new appliances and keep in mind The main home trends in 2022.

  1. A new coat of paint and new hardware on the cabinets

Consider changing your cabinets for an instant and impressive change in your kitchen. However, if your cabinets are in good condition, you don’t need to completely replace them. Just consider changing the color scheme and replacing the handles with something gold, shiny or unique. Kitchen cabinets take up the most space, so be sure to choose a complementary color. These minor changes can make a big difference to potential buyers, increasing the value of your home.

  1. Upgrade the sink or faucet for a new look

Another big area to improve, and perhaps the easiest, is your kitchen sink. Most families spend most of their time in the kitchen, so it’s a good idea to make sure the sink is spacious and functional while still being modern and chic. If you don’t want to replace the entire sink, just consider upgrading the faucet. A quirky faucet can set the tone for your kitchen aesthetic and grab the attention of potential buyers. Go a step further and display a drying rack and other sink essentials for a fuller look.

  1. Turn the kitchen into a hub by adding a charging station

Kitchen counters have evolved from a designated area for cooking and preparing meals to a meeting place for drinks, casual conversations or homework. A modern kitchen should have a charging station easily accessible to your family and friends. This simple added value could be attractive to your potential buyers.

  1. Elevate kitchen counters and backsplash

The biggest statement in your kitchen, aside from those shiny new appliances and cabinets, will be your countertops and backsplash. Raising your kitchen counters isn’t a simple (or cheap) task, so spend some time planning the kitchen theme before making a decision on what material to use for the counters. While there are many countertop options to consider, focus on one that will bring out the luxurious, modern, or chic aesthetic of your home. Countertops will help sell if you are willing to invest. Also, don’t neglect your backsplash and consider a fun and bold geometric pattern or style to help tie the room together.

  1. Replace tiles and add wood floors instead

Complete your kitchen renovation by installing hardwood floors. According to the NKBA report, parquet is the most popular kitchen flooring material, and homes with newly installed parquet offer the best return on investment. This upgrade will help attract more potential buyers and may even encourage them to bid higher.

Everyone’s home is different, so don’t feel like you have to make each of these changes. Consider which areas of your home need the most attention and make any necessary changes to help potential buyers find your home more appealing. Finally, don’t forget other areas of your property, such as your bathrooms, bedrooms, and backyards, which could have a significant impact on buyer decisions.

McKissock apprenticeship is the nation’s first online real estate school, providing continuing education and professional development courses to hundreds of thousands of real estate agents nationwide. As part of the Colibri Real Estate family of leading educational brands, McKissock apprenticeshipas well as its sister schools Real Estate Express, Real Estate School, Allied schools, The Institute of Luxury Home Marketing, Schools of the Côte d’Or, The Rockwell Institute and Hondas Education Group, helps real estate professionals achieve lasting success at every stage of their real estate career. Learn more about mckissock.com/real estate.

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