It’s a well-known fact that redecorating, upgrading, or renovating certain parts of our homes can raise their value. Even if you have no intention of selling your home any time soon, there are renovations you can do to increase its worth.
The best and quickest way to boost your home’s value includes kitchen and bathroom renovations. In this case, we’ll be concentrating on giving you kitchen renovation ideas that can add the most value to your home.
Let’s dive in straight away.
1. Replace, paint, or update the kitchen cabinets
The easiest and most budget-friendly way to add value to your home is by replacing, painting, or updating your kitchen cabinets. Depending on the state of your cabinets, you can choose to either completely replace them, repaint them, or simply update the hardware.
Either one of these changes can completely transform the look and feel of your kitchen.
Here, the most inexpensive way would be to replace the hardware on your cabinets. When looking for new cabinet hardware, don’t worry much about matching it with the rest of the finishings in your kitchen. Instead, try to focus on finding something that will fit nicely with the rest of the appliances and lighting fixtures.
The next slightly more expensive option is to paint the current cabinets. Simply choose a color you think would look nice, or look for color inspiration online and repaint your cabinets. This upgrade alone can not only modernize your kitchen but completely transform it as well.
The last option that can add value to your kitchen, is also the most expensive in this case – replacing cabinets. This option could be your last resort, in case the cabinets are in really bad shape.
2. Replace countertops
According to real estate agents from One Percent Property, the best way to add value to your home is by replacing kitchen counters. And when it comes to countertops, thankfully there are more affordable options than 20 years ago.
Give your kitchen a facelift with bright new countertops. Some of the popular countertop materials include granite, soapstone, quartz, marble, concrete, wood, stainless steel, and so much more.
The material you opt for will depend on many things, but primarily on your budget, then durability, color, heat, and abrasion resistance. The most expensive type of countertop material is still marble. Using real marble can be super expensive but it will add to the value of the home instantly.
Other options give you the look of marble for much less. Those options include quartz, porcelain, stone, or soapstone.
Regardless of which material you go for, replacing countertops can transform almost any kitchen and significantly raise the value of the home.
3. Add a kitchen island
Another very popular and very sought-after kitchen upgrade is a kitchen island. If your home doesn’t have an island yet, now is the right time to think about adding it.
Adding an island to your kitchen can not only add more storage but it can also make your kitchen appear larger.
Investing in a kitchen island is a smart move that guarantees raised home value. It’s also a safe upgrade because the island trend isn’t going anywhere for a while.
The great thing about kitchen islands is that they come in many different kinds and sizes. Even if you have a small kitchen, adding a smaller island can be beneficial.
However, if you’re going to be investing in an island, make sure you hire a designer who will make sure that your island fits with the rest of the kitchen.
4. Upgrade appliances
Your outdated appliances aren’t doing anything for your kitchen, and it’s probably time to replace them. Plus, it’s not a bad thing that upgrading appliances can also add value to your home.
If you decide to invest in new appliances now, you will reap the benefits for years to come in more ways than one.
Not only will new appliances make cooking more enjoyable for you and your family, but when the time comes to sell the house, those same appliances will add more value to it.
Even though the trends change, stainless steel appliances are always a good way to go. They are timeless and fit almost all kitchen design styles.
5. Replace flooring
Replacing floors in your kitchen may not be the first thing on your mind, but it can pull the whole room together. Plus, if done right, they can also add value to your home.
When adding flooring, make sure you match and coordinate them with appliances, countertops, and cabinets to add real value to your home.
Choosing kitchen flooring can be pretty tricky because you need to consider the heavy foot traffic that the kitchen gets. That’s why kitchen designers often recommend looking for durable and easy-to-maintain flooring materials.
Some of the most popular kitchen flooring trends include linoleum, laminate, tile, rubber, wood, concrete, stone, and even some eco-friendly materials such as bamboo and cork.
Ultimately, the type of flooring you choose will depend on your budget and how much you’re willing to invest.
Bottom Line
Renovating and updating the kitchen can be an expensive feat. That’s why many homeowners decide to do kitchen renovations in phases or over a certain course of time.
You can start by doing the most complicated or most expensive upgrades first, or you can start with those least expensive, it’s up to you. It’s just good to know which kitchen upgrades can add the most value to your home.