Should I update my kitchen? We should add this to our list of Frequently Asked Questions. It’s almost as popular as should we wait till Spring to sell? I already shared my thoughts on waiting for the Spring Market. You can read them here. So today I’m sharing my thoughts on updating your kitchen from a Realtors Perspective.
First lets get two things out of the way:
- Nothing lasts forever, there is not a single piece of decor or a color that will stand the test of time. When it comes to decor everything changes.
- You will never get 100% of your money back. Some projects have a better ROI than others but nothing will get you 100%.
Now that we have that out of the way we can proceed with a level head and create a good plan because my answer to this is yes. Updating your kitchen is always a good idea.
Kitchens tend to get a lot of attention. Mostly because kitchens really are the heart of the home. It’s where we prepare our meals but it’s also where we gather with friends and entertain. So my advice is that you focus on the key elements that matter like counter space and storage, not trendy materials or appliances people tend not to pay over for those things. So that cost will be on you.
Talk to your Realtor before you get starting. Understanding what your home is worth and what the houses in the area are selling for is an important piece of the puzzle if you want to get the most bang for your buck. That said if this is your forever home and you plan to be here for the long haul, you do you and enjoy the home you’re in. I am a firm believer in that. But if you only see yourself in this home for another 5-7 years pay attention.
- Update the cabinets. Either by painting them or replacing them. Depending on the style painting them may be an option that works for you. Just have a professional do them, unless you promise to do a great job. I’ve seen too many DIY’s gone wrong. When updating your cabinets do not forget to update the hinges, knobs and pulls.
- Update the countertops. Pay attention to your home’s price point, if your home is over a certain price point you absolutely can not use a material less than quartz or granite. 3. If possible and space allows, add an island or a peninsula. Buyers want a place to gather and both options add extra counter space which is a key element when selling a kitchen.
- If possible and space allows, add an island or a peninsula. Buyers want a place to gather and both options add extra counter space which is a key element when selling a kitchen.
- Update flooring. If possible try to match the flooring in the rest of the house. Pay close attention to this if you live in a small house. Consistent flooring tends to make the spaces look bigger and flow.
- Add and Update Lighting. Update lighting and pay particular attention to the different types of lights needed in a kitchen. Ambient, Task and Accent.
- Update the Appliances. Opt for energy efficient and until something else takes over make sure they are stainless steel appliances.
- Update the faucet and add a backsplash. Like the lights these two add the visual wow to your kitchen. They set the tone.