It’s no secret that the kitchen is a major selling feature. You may think you need to completely overhaul your kitchen to up your resale value, but this isn’t necessarily true. While a major renovation can earn you up to 60% return on investment, a mid-range reno will earn you closer to 80%. Take on these four kitchen renovations as you prepare your home for sale.
1. Reface Cabinets
Your kitchen cabinets take up a lot of visual space and are one of the first things potential buyers notice. If your cabinets are looking worse for wear, you should invest in fixing them. Replacing all of your cabinets is a significant expense that won’t earn you the return on investment you’re hoping for. Instead, speak to a pro about refacing your cabinets.
Refacing your cabinets can include, but is not limited to, painting the exterior, replacing the door fronts, the drawers and hardware. Doing this can cut the cost of your kitchen renovation in half. The average cost of refacing your kitchen cabinets is $7,000-$10,000. Keep in mind this price may vary depending on the size of your kitchen, the materials used, and the cost of labour. To learn more about the process of refacing and how it compares to replacing, check out this article.
2. New Countertops
The next thing potential buyers will take note of are your countertops. If yours are worn out and not looking their best, you should invest in replacing them. Keep in mind that countertops can be a personal design choice, so go for something nice but neutral. You do not want to invest in a custom coloured slab of marble if you’re planning to sell. Instead, opt for something that will go with any style kitchen such as quartz. Quartz is very popular in kitchens because it’s of good quality and is affordable. Speak to a countertop pro to discuss your options or check out our countertop comparison.
3. Fresh Coat of Paint
A fresh coat of paint will instantly refresh your kitchen. Imagine walking into a kitchen where the walls are stained and splattered with food remains and grease. Now imagine walking into that same kitchen but the walls are fresh and clean. It’s easy to pick which kitchen you would put an offer on.
While you might consider doing this as a DIY job, you’ll quickly learn it’s more than you bargained for. One of the major benefits of hiring a professional painting company is the care they will put into the prep work. That means scrubbing your greasy kitchen walls clean to ensure the new paint goes on smooth.
4. Fixtures and Hardware
An easy way to make an affordable update to your kitchen is to update your fixtures and hardware. New knobs on your cabinets and drawers will make them look better and potential buyers will notice them. If your hardware is in good condition, consider updating your fixtures like adding new lighting. A simple swap out of one fixture for another could be just the thing that closes the deal.
When you’re preparing your home for sale, you want to invest in moderate renovations that make your space look good. It doesn’t need to be perfect, it just needs to be presentable. Stay away from expensive or personal renovations. Instead, focus on simple updates that will spruce up your kitchen’s appearance and draw the eye of potential buyers. When you’re ready to get started, be sure to connect with a pro to help with your kitchen renovation.