How New Cabinets & Countertops Can Increase the Value of Your Home

Increase Home Values With New Kitchen Cabinets & Countertops

     

The kitchen is the heart of every modern home. As such, renovation projects in the kitchen often improve the value of a property.

Are you planning to list your property in the market or improve the functionality of your home for personal enjoyment?

Then it would be best to consider kitchen renovations. However, it is essential to note that not all kitchen renovations will boost the value of your home. Some kitchen upgrades may only improve the aesthetics without enhancing your return on investment. But there are things you can do that can improve the appeal, functionality, and value of your house.

The upgrades you make in the kitchen should reflect modern trends. If you want to increase your property’s value, installing new kitchen cabinets can help you achieve this goal. New kitchen cabinets help to brighten your kitchen and also add a huge selling point to it. Most buyers usually decide whether or not they will buy a property when they enter the kitchen. One sure way of changing or boosting the kitchen’s appearance and functionality is by installing new cabinets.

Levels of kitchen renovation

There are three different levels of kitchen renovations that you may consider. They include minor kitchen upgrades, mid-range kitchen renovation, and major kitchen remodeling.

Minor kitchen upgrades

   


Minor kitchen remodeling is less expensive and they offer more returns on investment. The average cost of a minor kitchen upgrade may be about $23,452, and you will earn returns of about $18,206 or 77% of the investment for a 200 sq. ft. kitchen.

For minor kitchen renovations, you may want to consider upgrading your old kitchen with a 30 linear foot cabinet and countertop. When performing a minor kitchen remodel, it means you are retaining the current cabinets but will reface them. By this, you will be replacing the fronts of the cabinets with modern drawer fronts and new shaker-style wood doors.

Other minor renovations you may perform to complement this include:

Install modern quartz countertops or laminate to replace old tiles.

Replace the builder’s standard version of the sink with mid-priced kitchen sinks and faucets.

Repaint the kitchen space with modern colors to complement the cabinets. Here the color of the cabinets should blend well with the floor and ceiling.

Install new flooring options that will attract buyers. You may choose vinyl or other resilient floors that may appear like tiles.

Install new energy-efficient appliances to replace the older ones. Consider replacing the dishwasher, cooker, and refrigerator.

Mid-range kitchen renovation

Mid-range kitchen upgrades require moderate expenses. Here, you may spend an average amount of about $68,490 and receive a return of $40,127. That is 58% of the cost for the same 200 sq. ft. kitchen.

For mid-range kitchen upgrades, you will use the same layout in your kitchen and will be upgrading your cabinets to the new semi-custom wood cabinets. Also, you will be creating a more functional space for storage, cooking, seating, and prep. It would be best to include a 3 ft by 5 ft island.

Other upgrades that complement this level of renovation are:

Installing quartz countertops or laminate.

Updating to a single-lever faucet and a double-sided stainless-steel sink.

Painting the kitchen with modern colors.

Installing modern flooring options like vinyl or any other floors that look like tiles.

Energy-efficient upgrades are also essential here. You can replace old lights and appliances with modern ones. Install a new stove, dishwasher, refrigerator, microwave, vented range hood, etc.

Major kitchen renovation

Major kitchen upgrades are the most expensive. They may cost an average of $135,547 with returns of about $72,493, which is 53% of the investment for the same 200 sqft. kitchen. Here, you will notice that upscale kitchen upgrades have a high cost but low return on investment. Major kitchen renovations may involve installing custom or designer features.

The cabinets in this level are modern, top-grade, and custom-built with sliding shelves and several accessories to ensure more comfort and functionality. It may also entail installing low voltage under-cabinet lights.

Other features that complement this include:

Installing stone countertops with ceramic or glass tile backsplash.

Installing custom faucets, a water filtration system, and an under-mount sink.

Upgrading the floors to wood, wood-like laminate, or tiles.

Installing new lighting and fixtures.

Replacing old appliances with modern ones. Consider a wall oven, convection oven or microwave, commercial-grade cooktop, etc.

The bottom line: Increase home value with new kitchen cabinets

Installing new cabinets is an effective way to update your kitchen and increase the value of your home. Depending on your budget, you can upgrade your kitchen accordingly. It is advisable to employ the services of professionals who can guide you throughout the project. We recommend that you engage in cost-effective upgrades that will boost your home’s functionality and value if you decide to sell it in the future.

If you are looking to update your kitchen, contact us today! 480-758-5286 or visit our Home Remodel Deal Website

Author of this article:Olivia JaydenTaylor Street Property Management