Everyone knows that updating a home’s kitchen is one of the best (if not the best) way to increase the value of that property. Although, as with most things in life, there are some things that work better than others.
So, what are some of the things to do in your kitchen that offers the best bang for the buck?
Great question, and it’s the one we hope to answer with our five high return on investment (ROI) updates.
One of the most common problems in the kitchens of existing homes is the lack of pantry space. Many homes don’t even have a pantry! If you’ve watched a home show or two, you may have noticed that potential buyers clamor over a well thought out and sizeable space for dry goods. This storage space not only adds value; it could end up being one of the primary selling points for your home.
2. Extra Eating Space
Not so much in the form of an eat in kitchen. Think of it as bonus space for feeding the kids in the morning with a breakfast nook. Or perhaps a high counter with a couple of stools to continue the conversation with friends after dinner. It doesn’t necessarily need to be a place for large meals, but enough space to feel intimate and not crowded. No one wants to eat in the dining room for lunch, and once you’re done eating; guests usually vacate to other areas.
3. Lighting, Lighting, Lighting
The reason kitchens are so important to a home’s value is due to their uses being expanded. Years ago, the cookery was used to prepare food, that’s it. Now, it’s for homework, friends, dinner, lunch, business, you name it. That being said, people like primary living spaces that have a lot of light. If you can go natural, even better. Just make sure there’s enough and it fits the room and creates a warm feel.
4. Ridiculous Amounts of Storage
Not just cabinets, although they are a category all their own. The pantry (mentioned earlier) will go a long way, but adding extra space and maybe even utilizing space saving fixtures. Something like a chandelier that also holds pots and pans, or a fashionable magnetic knife holder and spice rack. The extra space will always get used and makes the room super appealing to home shoppers.
5. Luxury Cabinets
If there is a most important update, it would be the cabinets. Buyers wonder if there are enough cabinets immediately upon entering every kitchen they see. Not only that, but if the cabinets have updates like soft closing and if they maximize space usage. The sale price of your house will be directly impacted by new cabinets if they look stunning and function well.
One of the best ways to ensure a look that stands out among the rest is to use invisible cabinet hinges. These hinges are some of the best quality you can find, and will last as long as the cabinets (actually longer if allowed). SOSS has made invisible hinges since 1903 and help some of the highest value properties in the world look even better.