Houses have been selling at premium prices in the last few years, partly due to the attractive mortgage rates. As such, every home seller is looking for ways to update their house to increase its resale value. As the focal point of any home, the kitchen makes an excellent selling feature when planning to put your house on the market. Kitchens usually offer the best return on your investment.

Luxury White KitchenPhoto credit: Unsplash

Kitchen renovations and updates should be your top priority when preparing to sell your home. However, not all kitchen updates are worth your money and time. Minor kitchen updates like repairing your broken appliances instead of replacing them can dramatically boost your home’s value, giving you greater returns. Find a trusted appliance repair company to fix all your broken appliances.

Alongside repairing your appliances, here are other kitchen updates that can increase your home’s resale value:

Adding a Kitchen Island

Adding an island is one of the best ways to improve your kitchen’s value and the overall value of your home. An island gives your kitchen a refreshed look while creating more space for seating and preparing meals. Swapping a wall for an island can make your kitchen look and feel bigger. Eliminating rigid boundaries allows you to watch your kids as you prepare dishes in the kitchen.

Add stools, storage, and electrical outlets subtly hidden into the island for additional usage flexibility. A larger and broader island provides ample room for preparing and serving foods. Installing an island ensures you maximize every square inch of your kitchen, creating one of the biggest selling points in your home. An island also makes a superb way to showcase your stunning counters, which are crucial in attracting potential homebuyers.

Update, Paint, or Replace Cabinets

Another great kitchen update that can increase the value of your home is revamping your cabinets. Cabinets are often the first things someone sees when they get into your kitchen. As such, updating cabinets can give potential buyers a great first impression. Enhance the aesthetic appeal of your cabinets by replacing old hardware with new, shiny ones.

Instead of completely changing out your current cabinets, consider giving them a fresh coat of paint to create an entirely new look. If your cabinetry faces appear too outdated, you can try re-facing them. While refacing your cabinets is costlier than repainting them, it’s still more cost-effective than replacing the current cabinets. Try reconfiguring the cabinets to maximize your storage space.

Update Appliances

Old appliances can make your home look outdated. Replace your old appliances with new, energy-efficient models. This will ensure all your appliances are functional and save you on energy costs. Consider buying stainless steel appliances to transform your kitchen into an elegant-looking high-end commercial kitchen. Built-in appliances like built-in wine refrigerators and burner stoves also add a touch of elegance to your kitchen.

If your appliances are in good condition but the colors appear dated, have them painted at a local body shop. This is a fantastic and inexpensive way of upgrading your old kitchen appliances to fit your desired aesthetics rather than buying brand new ones. Avoid going over the top when purchasing kitchen appliances unless your house is in the high-end market. This will ensure you recoup your costs when you sell your home.

Lighting Accents

Adding new light fixtures or updating your existing ones is a relatively inexpensive way to boost your home’s value. However, the amount of value you add to your home by updating a lighting fixture often depends on the quality of your current and new lighting. Lighting updates that can increase your home’s value include upgrading your kitchen lighting with modern lighting fixtures that give your space a beautiful and inviting new look.

Replace the general recessed lighting with new hanging lights over your kitchen island. Add accent lighting under your cabinets to highlight your unique backslash and a series of task lights nicely placed over the stove. Nicely placed lighting can help create a modern and cozy look depending on the color’s warmth.

Pantry Spaces

Updating your kitchen’s pantries can dramatically increase your home’s resale value. Increase your pantry space by installing built-in pantries featuring pull-out drawers. This also provides you easy access to your food items, especially if you don’t have a closet pantry or can’t access it. This upgrade offers many functional features that will benefit you in the long term. Install blind corner pull-out cabinets for additional storage and improve the accessibility of essential items.

Pull-out trash bins hidden behind the cabinets have become increasingly popular in many homes. They help save space and keep your kitchen looking clean since they eliminate the unpleasant problem of tucking your garbage bin under your sink.

Endnote

Performing these kitchen updates can make your cooking area appear more appealing and inviting, boosting your home’s resale value. The great thing about these updates is that they’ll cost you a fraction of the price, ensuring you recoup your money once you sell your house.

Published in: Kitchen | Author: Yanita

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