Not only that but a few choice updates can help you sell your home faster should you choose to.
If you’d like to add value to your home one of the best ways is with an updated kitchen. According to the cost vs value report a major kitchen remodel will add $37,139 to the value of your home if in Wisconsin. New baths can increase the value of your home as well but not as much as kitchens. Anything that enhances the appearance and makes the kitchen more functional will not only increase the resale value of your home but greatly increase the chances of it selling faster.
Your kitchen floor will usually wear out sooner than any of your other rooms. A bad floor makes the whole kitchen look shabby and if you try to sell your home it will turn off perspective buyers. Today hardwood, wood laminate and ceramic tile are the top kitchen floor materials and these will add the most value to your home. These are also what perspective buyers are looking for.
New fixtures can make a huge impact in your kitchen. A new farm sink and updated faucets, for example, doesn’t have to cost a lot to add resale value and impress future buyers. Faucet finishes make a difference when selling a home; brushed nickel is the most popular among home buyers.
New countertops can revolutionize your kitchen space and they are at the top of the list of updates that increase resale value and decrease the length of time your house will remain on the market. Granite offers the most on both counts. Quartz is also a very popular countertop material, followed by soapstone. But even a good brand of solid surface will enhance your kitchen and if combined with other significant updates will increase value. However, a bad job is not going to do it-- just the opposite-- so always have an experienced professional do the installation.
Mismatched appliances are not going to cut it either, but shiny new appliances in stainless or black most certainly will help increase value and sell your home if you choose to. But remember these two things;
- For the most resale interest and value invest in refrigerators with filtered water in the door and wall ovens with cooktops if possible.
- If your kitchen is in fairly good shape for the price of a few good new appliances you could greatly increase your resale chances—but not much value in appliances alone. Appliances will add value when combined with other updates.
Cabinets are number one on the list of things in the kitchen that will increase the value of your home and/or sell it faster. But they are also the most expensive part of a remodel or update. What if you can’t afford $65,000 for new cabinets? If your cabinets are good structurally, custom cabinet refacing can save you thousands, give you the look of a new kitchen, increase your home’s value and help ensure a fast sale in the future. Reface and/or refinish your existing cabinets and add a new contrasting island to really shake up your cost-to-value ratio!