For many people today, the kitchen is the heart of the home — and that’s why, when it comes to real estate, the kitchen’s features and updates are so important to resale. Whether you’re about to put your home on the market or plan to live in it for a while, understanding what kitchen design choices will yield the greatest resale value is crucial to getting top dollar when the time comes to sell. Likewise, avoiding some of the biggest mistakes will ensure you don’t sabotage your own efforts to make your home marketable. So what are the most common kitchen design mistakes? What decisions should you avoid when you want to make sure your home’s value stays high? What are the secrets to making your kitchen a key selling point in your home?
To help answer these questions, let’s take a look at some of the biggest kitchen design mistakes to avoid when you’re remodeling your kitchen space:
1. Overspending: When remodeling a kitchen, it’s easy to get carried away — but keep in mind that most buyers won’t pay more for specialty upgrades like a commercial range or expensive custom cabinets. According to Remodeling Magazine, minor kitchen remodels (i.e., an average cost of $18,856) have a higher return on investment than major overhauls (i.e., an average cost of $54,909). So to make the most of the money you’re spending giving your kitchen a facelift, focus your efforts on the updates that will have the highest returns, and end there. If you’re planning to sell your home in the next few years, this means focusing on what most buyers will like rather than on your particular kitchen preferences. Replace anything that’s damaged or beat-up, but stick to high-quality, attractive options that aren’t necessarily the highest end.
2. Focusing on Your Preferences, Not Potential Buyers’: Maybe you like your mismatched appliances and small amount of cabinet space but, when it’s time to sell, the question you must ask is, “What will buyers think?” When you’re replacing countertops or the refrigerator, stop thinking about your preferences and style, and think instead about what a potential buyer will see. If this feels hard, get outside opinions and consult design magazines for inspiration. Selling is about what buyers like, not about what you like — so don’t make the mistake of forgetting this.
3. Staying in 1995: On the flip side of overspending is underspending (i.e., never remodeling the kitchen space at all). Like it or not, styles change, appliances wear and your kitchen sustains damage over time. If your kitchen looks outdated, unattractive and/or non-functional, you can bet it will hurt the selling potential of your home. Realize that your kitchen needs to look current to be a selling point, and take steps to update it accordingly.
4. Prizing Style Over Function: Too many people look at design magazines and Pinterest pictures to gain inspiration about countertops and backsplashes but then neglect to think about ever-important functionality. Is the dishwasher next to the sink, and can you open it while standing there doing dishes? Do the refrigerator doors open easily, or will reaching in for milk push the door into cabinets or the stove? Think through how the kitchen will be used as well as how it looks in order to make the most of your design.
5. Ignoring the Kitchen Triangle: Maybe it seems easiest to put the refrigerator on one side of the kitchen and the sink on the other, with an island between them — but think of what that would be like to use every day. Efficient kitchen designs honor long-established conveniences like the work triangle, wherein the sink, the refrigerator and the stove are located near one another and form a sort of triangle in the layout. This concept is more than tradition; it’s smart design. Nobody wants to walk all the way around an island — or to the opposite end of the kitchen space—to get from the sink to the fridge or from the fridge to the stove. So let this consideration factor into the way you create your cooking space.
Wherever you are in the
kitchen-design process, whether you’re just beginning to think about it or are
already knee-deep in construction, the good news is you’re on the right track.
Kitchen renovations — particularly strategic, cost-effective ones — are worthwhile
investments that can pay off big in the end. So to make your home more
marketable, attractive to sellers and easier to make a profit on, know what
mistakes to avoid and update your kitchen to get the best bang for your buck!
By keeping costs low and sticking to updates buyers like, you’ll see the
greatest return when you sell.
Content courtesy of http://www.realtytimes.com
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