If you have decided to give your home a makeover before putting it on the market, you need to think about home renovation projects that bring you the highest ROI. While there are many things you can do to your existing home to make it more appealing, not all makeovers come with the same value boost. One room that you should focus on is the kitchen. This room can make or break your sale, depending on what you do with it. The question is: Does pouring thousands of dollars into the kitchen reno pay off? Well, this is what we’re here to find out! Continue reading and find out the six kitchen upgrades with the best ROI.
Major Vs. Minor Kitchen Upgrade
One of the biggest dilemmas regarding kitchen makeovers is whether to go with the full remodel or a simple update. The more money you invest in something, the more you’ll return. However, this can’t be further from the truth. While a complete kitchen renovation completely transforms your kitchen, a minor upgrade can prove more profitable. How’s that possible?
It’s simple. All prospective buyers want to see two things when they walk into your kitchen – functionality and that everything’s up to date. A pretty look is just a bonus, honestly. You can quickly get these two things from a minor kitchen remodel. Sometimes, all you need is a little refreshment. So, let’s see what these minor kitchen upgrades with the best ROI are!
Refinish the kitchen cabinets.
Replacing your old kitchen cabinets with new ones might be one of the most expensive home improvement projects. If your kitchen is large, this project might cost you thousands, if not tens of thousands of dollars. Fortunately, there is a lot less expensive way to update your kitchen cabinets. Instead of replacing them, you can upgrade the ones you already have.
Sanding and refinishing your wooden cabinets is a fantastic way to give them a new look. Sanding your cabinets will help cover any scratches or general wear and tear. In addition, this will allow you to change the stain color to make them look and feel brand new again. Another option for updating the look of your cabinets is to sand them down and paint them in a new color.
A fresh coat of white paint on your cabinets will undoubtedly improve and refresh the appearance of your kitchen. Of course, if you want a different color palette, you may use a different shade to achieve the desired effect. Refinishing your cabinets can brighten up your kitchen regardless of your chosen colors. This type of kitchen upgrade is more than enough; potential buyers will instantly fall in love with your kitchen!
Update your countertops
Another part of the kitchen you should invest in is the countertops. Old laminate countertops can be complicated to clean and inconvenient to use. Not to mention that they are easily scratched and stained. Changing out the counters and replacing them with quartz, granite, or contemporary laminate boosts aesthetics and has a good ROI.
Laminate is always cheaper, but you can splurge and go with quartz. No matter which material you choose, the profit is guaranteed. That is one of the best home improvements you can make before selling your home and moving, so focus on upgrades that can pay off. In the meantime, you and your family enjoy fresh new countertops!
Add a fun backsplash.
We suggest adding an attractive backsplash to complete your refinished cabinets and new countertops. Whether you have an outdated backsplash or none, adding or changing the tile in your kitchen is a great way to make a significant difference quickly. And the best part is that replacing an old tile with a new, improved version over a weekend is possible. And you can always find a tile that is within your price range!
In addition, you can always use peel-and-stick tiles. They come in various colors and styles, providing a quick, low-cost new look. And don’t worry; this won’t affect your ROI negatively. What’s important is that you give your kitchen a fresh look; it doesn’t matter.
How you do it! In addition, a fun backsplash is an excellent idea for your bathroom remodel, so you kill two birds with one stone!
Invest in new appliances.
At the beginning of the article, we said that buyers look for two things in the kitchen, and one of them is functionality. That is a feature you’ll get with new, up-to-date appliances. Yes, appliances can be expensive. However, investing in them guarantees you’ll be able to up the price of your house. Of course, you don’t have to go for gourmet appliances. Just make sure the ones you purchase are functional and up to date.
Another thing that will give you bonus points is if you purchased energy-star-rated models. This way, you will get a higher ROI and be more eco-friendly. And one thing is for sure – being green is cool!
Upgrade the kitchen hardware.
Updating all of the knobs and handles on your cabinets and drawers is, without a doubt, one of the cheapest kitchen upgrades with the best ROI.
If you repair or refinish your cabinets, take it a step further by acquiring new handles and knobs to add a wow factor to your kitchen makeover. Changing hardware may be accomplished for a few hundred dollars or less. In addition, you can go to a thrift store or a salvage yard and look for vintage knobs. That will put a unique spin on your kitchen, earning you some bonus points with prospective buyers. Another alternative is to buy personalized hardware online.
Whatever you choose, you’ll have a new-looking kitchen in a matter of days that won’t cost you an arm and a leg, plus you’ll make a profit!
Install new fixtures
This simple adjustment may completely transform the look and feel of your space while also making it much easier to work in. So, hunt for trendy yet low-cost light fixtures locally or online. Here’s what we recommend:
● Install a pendant light over your kitchen island.
● Place a gooseneck sconce or an eye-catching pendant over the sink.
● To brighten the working space and create an attractive ambiance, install puck lighting or a line of tiny white lights below your cabinets.
As you can see, all of these improvements are simple, but they will instantly enhance the appearance of your kitchen. That is something prospective buyers will appreciate more than you know. Lighting is essential, so if you’re looking for kitchen upgrades with the best ROI, don’t overlook it!
Wrapping it up
As you can see, kitchen renovations don’t have to cost you an arm and a leg to pay off when selling your home. You need to be innovative and invest in things that every prospective buyer wants to see. We gave you six kitchen upgrades with the best ROI that you cannot go wrong with. If you follow these tips, you’ll sell your home in no time, that’s for sure. So, let’s wow some buyers, shall we?
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