Whenever you decide to sell your house, you always want to get as much money as possible. However, using your time correctly can pose some challenges if you don’t know what to do.
If you don’t want to waste money while improving your house, find out it doesn’t increase the value. The kitchen stands out as an essential room in any home. Make sure you understand why you would want to redo your kitchen so that you can make more money.
Weigh the Pros and Cons
While you can work on your kitchen, you should think about the pros and cons before you redo it. If you don’t take time to think about the pros and cons, you could negatively impact your home.
First, we want to discuss the benefits and follow them with the cons. From there, you can look over the consequences and decide if you want to remodel your kitchen.
The Benefits of Redoing a Kitchen
You’ll naturally question why you should redo a kitchen. After all, don’t you have plenty of other areas you can work on before you sell your home? If you decide to remodel your kitchen, you’ll notice plenty of benefits that can help you with the selling process.
- Making your home more appealing
- Boosting the kitchen’s value
- Making the kitchen more functional
As you put effort into the kitchen, you’ll naturally make it appealing to people who want to purchase it. For example, you can update the flooring and the appliances so more people will want to buy your home.
As you make such changes, you’ll also boost the value of your kitchen. Since people will pay more for excellent kitchens, you can charge more for your home. You can also get a higher appraisal to prove the value of your home.
You need to focus on safety whenever you make changes to your kitchen. You can easily change the flooring and appliances to make it safer. For example, you may replace the gas stove with an electric one to minimize gas leaks.
Redoing an outdated kitchen could lead to significant benefits if you think you have an outdated kitchen. Consider your situation and see if renovating your kitchen will help you sell your home or make more money.
Not only could you get more offers, but some people may offer more money than the listed price.
While you have pros to enjoy, you must consider the cons you could face if you remodel your kitchen. That way, you can determine if you want to improve your kitchen so you don’t waste time or money.
- Holding off on selling your house
- The changes lead to no gains
- Making a significant mistake
Whenever you work on your kitchen, you run a few risks during the process. For example, you need to hold off on selling your home, so it may take longer than expected. Remodeling the kitchen may cause you to sell the house later based on how long it takes.
Alongside that point, if you don’t make the right changes, you may have no impact on the value. That means you’ll lose money since you spend some money on making changes. You also waste time alongside cash, so your home’s value could change based on the market.
As you remodel your kitchen, you could make a significant mistake and affect your value. For example, some people won’t want to buy your home if you make the counters too low. If you plan to redo your kitchen, ensure you do so correctly.
Since these cons can happen, ensure you understand the risks before renovating your kitchen.
What To Consider
Once you know the benefits of remodeling a kitchen, you must consider what you need to do while you renovate it. Doing so will help you remain focused and identify the best areas to work on as you improve your kitchen.
You must start by thinking about the appliances in your home alongside their ages. When people purchase kitchens, they expect to have fridges, ovens, microwaves, and more.
As you think about your appliances and their ages, consider their expected lifespans before you buy any new ones.
|Appliances||Average Lifespan in Years|
If any of your appliances start to reach their life expectancies, you may need to replace them. Not only do such changes boost your home’s value, but you’ll also offer brand-new appliances for the new homeowners to enjoy.
You can also advertise the latest appliances as a reason to purchase your home. It never hurts to check your devices and see their ages, so you can determine if you need to replace them.
You’ll come across various floors when it comes to kitchens. You may find kitchens with wooden floors, ones with tile floors, and even laminate flooring. As you look at your kitchen, think about the floor type and decide if you want to change it.
You can try wooden or tile floors if your kitchen has laminate floors. Such a change would increase the value of your kitchen since people realize the amount of money that goes into such flooring.
If you have lovely floors, you don’t need to worry about updating them since it won’t increase the value. You should also look for any breaks, dents, or problems with the floor to try and fix them when necessary.
Cabinets come in different colors and designs, so you could redo them while working on your kitchen. For example, some people love the standard wood design, while others want a flatter surface for their cabinets.
Even if you go with the standard wooden cabinets, you must consider wood types. You could go with cherry, oak, maple, and many others. Picking the right style can make the cabinets look appealing to your potential buyers.
Make sure you also focus on the shelving on the inside, along with the colors. You also must make them consistent with each other since differences can annoy some people. Always strive for consistency and make the cabinets match the style of the home and the floors.
While you improve your kitchen, make sure you focus on these other tips. Doing so will help you make the most out of the process, avoid mistakes, and maximize the kitchen’s worth as much as possible.
Whenever you work in your kitchen, never tackle the process alone. Instead, you must hire professionals to take care of your kitchen and redo it. When you have professionals handle it, you can enjoy multiple benefits.
- Ensure they do it correctly
- Save yourself some time
- Let them keep it organized
If you tackle the repairs alone, you could run into problems and potentially make mistakes. You could even negatively impact your home’s value, so leave the work to the professionals. Doing so will keep you safe, so you don’t need to worry during the remodeling process.
Commit to It Ahead of Time
If you plan to redo your kitchen, commit to it. Depending on your time frame, you may only have a few months to complete the remodeling. If you wait and struggle with your decision, you won’t have enough time to go through it.
Ensure you receive a quote and an estimate to see how long it will take to make the changes. If the time frame cuts too close to when you need to move, you may not have the chance to do it.
Always strive to make changes ahead of time and never put them off. Doing so will help you minimize stress and even avoid unfortunate situations as you make various changes to your kitchen.
Plan Out the Process
You also need to plan out the details to remain organized throughout the process. If you don’t understand what you plan to do, you’ll find it challenging to make the kitchen look nice. Make sure you create an overall vision and know what you want in each part of the kitchen.
For example, if you wish to have different floors, mention the type you want in the plan. You should do the same with any new appliances, countertops, cabinets, and anything else you plan to change.
You can show the details to the professionals as you create this plan. From there, they can point out any changes you must apply alongside different approaches to tackle the remodeling effectively.
Kitchens matter to many people, so you can make money by redoing your kitchen. If you tackle it correctly, you can increase the value of your home compared to the money you spend on it. Doing so will help you afford a new home and find a nicer one.
You shouldn’t always redo your kitchen since you could face losses. Ensure you understand your home’s needs to make the right choice before a sale. Doing so will help you make the best decision during the home selling process.
Kris Lippi is the owner of ISoldMyHouse.com, the broker of Get LISTED Realty, and an official member of the Forbes Real Estate Council. He actively writes about real estate-related topics such as buying and selling homes, how-to guides around the house, and home product recommendations.