Does Remodeling a Kitchen Increase Home Value?

As the heart of your home, your kitchen can have a dramatic effect on the functionality and appearance of your property. A poorly designed kitchen can make your entire residence seem dated or inefficient—and that can be problematic when it comes time to put it on the market. According to many realtors, kitchens sell houses. So, will a kitchen remodel increase the value of your home? In a word: Yes.

With that said, increasing the value of your home and earning a huge return on your investment are not the same thing. Be sure to keep that in mind as you plan your kitchen remodeling project and establish your budget.

Specific Kitchen Upgrades That Will Add Value

If a complete kitchen overhaul does not fall within your budget or objectives, the best way to approach a kitchen remodel project is to break it down into various parts and choose the upgrades that make the most sense for you (and your wallet). Here are five popular kitchen improvements that will likely enhance the value of your home without requiring the major outlay of a full-on renovation:

Cabinet Replacement

When you walk into any kitchen, what’s the first thing you notice? Most likely, the feature that catches your eye is the cabinetry. A high-impact element, kitchen cabinets may cover one, two, or even three walls, serving to anchor and unify the entire room. So, in addition to providing sufficient storage for your dishes, glassware, pots, and pans, you want your cabinets to make a great first impression. For a true “wow” factor, consider custom cabinetry. Made to order with a higher level of craftsmanship, custom cabinets offer numerous advantages over their pre-built and semi-custom counterparts, especially if you have a unique style in mind or your kitchen has an unusual layout.

Countertop Replacement

Another focal point of your kitchen, the counters can make your home stand out in all the right—or wrong—ways. As such, a kitchen countertop upgrade is usually a sound investment. There are many gorgeous and durable materials to consider, such as solid surface, quartz, natural stone, tile, and concrete. Additionally, budget-friendly materials like laminate have come a long way in recent years, allowing you to save money while reviving a dated kitchen. No matter which material you choose, however, you’ll want to make sure that your kitchen countertops are precisely constructed and flawlessly installed. The best way to do so is to work with an experienced kitchen remodeler.

New Appliances

Upgrading your kitchen appliances, such as your refrigerator, range, microwave, and/or dishwasher, is one of the quickest and most cost-effective changes you can make. Plus, kitchen appliances regularly go on sale, so you can potentially save big if you time your purchase right. In addition to being able to use and enjoy your new appliances right away, you’ll likely reap more benefits when it’s time to sell your home. For many potential homebuyers, a kitchen is a particularly attractive feature when the basics like late-model appliances are already in place.

Don’t Discount the Joy Factor

Initially, you might think of a home renovation project solely in terms of dollars and cents, but don’t overlook the joy score. A newly updated and stunning kitchen will likely provide you with many years of satisfaction and enjoyment, which you can’t put a price tag on. As such, you stand to gain much more from a kitchen remodel project than a boost in your asking price. If you’re thinking about taking the leap, you should know that most homeowners ultimately report being pleased with their kitchen remodel.

Is a Kitchen Remodel Worth It?

In the end, the answer to that question is totally up to you. Even if you don’t recoup the entire cost of the project, a kitchen remodel will likely increase the value of your home. It will also provide you with pleasure and enjoyment. So, if having a kitchen that you enjoy matters to you, then you should probably go for it.

If you’re ready to get started, be sure to do some research before selecting a remodeling contractor. Going the cheap route or working with someone who doesn’t know what they’re doing will almost certainly end up costing you more in the long run.

G & S Remodeling is an award-winning, full-scale residential remodeling contractor that has been based in Plano, TX, since 2006. Using our extensive knowledge and experience, we’ll expand upon your ideas to create a kitchen that is both imaginative and sound. To learn more, contact us today.