Tuesday, September 2, 2014

Three Ways a Kitchen Renovation Can Add to Home Value

In a buyer's market, homeowners are looking for ways to improve their homes while adding to their long-term investment. Kitchens and baths are considered the best ways to add value to a home and gain a return on the investment. Remodeling a kitchen is one of the best ways to make a home feel and look more modern. There are three major ways that a kitchen renovation can add to the value of a home.

One main idea to consider when remodeling a kitchen is the quality of the materials. Older homes generally have worn counters, cabinets, and especially flooring. By replacing these items with newer materials, homeowners reap the benefits of added durability to their kitchen. This can also translate into a greater home value as better materials mean that future homeowners will not have to replace them.

The second way that a kitchen re-design adds value to a home is that it improves the look and function of the cooking space. Many homes are built with a galley-style kitchen, or an uneven triangle that makes cooking more time-consuming and difficult. Homeowners that browse sites like Americancarpetinc.com can find design ideas that are both practical and stylish, enhancing the value of their investment.

Another aspect of a kitchen makeover is the ability to customize. Although it can seem costly to renovate, the average return is approximately 66 percent. Add in extra features that new homeowners prefer, such as an island or a built-in pantry, and the rates increase. This can increase the overall value of the house while still providing homeowners with a kitchen that exceeds their needs.