A kitchen remodel can increase the value of their home while also improving their daily living experience. Here are 10 kitchen remodeling improvements that can help increase the value of your home:
Update appliances: Upgrading to newer, energy-efficient appliances can be a big selling point for buyers. According to the National Kitchen & Bath Association (NKBA), new appliances can increase the value of your home by 10-30%.
Add a backsplash: Adding a stylish backsplash can help protect your walls from splatters and stains, while also adding a decorative touch to your kitchen. The NKBA suggests that a new backsplash can increase the value of your home by 2-3%.
Install new flooring: Replacing old, worn-out flooring with new materials such as hardwood, tile, luxury vinyl tile or even durable laminates can make a big impact on the look and value of your kitchen. The NKBA suggests that new flooring can increase the value of your home by 7-10%.
Improve lighting: Adding new lighting fixtures or upgrading to energy-efficient bulbs can help make your kitchen brighter and more inviting. The NKBA estimates that new lighting can increase the value of your home by 5-10%.
Add a kitchen island: Adding a kitchen island can provide additional workspace and storage, while also creating a central gathering place for family and guests. According to HGTV, a kitchen island can increase the value of your home by 4-5%.
Improve ventilation: Installing a new range hood or improving your kitchen's ventilation can help remove smoke, odors, and excess heat from your home. The NKBA suggests that improved ventilation can increase the value of your home by 3-5%.
Upgrade the sink and faucet: Installing a new sink and faucet can be an affordable way to give your kitchen a fresh, modern look and improve its functionality. According to the NKBA, a new sink and faucet can increase the value of your home by 1-2%.
Overall, a kitchen remodel can be a worthwhile investment that can not only increase the value of your home, but improve the look and functionality of one of the most used spaces in the house. By updating appliances, replacing countertops, adding a backsplash, upgrading cabinets, installing new flooring, improving lighting, adding a kitchen island, increasing storage, improving ventilation, and upgrading the sink and faucet, you can create a functional, stylish kitchen that will appeal to buyers and increase the value of your home.