Kitchen Renovations that pay back

Buying a home is generally a good investment, but keeping it up-to-date can maximize your enjoyment in the house and its value.

The don't do's


The key to making your money back from a home renovation is to either renovate to the style of your home or in a contemporary style. Don’t make renovations that only cater to a specific taste, like a $5000 built-in fish tank. Also, don’t put a modern kitchen in a craftsman style home. Less of a faux pas, but also in the “do not do’s” is anything that is very taste specific — strong colors like red, intricate light fixtures, and colorful granite countertops.

How to pick a design and style

Kitchen Renovation in one of our recent listings. Note how the kitchen compliments the flooring, staircase, window trim, and colors throughout the home.

If you’re looking for inspiration, visit a new builder’s model home. We also recommend going to Pinterest and viewing the most “pinned” (liked) photos of kitchens and washrooms. It’s the most insightful tool for any flipper. Pinterest gives us an idea of exactly what the majority of the population thinks is a desirable renovation.

Also, consider hiring a professional. They receive discounts from their vendors and are able to pass those discounts on to you, which helps offset their fees. A designer spends every hour of their day analyzing style, durability, usability, and cost of upgrades. I have no doubt a professional designer can design a better space on a budget compared to myself.

Keep a budget


The first rule about renovations is to keep a budget. If you’re renovating a $400,000 home don’t install a $50,000 kitchen. There are plenty of blogs that show how an Ikea kitchen can be “hacked” with some higher-end handles and lighting. You can also save on appliances by going to habitat for humanity to pick up slightly used appliances.

don’t forget the yard


With homebuyers looking through 50-100 houses online, they won’t go out of their way to look at a home with terrible curb appeal. Don’t lose buyers before they see the work you’ve done. Pay some attention to the front yard. A beautiful, low-maintenance yard with mature trees and plants can increase your resale significantly.

 

Home improvements are an important part of owning a home, but spend your money wisely! If you’re thinking of selling your home soon, you need to make the most out of your renovation. Contact Us today, and we can help