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Prepare your kitchen – buyers like it!
When trying to sell your house, it’s necessary to identify the areas that increase the value of it, and those that actually decrease its value. Increasing the value of the house and appealing to buyers requires meticulous management if you are thinking about improvements. You only have to look at some of the properties still waiting for a new owner to see how easy it is to get it wrong. For that reason we are putting together some articles to help you before you list your house, things that can lower and things that can increase your property’s value. The articles will cover many areas, but to start off with, the first parts of the series are going to look at the two most important ones areas to improve. In the following article we are talking about improving the appearance and function of your kitchen.
An Updated Kitchen
It may seem like a non essential investment, but we can guarantee it’s one of the best uses of your hard earned money you could think of doing. The kitchen is the hub of the house, therefore the most critical. To refurbish the room properly you need to do more than just decorate it and at the end of the day it will pay off with an increase in your property’s value. Comfort and function as well as looking good is what you are striving for when you have completed the project. Refurbishment could cost up to $40,000, but will probably add $80000 to that in value. When a possible buyer looks at your house, the kitchen needs to stand out in a good way, this way you have more chance of selling at a high price as well.
For a cost-effective way of doing things, steal space from adjacent areas, or link a dining room to make one combined area. Or think about an extension, which can usually be completed without a planning permit.
Look at the access to the room, make sure it’s easy to get into, plan the space to work with thought and use good quality materials. High quality wood, laminate or tile flooring is another thing you could do to improve the look and feel of the kitchen.
Equipment such as cookers and washing machines can be a costly business, consequently look at the functions you get and decide what you really need rather than want. These goods, today, are more practical and convenient that they used to be, and sleek rather than large and bulky. It is a wise move to invest in energy efficient goods;kitchen goods; it serves as a big plus for the possible buyer.
Not all jobs needs to be expensive, painting the room is cheap and easy to do. By doing this you are more likely to have buyers interested and procure offers on your home. When considering what colours to paint the room, go for fresh, clean, welcoming colours. By keeping the colour scheme in a general colour it is less likely to disagree with anything else you do in this room. Keep away from bright bold colours even if you think they look fantastic even if it’s the latest colour in the shop The more extraordinary the colour, the more likely that possible buyers will be deciding how hard it will be to paint over.
More elaborate kitchen upgrading jobs, like adding windows or a cooking island, are less advisable propositions if your main intent is to add value to your home. Stick with kitchen refurbishment jobs that are most likely to appeal to the broadest range of purchasers.
I have witnessed numbers of very nice Richmond BC homes for sale, unfortunately their closing price was severely affected by the neglected renovation state. Just a minor effort would cause big shift up.
About the Author
Jay Banks has been accomplished Vancouver realtor for several years.
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