First Home Facts

Why A Modern Kitchen Is Important When Selling A House

Selling a house can be easy in some cases and hard in others, especially if the house needs some updates. If the kitchen is outdated in any way, you might find that it will be harder to sell it than a home that has a modern, updated kitchen. Because of this, you might want to consider renovating your kitchen before you list it with a real estate agency.

Why is the kitchen so important?

The kitchen is a very important area of a home, especially when it comes to people looking to buy. A kitchen is often viewed as the heart of a home, and it is the room people spend a lot of time in. As people begin viewing your home, your kitchen can either make or break the deal in many cases. Because of this, you should seriously evaluate the current condition of your kitchen to decide if remodeling it is something you should do before you try to sell your house.

How much will it cost to renovate your kitchen?

The average amount people spend when renovating their kitchens is around $21,637. This amount varies though, and you might be able to do it for less. The amount you spend will depend on how big your kitchen is, the materials you use, and the actual work you do in your kitchen. Some people are able to save money by refinishing their cabinets and counter tops instead of replacing them. In addition, you could save money if you do not need to replace your floor and appliances. There are often a lot of ways to make a kitchen look newer and nicer without having to spend a fortune on it.

Will you be able to recover some of the costs?

Kitchen remodeling will often yield a 70% return on the money you invest. In other words, if you spend $20,000 remodeling your kitchen, your home value might increase by $14,000, which is 70% of the costs you spent. There are a lot of different repairs you can make to a house, but remodeling your kitchen yields one of the highest returns on investment.

Because the kitchen is such a focal point in a home, selling a house is often easier to do if the kitchen has recently been remodeled. If you are interested in finding out other ways to improve the chances of selling your house quickly, talk to a real estate agency today.