The kitchen is the heart of a home.
This is where meals are made, families eat together, and all the hustle and bustle of holidays happen. So it may come as no surprise that the kitchen is one of the top places to update when selling your home.
When you update your kitchen, you'll get more of your investment back when you sell the home. On average, sellers get back 70 or 80 percent of the cost of the updates. The updates you choose do matter, though, so here are a few things to focus on.
There's no better way to brighten your kitchen than a fresh coat of paint. Stick to light neutral shades to keep the kitchen bright and leave room for buyers to envision their own color schemes and decor. Think beyond white to shades of cream, beige, and tan. If your cabinets are in good condition, a few coats of paint and a change of hardware can give them a whole new look.
Nothing makes a kitchen look dated faster than old cabinetry. If the cabinets aren't in good enough condition to be repainted, you can give them a major facelift by refacing. Completely new cabinetry should be a last resort, as the added expense may not be reflected in the returns.
One of the top things to update when selling your home is your kitchen appliances. A full set of new, matching appliances is a strong selling point in any home. Opt for something neutral--stainless steel is always popular with buyers. Energy Star appliances can turn some heads, especially with younger buyers, who tend to be more energy conscious.
Granite is another kitchen upgrade that you're likely to see a high return on when selling your home. Buyers love seeing granite countertops. You don't necessarily need to upgrade with the most expensive options. You can always opt for something that looks similar to granite, like quartz with a granite pattern.
Think of your kitchen's floor as setting the stage for impressing potential buyers. Drab or dated flooring can detract from any other updates you might make in the kitchen. Budget permitting, install high-quality flooring that will turn people's heads, like attractive, high-quality tile. Want to make your kitchen look bigger? Set the tile on the diagonal to create a space-stretching optical illusion. Hardwood is another favorite with buyers, even in kitchens. If you have hardwood underneath your linoleum, consider uncovering it and having it refinished.
Make a Strong Impression
The kitchen is possibly your best chance to impress potential buyers, not to mention one of the few areas of your home where your investment gets the biggest return. Even so, you'll want to do it right for maximum impact. While updating these five areas, make sure you're staying true to your home's character, architecture, and neighborhood. If you need help deciding what updates to make, your real estate agent can help guide your decisions.