It’s important to realize that kitchen remodeling is so much more than an expense—it is an investment that will pay you back in many ways. Not only will you get to enjoy the upgraded features and more functional space every day, but you will also be able to recoup the majority of the costs when it comes time to sell.
How Lucrative is Kitchen Remodeling?
The kitchen is the heart of the home, and it is often the first space a potential buyer will inspect. Because kitchens are a top priority to the majority of buyers, they can also get you a pretty impressive return on your investment when it comes to remodeling. According to the 2016 Cost vs. Value Report completed by Remodeling, homeowners in Connecticut can expect to recoup 65% of major kitchen remodeling costs when it comes time to sell. This percentage rises to 83.2% when it comes to minor kitchen remodeling (usually classified as less than $25K).
Which Upgrades Are the Best for Connecticut Homes?
Before choosing which upgrades you want to complete during your kitchen remodeling, you need to ask yourself what is the most important thing to you: a strong ROI or the kitchen of your dreams? It’s not to say you can’t have both, but there are instances where you will have to choose whether you want to make yourself happier than your pocketbook, so it’s wise to know in advance what your preference is. With that being said, here are some kitchen remodeling ideas that Connecticut homebuyers will be impressed with:
- Stainless steel appliances are always a wise investment. They are timeless and neutral and add instant value.
- Granite countertops are almost a requirement in today’s market, but soapstone is also a popular choice, especially in Connecticut.
- Solid-wood cabinetry is another feature that most homebuyers look for. If your cabinets are in terrible condition or extremely outdated, many homebuyers won’t give your home a second thought because they just see a lot of work. And don’t forget, if the interior of your cabinetry is still in great shape, cabinet refacing is an excellent option that will get you a strong ROI.
- Another huge selling factor for Connecticut is energy efficiency, so making small changes like installing LED under-counter lighting or upgrading to more efficient windows is a smart choice for kitchen remodeling.
Remember, if you really want to get the most bang for your kitchen remodeling buck, stick with timeless designs and color schemes and opt for high-quality materials. They may cost more upfront, but they will undoubtedly be worth the expense when it comes time to sell.
Contact us today to get started on your own kitchen remodeling project. We will make sure to guide you towards the best returns on your investment while always keeping your personal style preferences a priority.