Thinking of renovating your kitchen in the near future? You should also consider the possible positive contribution this could have on your home’s value. Not every redesign or renovation is a profitable one. To maximize the financial return, keep to the basics and avoid trends. A high-cost kitchen remodel doesn’t always automatically translate to high returns. Here are a few of the projects that pay off.
Picking the perfect color makes for a lively, pleasant space. It’s one project that is relatively inexpensive with a great return value. Keep it timeless with a traditional all-white kitchen color scheme. You can also go in the opposite direction with a chic black kitchen. A Feng shui-inspired kitchen keeps colors cool, relaxed and neutral.
The last thing you want your cabinets to be is dated. To attract the maximum value from your kitchen, you should put cabinets at the top of the list. You don’t necessarily need to tear everything out and buy new cabinetry, rather update it with a fresh new paint color. There are also several low-cost projects such as handcrafted wood cabinet pulls that can drive up their value. Cabinet refacing is also great to visually alter the prominent areas of doors and drawer fronts.
Add a New Backsplash
A kitchen’s backsplash is an ideal investment, since the investment is low while the visual impact is high. Most backsplashes are DIY projects and with a glass or metal tile, you’ll be sure to attract attention. There are less expensive alternatives such as wallpaper, tile decals, or laminate flooring planks that can be completed in a day or two.
Hang New Pendant Lights
Lighting is often ignored, but can bring two benefits in one. It helps to illuminate your kitchen while also bringing in a new centerpiece to the design. Pendant lighting is bright and center, and can add much needed personality to the space. If you’re going with pendant lighting you should always go big and bold. Be sure to scale these to fit your space to not overwhelm the rest of your kitchen.
Source: the Spruce