Yet another article was released on www.realtytimes.com highlighting the impact that a kitchen can have on the sale of your home. As the kitchen is considered the ‘heart of the home’, buyers are often most interested and swayed by the size, functionality and design of kitchens when considering buying.
It’s inevitable that most of us spend a huge amount of time in our kitchens. Whether preparing family meals, sitting down to do some work, read the newspaper or if we are entertaining, the kitchen is always the hub of the home. Watch any party you go to and guests will predictably be hovering in the kitchen despite other rooms being available in the home. For this reason, it is essential that your kitchen is in tip-top shape when it’s time to sell.
Depending on your neighbourhood and the current local comparable market, your kitchen should reflect the price range that your home is in. Kitchens are usually one of the most expensive renovations to undertake so if your home is in a moderate or low price range, it probably doesn’t make sense to do a $40,000 kitchen renovation. Talk to your REALTOR® and find out what your competitors are doing to get a good idea of how your kitchen will compare. Sometimes just small minor changes can have a huge impact; for example, updating hardware, a fresh coat of paint and maybe a DIY tile backsplash.
Whatever you decide to do, make sure that you remember that the kitchen is the hub of the home and buyers will take a serious look at your kitchen to see if it’s functional, attractive and nicely designed. Talk to the professionals (your REALTOR® and a design consultant) to see how you can update your kitchen to attract the most potential buyers possible.
For any real estate assistance in the Oakville, Burlington, Milton area contact Mary at firstname.lastname@example.org