Tuesday, 08 February 2011 10:24
Whether you're preparing your home for today's demanding real estate market, or simply feel your kitchen deserves a make-over, it's time to renovate your kitchen. Congratulations! Kitchen renovations, when done properly, can yield you massive ROI (return on investment.) In fact, you can expect a ROI of 70-80% in most areas of the country.
Let's learn about five kitchen renovations that will not only spruce up the all important hub of your home, but also reward you with loads of ROI for a job well done.
There's absolutely no doubt; nothing screams "worn-out" louder than out of date countertops. When you consider the sizable surface area your counters cover, it's clear that they're a powerful renovation player. New countertops will freshen, modernize and possibly reinvent your kitchen- giving it an entirely new look. Even if your budget is limited, there are a few ways to freshen up your counter tops.
When deciding how to freshen the look of your countertops, be cautious to stay within the framework of the home and its potential value. A granite countertop is not appropriate for every home. If installed where unnecessary, you won't recoup your cost at the time of sale, and the money spent could have been better used to improve another area of the kitchen. Likewise, if a buyer would expect to see granite or another high-end solid surface product in a home similar to yours, don't cheap out.
Even if you decide against a new countertop, changing or adding a backsplash will make an impressive improvement to your kitchen. Some popular, yet unique choices for kitchen backsplash renovations:
Take a really good look at your kitchen, or better yet grab a friend or professional to evaluate your kitchen's needs. We often focus on the obvious kitchen renovation items (appliances, countertop, sink) and neglect other areas of our kitchen that need updating. Consider some of these very easy kitchen freshening ideas:
You can spend a small fortune on a new kitchen sink and faucet. But there are thousands of incredible moderately priced sinks and faucets to choose from too. Selecting a kitchen sink is not a decision that should be taken lightly because these days, the kitchen sink is not only expected to be a super functional component of your kitchen, it's expected to be a decorate accent as well. There's no doubt that installing a new sink will make an impressive impact on your kitchen, but simply replacing the faucet will also spruce up your kitchen, and likely make your sink more efficient as well.
Undoubtedly, installing brand new cabinets can enhance your kitchen in a massive way. But new cabinets also come with a fairly hefty price tag. Refinishing or refacing the cabinets is an excellent alternative if the cabinets are in good condition. If you choose to reface your cabinets, you'll be replacing the actual front of the cabinet or drawer with a new face. Refinishing the cabinet consists of stripping off the old finish, and then staining or painting the original cabinet face. If refacing or refinishing your kitchen cabinets is out of the question, consider changing the cabinet hardware. The price of hardware varies, but for roughly $2-$8 per piece, you'll drastically change the look of your old cabinets.
Kitchen renovations get a bad rap as a very costly home improvement. Nationally, a major kitchen renovation averages 58,000, and a minor kitchen renovation comes in around $21,000. But don't let the numbers scare you into forfeiting your kitchen renovation dream. It is possible to achieve superior kitchen renovation results without begging your banker for a line of credit.
Courtesy of Show Appeal Realty, an Arizona real estate brokerage selling Scottsdale Homes and Phoenix real estate.
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