The ideal investment: why remodelling your kitchen is great for resale value
- Written by NewsServices.com
The great Aussie kitchen renovation is a dream for many homeowners. The ability to remodel, reshape and reinvigorate what was once a tired old affair is something that comes with a host of benefits for the home and its owner. Greater efficiency, more space, safer appliances - all of these combine to create the dream renovation that makes the home just a little bit more enjoyable!
What’s more, it does absolute wonders for your home’s resale value. If you are thinking of remodelling for the purpose of potentially reselling, then you are certainly a savvy homeowner. There are many ways in which a kitchen remodel increases your home’s resale value, and we’re going to take a look at some of them below:
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New appliances & fixtures are more appealing
Think about it: do buyers prefer to enter a kitchen fitted with elegant antique drawer knobs, modern appliances and plenty of room to move? Or, do they like to enter a drab, shabby old space that looks like it hasn’t been updated since the 1970s? Those were the bad old days of kitchen fitouts, when designers didn’t understand the value of space to create healthy, nourishing meals.
Instead, remodelling the space with brand new appliances, fixtures as well as a new floor plan is sure to be a homebuyer’s dream vision. When they enter the room to find a stunning new layout complete with modern appliances, a brand new fridge and cooktop, as well as plenty of space to cook delicious meals for the family, they will be absolutely wowed!
This is in sharp contrast to if they walked into a dodgy old space that looks like it was built in the Whitlam era…
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Homebuyers don’t have to worry about renovating themselves
One obvious thing is going through the minds of homebuyers when they tour a property, “what will we have to renovate to make this place nicer and more liveable?” Often, seeing properties that require plenty of work are pretty unappealing, and can end up being a complete dealbreaker.
Conversely, when buyers enter the space and find that it has already been lovingly remodelled by the previous owner, they are pleased to see that they won’t have to worry about making too many changes. After all, isn’t the idea of buying a home for living the ability to quickly move into without any stress?
The last thing they want is to enter a dilapidated kitchen with the knowledge it’s going to cost them thousands of dollars and plenty of hard work just to make it more efficient - it’s a buyer’s absolute worst nightmare!
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Your investment can be returned tenfold
Whilst investing in new appliances, fixtures and floor plan might seem like a drag at first, the rewards can be simply outstanding. When you invest money in redesigning your kitchen, you could witness a much higher return on investment than if you were to simply leave it for the next buyer to renovate.
The appeal of touring a home and coming across a brand new space is one that works wonders for your property’s resale value, and goes a lot further than the smaller amount you would receive if you didn’t undertake the renovations. As such, you are to be onto a winner if you invest in producing a more stunning space that homebuyers will love coming across.
It’s one of the most effective ways to amplify your home’s resale value and it’s worked time and time again!