Estate agents will tell you that renovating or replacing the kitchen is one of the most profitable returns on investments you can do to your home if you plan on selling.
But what most people don’t know is that there are many financial benefits to renovating or replacing a kitchen even if you’re not selling any time soon.
These benefits plus the extra money you’ll earn if and when you sell, make renovating or replacing your kitchen right now a no-brainer.
Aside from raising the value of your home, a renovation or a new kitchen actually has plenty of other benefits as well.
1. Save Money on Energy
Speaking of efficiency, you can save a lot of money by replacing aging appliances as well. By swapping in things that will use less power, you can save on your energy bill every month. LED bulbs will give you the same lighting at a fraction of the energy cost while also lasting longer. Water is another way you can cut back on bills. A low-flow kitchen tap might surprise you how much it can reduce overall usage. Also, don’t forget energy-efficient appliances in general, e.g. Induction hobs replacing gas or ceramic hobs and combination microwaves for quicker and more efficient cooking, dishwashers with half loads and water saving options.
Outside of devices in your kitchen, what about your home itself? Proper insulation and windows should be considered here as well. This all lets you go green to the tune of less cash coming out your pocket while being good for planet earth.
2. Safety Improvements
Even if everything looks safe in your kitchen, there might be something lurking in the background. From hidden mould to outdated tech, something problematic could be right around the corner. Having a professional take a look at your options will be able to point you in the right direction.
Especially with older homes, kitchens might have been put together with outdated electric regulations that are no longer considered to be safe. Old wiring can be potentially dangerous, since regulations are tighter now and safer than ever.
With a renovation or a new kitchen, you can also add safety features that weren’t there before. A range hood can reduce the amounts of toxic pollutants in the air. Also, you can install better lighting, non-slip flooring, and easier-to-reach storage space to make sure you stay safe while cooking for the family.
3. More Cooking Space
You don’t have to redo your home completely or knock down any walls to increase your cooking space. Often, it boils down to how your kitchen is laid out or how your storage is set up. With smartly-designed countertops and updated appliances, you can add plenty of room for anything you need. That way, you’ll be able to purchase that brand new stand mixer you thought you couldn’t fit into your work area.
4. More Storage Space
This goes hand in hand with the previous point, but having more storage space can be advantageous in multiple ways. It’s one of the methods to add to your work area, but you’ll also be able to keep more things on hand. With added room, you can save money by purchasing things in bulk, such as storage bags or ingredients. Something as simple as cabinet organizers or new shelving can help you accomplish this. Magic corners and space towers are the most popular kitchen fittings.
5. Save Time
A renovation or a new kitchen will give you an opportunity to update old, inefficient tech. Not only will this make your life a lot easier, but you will be able to cut the time spent in the kitchen down pretty dramatically in some cases. That means more time enjoying your meal or spending time with your family, e.g. combination microwaves and new efficient ovens.
6. Updating Kitchen Style
Sometimes, you just want things to look nice. Outside of saving money, there’s just something about a nice aesthetic that feels right. A renovation or a new kitchen is the perfect opportunity to flex your creativity, crafting and moulding the perfect space for you. If you spend a lot of time in the kitchen, why not make it a joy to be in?
Unless you built or helped design your home, there’s a good chance that your kitchen isn’t an absolute perfect fit for you. Even if it’s already your favourite room in the house, there are probably one or two things that seem off in some way. With a renovation or a new kitchen, you can ensure that your work space looks and feels exactly the way you want it to. By working with a professional kitchen designer, your dreams can easily become reality.
7. Higher Home Value
At the beginning of this article, it was mentioned that a renovation or a new kitchen can increase the value of your home. Not only do updated kitchens help you sell your house faster, but they sometimes pay for themselves. That way, you can enjoy using your new kitchen while recouping the cost down the line.
Two things potential home buyers often notice first are updated bathrooms and kitchen renovation or a new kitchen. In fact, a large percentage of estate agents say that a nice kitchen is often what makes or breaks a deal going through. Sellers will often also see more offers with a brand-new kitchen, which in turn makes it an easier and quicker process to move on to the next chapter of life.
8. Final Word
One thing to remember is that you don’t want to cut corners when it comes to kitchen renovation or a new kitchen. Since they can be expensive, it can be tempting to try to save money where ever you can. Just remember that a poor job can end up costing more to fix down the line. Besides, making sure to hire a skilled and qualified designer will help you get a better return of investment down the line. It’ll be easier to enjoy your new kitchen knowing that you’ve also increased your home value when you do decide to sell.
Article by the Viewers Digest
