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Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t

If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned:

“Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and styling, and most aren’t interested in renovating post-purchase.”

Kitchen remodels can be pricey, with many complete remodel jobs costing $20,000 or more. But not every kitchen needs a full remodel. There are many smaller projects that will help buyers see themselves trying their favorite Pinterest recipe in your home!

Here are a couple of project ideas that, if you’re handy or know someone who is, could end up boosting your home’s value without breaking the bank:

  • A new coat of paint on cabinets and updated hardware will freshen and drastically change the feel of the room for under $300.
  • Install a new backsplash to match the freshly painted cabinets adds some style while staying under $200, depending on the size of your kitchen.
  • If the kitchen seems dark, consider adding LED under cabinet lighting for around $40.
  • Is replacing the countertops not in within your budget? Consider using a top coat to cover the current countertops.

A full remodel of an outdated kitchen can pay off. You can expect a 67% return on a $30,000 upgrade (the national median cost). The benefits of a kitchen remodel aren’t purely financial, according to Houselogic:

“Eighty-two percent of homeowners said their updated kitchen gave them a greater desire to be at home, and 95% were happy or satisfied with the result.”

Bottom Line

Kitchens and bathrooms are often make-or-break for buyers when touring a home or searching through photo galleries online. Let’s get together to identify which small projects could pay off big!

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