We spoke to some of the home renovation experts and real estate agents and we came up with the following report concerning the value and cost of undertaking a kitchen and bath remodeling.
If you are thinking of carrying out a home improvement project during spring the kitchen and bathroom are some of the rooms that significantly improve the value of the property. However, nowadays you may not fully recover the cost of a remodel when you eventually sell.
So, should you even consider Remodeling?
Well according to James Smith a real estate agent, this will depend on the housing market. However, normally a majority of home buyers are looking for homes with the latest kitchen and bath. Homeowners are advised to assess certain aspects about their property such as the location and general state of the house.
When you undertake a home remodel ensure you choose a timeless and long-term remodeling project. People will look at your home a decade later and think the remodeling was done a few days ago.
Ensure that when you purchase appliances you have the resale in mind. Choose colors that are appealing to everyone and avoid peculiar colors.
When it comes to kitchens most people are looking for large kitchens that open up into a family room. Therefore, for a kitchen remodel you may consider bringing down the wall the separates the kitchen from the family room. Consider an incorporating a kitchen island with a breakfast bar if you have space.
Technology is at the center of kitchen remodeling. People nowadays are looking for kitchens with the latest smart home technology. This includes programmable thermostats and smart refrigerators that will know when the milk runs out. In future maybe your fridge will automatically order for milk. The technological trends will determine the demand for property.
When it comes to bathrooms we are seeing larger spaces with accessories such as aromatherapy showers etc. People are looking superior shower experiences through big multi-spray and round rainwater showerheads. The shower spaces now have areas to sit and a lot of glass tiles.
According to real estate experts, the more the number of bathrooms the better, even though the cost to value at the time of resale may not be very high. As much as you may not fully recover the cost of the kitchen and bath remodel, you should still consider it based on other factors. You get to utilize the updates in your kitchen and bathroom and when the time to sell comes the house will move faster.
Nobody is going to pay good money for a property with outdated kitchen and baths. By investing in a kitchen and bath remodel you can sell your house for much more in the shortest time.