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The Single Best Renovation to Improve your Home's Value

When beginning the renovation process on your home, there are typically two goals that cross your mind; the first is improving your home’s livability and usability, and the second is how this renovation will improve the value of your home. 


With the kitchen being the most focal point in the home almost any updates in this room will provide you the best return on your dollars invested. 


The key to a kitchen renovation is to keep it somewhat simple. Remember, you don’t need to spend $60,000+ to renovate your kitchen, an update with new appliances can be much more affordable if done carefully. 


Replacing appliances can be pricey, however, it can also be very profitable. You do not need the most expensive appliances on the market; modern, stylish, and energy-friendly appliances can be purchased at fair prices and will improve the look of the room drastically. 


Replacing the flooring can also prove an excellent return on your dollar. Be sure to choose flooring that is long-lasting and easy to clean. Hardwood floors are definitely something that should be avoided in the kitchen area as it can easily stain and deform if it gets wet for long periods of time. 


Updated hardware is an easy and extremely affordable fix, these items can be purchased at your local hardware store and often installed by yourself. Be sure to avoid flashy or coloured hardware, these are short-term trends and will look dated within just a year or so. 


If your home has older oak or wood coloured cabinets, you can simply sand these down and paint them in a bright neutral colour, white is often the preferred choice in kitchens. By doing this task yourself or even hiring someone to take care of this will save you thousands in replacing them. 


When looking at your walls, you may want to choose a fun, bright, and lively colour, however, if you’re planning to sell your home in the near future, you’ll want to choose a neutral shade that will appeal to the masses. Remember, you can always choose more colour, design, and style with your backsplash. 


Last but definitely not least, is your countertops. Yes, we all dream of the perfect marble countertops, but these are extremely expensive. Giving granite countertops consideration, which is durable, looks fantastic, and comes in many styles, will save you thousands of dollars and won’t decrease the value of your kitchen in comparison to marble countertops. 


When planning your kitchen reno there is so much to consider; colours, styles, livability, usability, and much more, it’s no wonder that you may have some questions. Please reach out to us at JP Real Estate as we would be more than happy to take a look at your kitchen and give you some ideas of what may work best for your home. 


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