How much value does a new kitchen add?
The answer depends on many factors, such as the size, style, materials and scope of the renovation. Generally speaking, however, a new kitchen can add significant value to your home - experts suggest it could be as much as 5-6%. For example, if your home is valued at £200,000, a new kitchen could add up to £12,000.
However, this figure may vary depending on the area you live in, the age and condition of your home and the quality of the new kitchen you choose. In other words, when it comes to improving the value of your home, not all kitchens are created equal.
Consider kitchen improvements to increase home value
When choosing a new kitchen and planning improvements, it's important to take into account current trends and modern styles that buyers are looking for. This means updating units and countertops and selecting neutral colours and natural materials such as granite and wood, rather than bold statement pieces. It's also important to think about the layout of the space, ensuring sufficient storage and worktop space.
Think about when it comes to kitchen appliances, too. Buyers look for high-quality and energy-efficient appliances, as well as big-ticket items such as integrated dishwashers and refrigerators. These can add real value to your kitchen, so they're worth making an investment in.
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Get a QuoteWhat’s so important about the kitchen?
The kitchen plays a pivotal role in your home and is often considered one of the most important rooms. It’s where meal times, family gatherings and conversations all take place, so making sure it's up-to-date and well-kept is vital if you want to add value to your home.
The kitchen is also a key factor when assessing a home's value, as it's one of the first things a potential buyer will look at. As such, it needs to make a good impression, make potential buyers feel at home, and convince them that your house is worth their money.
What should I consider adding to a new kitchen?
In addition to adding updated appliances, modern furniture and fittings, you may wish to consider adding additional features such as an island or breakfast bar. These sorts of additions create extra working space and also introduce a warm and inviting atmosphere to your kitchen.
Also consider investing in low-energy lighting options such as LED bulbs, or motion sensors to turn lights on and off automatically. Not only will this save money on bills in the long run, but it will help show buyers that you’re serious about energy efficiency.
Will a kitchen extension add value?
If you’re looking to go further in terms of added value, you may wish to consider extending your kitchen. This could offer an excellent return on investment and create a real ‘wow factor’ to your property - perfect for showcasing to potential buyers.
A kitchen extension is not just about adding space, however. It’s also about creating a well-designed, functional area for entertaining and cooking. Of course, this means that any extension should be planned carefully, with due consideration given to how the new space will fit into the overall flow of the house.
When it comes to adding value to your home, a new kitchen can be one of the most cost-effective investments you make. With careful thought given to style and functionality, it’s possible to create an attractive, modern kitchen that will appeal to future buyers and increase the value of your home.
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