For sellers considering a little (or big) update, the one thing they can do for the best bang for the buck is to update/upgrade the kitchen if it's older and worn:
Thinking of Selling? Don’t Overlook a Dated Kitchen, Buyers Won’t
If you are planning to list your Charlotte home for sale, make sure that you don’t overlook the kitchen because your prospective buyers won't! As mentioned many times before, buyers want MOVE-IN-READY and simply aren't willing to purchase a home that requires updating.
A recent article from 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.”
Just the thought of a kitchen remodel seems pricey to many but, bear in mind, not every kitchen needs a full remodel. There are many smaller projects that you can do that will help buyers see themselves trying their favorite Pinterest recipe in your home!
If you’re handy or know someone who is, just doing a couple of updates could boost your home’s value without breaking the bank:
- Are your cabinets in good shape but, just need an update? A new coat of paint and some updated hardware can instantly freshen up the space and drastically change the feel of the room - all for under $300.
- A new backsplash to match the freshly painted cabinets can update the space and add some style while staying under $200, depending on the size of the room.
- If the kitchen seems dark, add LED under-cabinet lighting for around $40.
- If replacing the countertops in the kitchen isn’t within your budget, consider using a top coat to cover the current countertops.
Regardless of the cost, the return on investment is huge with remodeled kitchens and the benefits of a kitchen remodel aren’t purely financial either. 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.”
So, if you're thinking of selling your Charlotte home, remember, kitchens and baths are often take-it or leave-it for prospective buyers when searching through your photos online. They may not even give your home a chance if they don't like what they see in your online photos.
I would love to get together with you to identify which small projects could pay off big for you!
Give me a call at (704) 491-3310 or email CharlotteBroker@icloud.com - let's talk about getting your kitchen and home ready for the market!