The kitchen is one of the most popular rooms for most buyers. For this reason, sellers often renovate the kitchen when preparing their homes for the market. This is a good idea, however, the cost of a kitchen makeover can be significant. It is important to run the numbers to determine the probability of getting a return when the home sells. Here are a few ways to keep the kitchen renovation costs down from professional Indian Head Park IL real estate agent Kate Boyle.
The total expense of a kitchen renovation varies depending on how much you choose to replace, cost of materials, labor, etc. In general, the average kitchen renovation is around $22,000. This can drop to anywhere from $10,000 to $15,000 by only making changes like repainting, cabinet refacing, installing a new sink, and putting in a new backsplash. On the high end, a kitchen remodel can cost as much as $30,000. This may include all new countertops, redoing the floor, replacing the appliances, and installing custom cabinets. So how can you save on some of these expenses? Here are a few ideas…
Consider the Cabinets
One way to save on expenses is to choose to reface your cabinets rather than replace them. With new cabinet surfaces and a fresh paint job, there will be a noticeable difference at a lower cost. Semi-custom cabinets can cost anywhere from one hundred to six hundred dollars per linear foot and custom cabinets can be as much as twelve hundred dollars per linear foot. Refacing can be as little as a few hundred dollars to five thousand dollars for a ten by twelve-foot area. That is a major difference. Another option is to transition to open shelves. This can add a trendy look especially if you use reclaimed wood and it offers a potential savings of even thousands of dollars. One word of caution, however, is to utilize open shelves with the dishes that you use on a regular basis to avoid having to dust them too frequently.
Sometimes you can save money by doing things creatively. For example, consider using a refinished table or dresser for the island instead of purchasing a new one with cabinets. You may lose some space, but the visual appeal and money saved might be worth it. Choosing a less expensive material for the countertops might also be a good idea. Sure granite countertops are beautiful, but a wood counter can add appeal as well. Or you can do a mixture of two types of materials to cut costs as well.
There is extra cost involved when you choose to move appliances around. The cost of labor to reconfigure wiring, for example, can be avoided if you leave these items in their place. Also, track lighting might be a better option than installing recessed lighting. You can avoid the cost of labor and materials and the hassle of tearing apart your ceiling during installation.
For more help preparing your home for the market contact one of the premier real estate agents in Indian Head Park IL, Kate Boyle.