Kitchens and bathrooms are two of the most popular rooms to update. When making improvements to your home, you want to spend your money well and know the investment will benefit you and your family. If you’re looking for inspiration, here are a few kitchen remodeling ideas that pay off.
Kitchen Remodeling Ideas That Pay Off
According to a 2019 study, a kitchen upgrade is the third-best home improvement project in terms of return on money spent. If the return on investment is important to you, here are five kitchen remodeling ideas.
Paint is one of the least expensive upgrades you can make that has a big visual impact and will boost your home’s value. If you do the labor yourself, you will spend no more than a couple of hundred dollars on paint and supplies.
If you’re on a budget and want to get the most for your money, buy a pre-mixed color from the bargain bin. This will work best if you have a small kitchen or if you are lucky enough to find colors that look great together.
Add Things the Neighbors Have
The value of your house is determined based on comparable properties in the neighborhood. When you’re selling your home and your real estate agent is deciding on an asking price, he or she will take into consideration the values of nearby homes.
To get the most out of your money, bring your kitchen up to standard for the neighborhood. If yours is the only kitchen that doesn’t have an in-sink garbage disposal, add one. If your neighbors all have ENERGY STAR® appliances or granite countertops, upgrade yours.
Kitchen Remodeling Ideas: New Lighting
One of the best kitchen remodeling ideas is to add lighting to brighten up the space. This can be done affordably with under cabinet lighting purchased at a hardware store or spring for a more permanent version installed by an electrician.
Add lighting that makes a statement. Choose modern fixtures that provide plenty of illumination. Upgrade all the bulbs to brighter, lower energy LED bulbs.
Update Your Backsplash
Updating the backsplash improves both function and attractiveness, making it an excellent bet for people looking for a good return on their investment.
The backsplash is the area behind the stove and sink. Since it’s a smaller surface area, you can often cover it with higher-end materials for relatively little money, especially if you shop for materials on sale. Small jobs can sometimes be sourced from discontinued tiles at a steep discount.
Install New Cabinet Hardware
Kitchen cabinets can add up to more than half the cost of a complete kitchen remodel. Replacing them or refacing them can cost a lot without returning much value. If your cabinets are still in good shape, simply upgrading the hardware gives them a new look and is a fraction of the cost of re-doing the cabinets.
There are many kitchen remodeling ideas and some offer a better return than others. Choose upgrades that appeal to you and will help increase the value of your home.