Tuesday, September 3, 2013

Kitchen Remodeling


Warming Up to the Idea of a New Kitchen?


Kitchens are the number one place a home buyer will spend thousands of dollars on if it’s renovated. In fact, many buyers fall in love with a home solely on the fact that they loved the kitchen. So, if you’re thinking of selling your home, placing a little extra care into the kitchen could net you a higher purchase price on your home.

We’re not going to mislead you- kitchen renovations cost a pretty penny.  Remodeling magazine's Cost vs. Value Report 2013 says the cost to renovate a 200-square-foot kitchen with wood cabinets, an island, laminate countertops and a standard sink and faucet is about $54,000. That price also includes new appliances, lighting and flooring. Just imagine what it would cost for a truly gourmet kitchen! As Alaskans we also have to take into account costs of materials and labor is more expensive than it is in the Lower 48 states.

But what if you could find some low cost alternatives to a full on kitchen renovation? Would you consider upgrading your kitchen? Consider the following options:

1.      For a fresh look, paint or refinish your current cabinets. A little elbow grease and you’ll have a big impact.

2.      Install a new modern backsplash. Tile can be pricey, but will make a big impact in this space. This is also a job you could chose to do yourself, saving on the labor expense.

3.      If your appliances are still functional, consider adding a stainless steel cover or even painting them.

4.      If you’re on a budget and can’t afford to splurge on the floor, try a vinyl floor that mimics tile or wood.

As Alaskans we are heading into the long winter months, so you may ask why we are discussing the benefits of a kitchen upgrade. Well, what better time to curl up with a cup of coffee and a kitchen remodeling magazine planning your summer project. Whether or not you plan on selling your home this year, upgrading your kitchen is a great way to attract future buyers to your home- and you may even get to enjoy the benefits of an upgraded kitchen yourself!

If you have questions about selling your home in Anchorage, contact me today for a free no obligation consultation or visit my website!