If you have ever looked into buying or selling property, you know that the kitchen and bathrooms are some of the most attractive features of a home. An outdated kitchen or bathroom can quickly make prospective buyers feel skeptical about the investment into a particular property. For this reason, many homeowners find themselves contemplating whether a kitchen and bath remodel may be worth the expense prior to listing their property.

At Advanced Construction and Design, we specialize in top-grade kitchen and bath remodels. Over the years, we have gathered useful information on the amount of value that these services add to a property. Below we have listed a few important factors that buyers consider when assessing a property, along with the statistics on real estate evaluation.

Safety

Something that frequently comes to mind for buyers is whether or not a property appears to be safe and structurally sound. An outdated kitchen or bathroom could be subject to underlying plumbing issues, electrical complications, and more. When you invest in a kitchen and bath remodel, this tells prospective buyers that these critical areas of the home have been inspected and updated according to basic safety standards. This often inspires confidence for buyers, increasing their willingness to pay a higher premium for a safe, reliable home.

Value of appliances

According to data from Consumer Reports newer appliances can increase a home's value 3%-7%. Prospective buyers are not however highly concerned about these appliances being all Brand-Matched. Regardless of all appliances being from same Manufacturer it is critcial they are same general style and definitely the same finish.

Cleanliness

Outdated kitchens and bathrooms often feel impossible to clean. Old surfaces such as countertops and cabinets can accumulate marks, scratches, and larger damages over the years. Additionally, old grout may be subject to dark stains. This can make it difficult for buyers to imagine cooking in their new kitchen or freshening up in the bathroom. Furthermore, the high moisture content in these areas of the home make them particularly susceptible to mold. Ultimately, you will receive far less offers on your home if prospective buyers do not feel clean and comfortable inside these rooms.

Statistics

In the United States, those who invest in a kitchen and bath remodel will see between a 60-80% return on investment. The two types of valuations are Literal and Perceived Value. Buyers take into account both literal appraised valuations and pay for the perceived value of these remodels when considering paying for property with updated kitchens and bathrooms. In other words the price of already having the hard work of remodeling already done in a new home is not just based on the literal cost of the project. If the project is done in an updated classic design and is appropriate to the property consumers are willing to pay for this. If you are planning to sell your home in a few years, this is a great incentive to invest in your dream kitchen and bath now so that you can enjoy the benefits of the updates and be assured your investment will be returned to you.

Contact our team today to discuss our kitchen and bath remodel services.