How a new kitchen can increase your house price
If you’re putting your home on the market, installing a new kitchen might seem counterproductive. But there are some really good reasons why it can make sound financial sense.
Should I install a new kitchen if I’m selling my home?
The North East housing market remains buoyant but discerning buyers will always pay more for their dream home – and that means a dream kitchen. The kitchen is the beating heart of most homes and it’s therefore vital that your kitchen has that “wow” factor when the estate agents bring prospective buyers for a viewing.
First impressions are everything when selling a home, and you can guarantee that all eyes will be on your kitchen.
How much can a new kitchen add to my property value?
Property experts believe that installing a new kitchen can add up to 10 percent to your house price. Of course, this varies wildly depending on the size, condition and location of your property. For example, if you’re fortunate enough to live in a £500,000 house, spending £20,000 on a new kitchen isn’t going to magically add £50,000 to the estate agent’s valuation! Similarly, if you’re in a £100,000 house, then a £20,000 on a new kitchen isn’t going to deliver a return on investment.
How can a new kitchen help me get the best price for my house?
Along with adding value to your home, a new kitchen can help you seal the deal and sell for the best possible price. This is because, when you present prospective buyers with a stunning new kitchen, you are solving a problem for them. They don’t have to go through the hassle and added cost of remodelling it after they move in. This is a big tick in the box for most home buyers, so can really help secure the sale.
Buying a new kitchen from a supplier like Callerton Kitchens also means you’re installing a kitchen built to last.
How can I know I’m making the right investment?
The best place to start is to talk to a kitchen designer. And we’re talking an actual kitchen designer with years of experience not a kitchen planner dropping units into a floor plan.Companies like Callerton Kitchens employ professional, experienced kitchen designers who are experts in helping you meet your goals.
They will ensure that your kitchen has form and function – meaning it looks good but also passes the practicality test. For example, we talk a lot about the golden triangle, which is all about quick and easy access between the fridge, oven and sinks. They can also help you optimise your kitchen storage space and much more.
A great designer can ensure that your kitchen is attractive to potential buyers while still ensuring that it fits with the overall aesthetic of the property. And most importantly, they can work wonders within your budget, so that you don’t overspend and that you have the best possible chance of a good return on your investment.
How do I get started?
The kitchen is often the focal point of a property – a good or bad kitchen can make or break a house sale.
Talk to our friendly experts about the best options for your home, and what will stand you in good stead when it comes to adding value to your house price.