Like most homeowners, you’re most likely going to do some kind of renovations to your kitchen, but that doesn’t make the job any easier. Here are three things you should definitely think about before doing a partial kitchen remodel or a full one.
Do You Have All the Information?
As a lot of us know by now, a partial kitchen remodel can add serious value to any home, but is that specific renovation you’re thinking of right for yours? We highly recommend talking to some real estate experts in your area before making any big decisions, as they can inform you on just how much value you’ll add by updating your cabinets. When it comes to spending a hefty amount on countertops, you want to make sure you’ll get that money back in the future if you decide to sell your property.
It’s also important to think about how the future price of your home will compare to the prices of other homes in your neighborhood. If your partial kitchen remodel forces a sky-high price tag on the entire home compared to the one next door, chances are home buyers will choose the latter. A real estate expert will come in handy for whatever renovations you decide to do; they can give you the most up-to-date information that will help you make the right choices.
What’s Your Budget?
Just like with other expenses in your life, budgeting your full or partial kitchen remodel should be a high priority as a homeowner. Going into lifelong debt over cabinets and countertops is simply not worth it, so we sincerely recommend you save up enough money before paying for renovations that you’ll keep for a long time. If you’re going to refinance or open up a home equity line of credit, be absolutely certain that whatever you do to your kitchen will add real, profitable value to your home. There are many options for adding great value to your house through your kitchen, but we’ve nailed it down to five.
Major Upgrade or Minor?
Big or small, kitchen upgrades can come with a steep price tag, so be prepared and be aware of the total amount of money you’ll be spending on renovations. If you’re thinking of doing multiple renovations and changes, like new flooring, new appliances, better vents, a modern sink, and countertops, it can cost a fortune. Minor upgrades, while obviously smaller than major ones, can still cost thousands of dollars, so our general rule of thumb is that you should ultimately remodel what will give you the most bang for your buck.
Don’t break the bank for a more aesthetically pleasing kitchen, be realistic with how much you’re able to spend. While major upgrades can definitely increase the value of your home, chances are you won’t get any profit out of it, especially if your neighbors only have minor upgrades, as we mentioned before. If you have the budget for it and personally want some major remodeling, you can. Otherwise, you should stick to the minor stuff.
Partial Kitchen Remodel at Stone International
At Stone International, remodeling homes is our favorite. Our team would love to guide you in the process of getting a partial kitchen remodel, as well as provide you with the materials and/or installations you need to do just that. Check out our website for more information, and contact us any time.