What will be the return on my investment for my kitchen remodeling Project?

This blog post is about the return on investment for a kitchen remodeling project. We all want to know that we have spent our money wisely. However, keep in mind that if you intend to live in your home for a while after the remodeling project that there is a clear benefit to you. It is hard to put a dollar value on use and enjoyment you will experience with your new and wonderful kitchen.

With that in mind, let take a close look at a strong approach for a kitchen remodeling project with the intent to increase the investment value of the project.

A kitchen is the most expensive area of your home in terms of construction. And your kitchen will be an area where you will spend a significant amount to time. You may not only cook there but you may entertain and socialize as well. Your little humans may do some of the homework there and you may even set up a place to sit down and have a cup of coffee while browsing the internet of perhaps even watch the news. People spend a great deal of time in their kitchens. So, consider your investment as a way to increase your enjoyment.

That said, it is the key room of a home when it comes to attracting home buyers. A proper investment can pay off big. A kitchen is an area of your home where people can tell if money has been well spent of not.

From an investment perspective here are some key points:

1. Time Before You Intend to Sell

The kitchen is the “heart of the home”. You will have family gatherings there. Socialize with friends. If you intend to do a kitchen remodeling project, consider both your return on investment but also do something that makes sense for you and your family. With some planning and you can achieve a wonderful kitchen upgrade which serves both purposes well.

2. The Value of Your Home

Be careful to invest wisely. For example, to invest in a Viking Range which retails for over $20,000 if your home is valued at 200,000 may not be money spent wisely from an investment perspective. You may love your new range but may not be able to maximize the return on your investment for this kitchen remodeling project.

A better investment and could be an upgrade to your kitchen cabinets and a set of major appliances (stove, refrigerator, and dishwasher) that all match and that integrate nicely with the new cabinets. A Kitchen & Bath Kitchen Designer can help you with these decisions.

3. Your Home versus the Local Competition

A realtor will bring potential buyers to homes that are similar to yours in nature. Your home will have competition. Consider how your home may stack up to the local competition. Work with your listing agent to understand how your home will compete. If you have an older yet charming 4 bedroom home with a single and small bathroom then a bathroom addition to add a 2nd bathroom may be a wise choice for investment dollars.

4. Kitchen Remodeling as an Investment

Most real estate experts agree a kitchen is key to improving a home’s value. A homeowner may be planning to sell soon. They have a budget to that will cover the cost to renovate the kitchen or this same budget could split up to do many other smaller items. The kitchen remodeling project is the one to pick.

When realtors showcase a home, they would love to make the kitchen the focal point. A realtor may feel uncomfortable spending time in the kitchen if the kitchen does not show well. The realtor may usher the potential buyers to the deck or patio to minimize the time spent in the kitchen.

If a kitchen does not show well then, the realtor may even have a subtle way of stating “outdated”. I visited a home with a realtor and he made the statement that the appliances were vintage 1970’s and that it would be hard to find replacements even on eBay. It was cute and nicely stated. However, the real message was that the kitchen needs a serious update. We all laughed and went to the next home.

Therefore, your home, with a nice kitchen, will attract buyers and help a realtor display your home with confidence. Moreover, for almost every home showing, an impressive kitchen will almost always make the difference between an average offer and the maximum.

Summary – Your Return on Investment for Your Kitchen Remodeling

The time before you sell you home is important. Do something that makes sense for you and your family.

Set you kitchen remodeling budget wisely to maximize your return on investment. Budget based on your home and your local competition.

In addition, look closely at the other areas of your home where you could invest but be clear that the kitchen is often a focal point for and buyers and the realtors that will be showing your home.

Dedicated Kitchen Design Shop or Big Box Store?

Can I Get a Better Deal on Kitchen Cabinets at the Big-Box Stores?

A well-thought-out kitchen design is essential to achieving an excellent result. You need a design and a plan some may even say “If you fail to plan then you have a plan to fail.” This is probably the biggest difference between buying your kitchen or bathroom cabinets at a big-box outlet.

At KBC Direct we help you with all aspects of your kitchen or bathroom design and then help you define a plan that leads to the best result.

Color affects people in many ways, depending on age, gender, ethnic background and

even climate. Certain colors (or groups of colors) tend to get a similar reaction from most people; the variations come from the shades or tones used. It is so important to choose colors wisely when it comes to kitchen and bathroom designs. Let KBC Direct help you with this important color selection process.

This blog emphasizes the importance of color selection and will do this using the color of the year for 2018 which is PANTONE 18-3838 Ultra Violet.

Any kitchen or bath color can be used in many ways. Your entire room can be painted with a specific color which can work well in some cases such as using white. However, with something more dramatic – such as Ultra Violet – it would be appropriate to emphasize something using this color.

For more dramatic colors consider how they can be used to focus attention by painting a focal piece of furniture or a section of a wall.

The colors you select will also have an impact on the feeling and mood of the space. For those who may want to increase their reflective and motivational state then purple hues are an excellent choice. This means that Ultra Violet is a perfect choice.

This year’s color is rich, dramatic, and sophisticated. It is a color often associated with luxury and creativity. It can be applied as an accent or a secondary color and will add both depth and suggests experience which is always something someone who is serious about their kitchen and their associated cooking wants.

Ultra Violet, or Pantone 18-3838, is a complex, celestial shade of purple, that calls to mind the vastness of all the potential recipes and cooking techniques. It helps to increase our powers of spirituality (something we may want to enhance when sinking into a hot

bath). Ultra Violet will help to increase creative expression in all its forms.Nuanced and full of emotion, the depth of PANTONE 18-3838 Ultra Violet symbolizes experimentation and non-conformity, spurring individuals to imagine their unique mark on the world, and push boundaries through creative outlets.

How do you get started with the color selection of your new kitchen? What mood do you want to create? Which colors will help you achieve that mood?

Look at magazines, decorating books, blogs, and websites for ideas. Visit Kitchen and Bath Creations and sit and have a cup of coffee with one of our designers and discuss ideas and concepts. It will be both fun and rewarding.

Also, let your textiles be your guide. Fabric, carpeting, furniture, and tile are available in a more limited range of colors than paint, so choose these items first and then decide how to create the complete look and feel by blending in Ultra Violet. A KBC Designer will be happy to help design in just the right amount of this dramatic color.

We have found that some people are fascinated by this year’s Ultra Violet, while others are intrigued and want to explore the possibilities. If you fall in the latter category, you can bring this color in through smaller, less bold ways, without making any big changes or investments. Thoughtful touches of Ultra Violet can be used via kitchen accents such as with window trim or towels and cushions or artwork to add warmth and distinction to your kitchen. Because it’s such a lush, deeply saturated hue, Ultra Violet can have a large impact even in small doses, while still looking restrained and elegant.

In the bathroom, it can create a feeling and mood that helps you to relax just like a lavender scent. Again small accent can have a big impact or you could paint an entire wall and ceiling with this wonderful color.

Stop by Kitchen and Bath Creations in Columbia. We will be happy to meet with you and outline some ideas. This year’s color of the year – PANTONE 18-3838 Ultra Violet – is a fun and exciting color and KBC will help you to make your kitchen or bath remodeling project fun and exciting too!