Does A Kitchen Renovation Add Value To My Home?

As the world comes to a stand-still and many people are on lockdown in their homes, we’re forced to consider all the ways we can keep ourselves entertained and utilise our time. One way is home renovations. If you have been getting out for your daily exercise, no doubt you have seen a lot of people painting, sanding and tinkering around the house. You may have even seen the lines out the front of your local Bunnings as further proof home reno’s are a popular option during this period of isolation. And why wouldn’t you want to do something about it now that we’re in our homes pretty much all hours of the day? It’s an opportunity to focus on those home renovations you’ve been meaning to do but perhaps have been putting it off due to lack of time. In addition to improving the overall look and feel of your home, renovations are also a great way to increase the value of your property.

When it comes to your return on investment, not all renovations are created equal. Kitchen renovations have been known to provide a great bang for your buck. A recent survey by realtor.com found 80% of people regard the kitchen as the top 3 most essential spaces in the home, so it makes sense this is a space you would want to showcase.

Veejays have been renovating Perth kitchens since 1989. With over 30 years of experience, we’re here to give you some handy advice on how to get the most value out of your kitchen renovation.

Consider A Budget

First, you want to think about a budget. This budget should be in line with the value of your property. There is no point in spending $60,000 on a new kitchen if your home is only worth $300,000. It is unlikely you will make your money back. At the same time, if you have an expensive property, you don’t want to go cheap on the renovations as it could decrease the property price. According to homeadvisor.com, you should follow the 5 to 15% rule. Spending any less than 5% on a renovation can cheapen the property’s value. Spending more than 15%, and it is unlikely you will recoup your investment.

DIY Or Call In The Professionals?

Kitchen renovation in Perth

Small changes can make a big difference. A fresh coat of paint, some new lights, a fancy faucet. These are a few cheap and easy ways to give your kitchen a refresh. And if this is all you need, then going the DIY route could be a good option. Once you start looking at ripping out walls, rearranging appliances or installing new surfaces, then it might be time to bring in the professionals.

Kitchen Renovation Style

The style of your kitchen renovation needs consideration also, significantly if you’re transforming it with selling in mind. If this is the case, you’ll want to think about a timeless and classic style that will appeal to the masses rather than keeping it niche or personal. Neutral colours also are always a safe choice. The type should stay in line with the rest of the home. Consider the age and state of your property when designing your kitchen renovation. A modern kitchen may look great but would be out of sync in an older, cottage style home.

Kitchen Design

Design is essential, and a good rule to follow is the kitchen triangle. The kitchen triangle is a concept used to help determine efficient kitchen layouts that are both aesthetic and functional. The triangle refers to the space between the fridge, stove and sink, where most of the tasks in the kitchen take place. The idea is when these three elements are set out well. Then the kitchen will be easy and efficient to use. At Veejay’s, we understand that the design element can be daunting. If you are looking for inspiration, our award-winning showroom located in Malaga provides the largest display of complete kitchens that Perth has to offer. You can also contact us to arrange an obligation-free in-home consultation with one of our qualified designers.

Big Value Boosters

When you’re looking to add value to your property via a kitchen renovation, there are a few things that can help bump up the price. Stylish tap fittings and home water filters are an easy way to add value to your kitchen. It’s probably worth incorporating as many of these as possible with the space and budget you have available.

Add An Island

Does A Kitchen Renovation Add Value To My Home? Mannin kitchen Dec18 Copy 2

Introducing a kitchen island is an excellent way of drawing out the kitchen and making it a more open-plan living or dining space. It can give the feeling of your kitchen being more significant than it is, and if done correctly, it means more prep space for you and your household when it comes to cooking. Add open shelving to your kitchen island to make it look less bulky and more spacious.

Invest In A Luxurious Benchtop

Perth Hills kitchen

The benchtop is the first thing that buyers will see when they enter your kitchen for the first time. Therefore, it’s worth investing in a luxurious benchtop, or at least one that looks luxurious. Engineered stone, Porcelain and Granites are stunning materials if you have the budget and a home to match. Hard-wearing laminates are a great alternative to consider. Kitchen benchtops get a lot of use with all the cooking, meal prep and baking you’ll do, so it needs to be a durable surface.

Quality Appliances

Quality appliances can give your kitchen an instant boost in terms of aesthetics. Pro-tip, look to purchase devices from the same brand and range to give your kitchen a coordinated and stylish look.

If you’re interested in a kitchen renovation or have been planning to do one for a while, this is a service that veejays can gladly offer. As one of Perth’s most experienced and trusted kitchen renovation companies, we can work with any budget or style. However, don’t blame us if selling is the furthest thing from your mind by the time we finish your dream kitchen. Contact the team at Veejay’s today! Veejays will help bring your vision to life and add value to your home.

 

FAQ’s

Does a kitchen renovation add value to my home?

Kitchen renovations can provide a great return on your investment. A recent survey by realtor.com found 80% of people regard the kitchen as the top 3 most essential spaces in the home, so it makes sense this is a space you would want to showcase.

How much should I spend on my kitchen renovation?

According to homeadvisor.com, you should follow the 5 to 15% rule. Spending any less than 5% on a renovation can cheapen the property’s value, spending more than 15%, and it is unlikely you will recoup your investment.