10 Kitchen Renovation Ideas to Boost Your Property Value
Your kitchen renovation immensely impacts your overall property value. To boot, it’s one of the first areas a prospective buyer will look at. So, this is one area you can’t skimp on. Look at the below kitchen remodel ideas to pinpoint areas for improvement:
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Best Kitchen Remodel Ideas for 2024
The little details add up. As Baltimore hard money loan providers, we know that adding even a few of the below changes can make a huge difference for your investment property. Consider adding some of these standout choices below.
Account for Kitchen Clearances
This one isn’t so much an idea as much as it is an overlooked necessity. As you mull over your kitchen remodel ideas, you should follow standard clearances, including:
- 15 inches of countertop on either side of your cooktop or fridge
- 24 inches of counter space on one side of the sink and 18 inches on the other side
- 15 inches of landing space above, beside, or below your microwave
Remember these numbers throughout your kitchen renovation process.
Build an Accessible Kitchen
You can appeal to a wider range of buyers if you make your kitchen makeover accessible. After all, according to the CDC, 1 in 4 Americans has accessibility needs, but many kitchens don’t take this into account. With this, it’s an easy way to stand out from the competition.
To accomplish better accessibility, you can implement a ground-floor plan to place the oven, drawers, and shelves at a lower height. Also, you can decrease the height of your countertop. Furthermore, you can provide wide spaces for walkways, which makes moving in a wheelchair, stroller, or walker easier.
Whether or not your buyers have specific accessibility needs, they will still expect that your kitchen is easy to navigate. As a rule of thumb, you should stick to the following numbers in your kitchen renovation:
- Kitchen-wide paths should be 36 inches wide
- Cooking area paths for one-cook kitchens should be 42 inches wide
- Cooking area paths for two-cook kitchens should be 48 inches wide
Incorporate Kitchen Technology
Smart devices are all the rage these days. They’re one thing that home renovation shows focus on in their fix-and-flips. As such, your kitchen makeover should reflect that. There are countless ways you can implement these trends in your kitchen. For instance, you can install smart taps or smart lighting. If you want, you can even add a smart trash can (yes, you read that correctly). While these additions may sound a little ridiculous at first blush, they make your kitchen renovation look futuristic and state-of-the-art to buyers.
Consider a Closed Kitchen Layout
Another kitchen renovation trend that has become popular is closed kitchen layouts. More families are opting for compartmentalized spaces instead of open-concept layouts. For instance, many homeowners want to separate their kitchen use from their entertainment rooms. So, you might want to silo each section of the house to make each area its own separate sphere.
Arrange the Range
By putting storage spaces near the range, you can make cooking more convenient. For example, you can put a shelf near your cooking range. This can be an easy way for buyers to store spices, oils, and other common condiments.
Or, you can put hooks on each range hood side for people to hang pots and pans. That way, everything is in one place.
Play with Color
Colors make all the difference in your kitchen makeover. At the same time, you don’t want to overdo it and visually color the space. The best answer is to add sprinkles of color all around. For example, you can add a hint of tranquil blue or sunny yellow in a few spots.
A great way to maintain this balance is to choose a focal point for your coloring. As one idea, you could stick to counters or cabinets as the center as the central points of your coloring scheme.
Pick a Focal Point
Aside from your color scheme, your kitchen’s positioning could benefit from being centered around one focal point. Also, you could make this focal point the most elaborately designed, while keeping the other surfaces minimal.
Install Kitchen Outlets
In our ever-connected world, outlets are more critical than ever. As a result, buyers will expect bountiful outlets to plug in tech wherever they want.
One way to do this is to replace older sockets with ground-fault circuit interrupters. Particularly, this is important near shock-sensitive water sources. With this change, your buyers can have enough power for all their appliances.
Play with Floor Patterns and Materials
You should spruce up the kitchen floor design to really make it pop. For instance, you could install textured tiles to add complexity to your floor appearance. As an alternative, you could also try bamboo, which is dense, moisture-resistant, and can handle more wear and tear than traditional hardwoods. Either way, you should make sure your flooring’s finish is waterproof.
Don’t Forget Kitchen Lighting
One of the most overlooked kitchen remodel ideas is renewed kitchen lighting. Many people forget this point, but it greatly impacts your space’s ambiance. On one hand, intense lights will make your kitchen look glaringly bright. On the other hand, softer lights add a calm, serene atmosphere to the space.
In particular, consider overhead lighting. For instance, pendant lights over countertops give people the lighting they need for their cooking while adding classiness to the room. Also, accent lighting under cabinets and on open shelving can brighten their dark corners, and by extension, warm up the place. Such switches can transform your kitchen on a budget.
Kitchen Renovation Types and Costs
Typically, there are three kitchen renovation types. Take note of these price ranges:
- Minor Kitchen Renovation: With a small-scale kitchen renovation, you maintain the kitchen’s current layout and main features, while tweaking its smaller details. These can include wall painting, cabinet refacing, backsplash updating, and appliance changes. Generally, these fixes can be done for a$10,000 to $20,000.
- Midrange Kitchen Renovation: A midrange kitchen renovation often includes features such as custom cabinetry, flooring and lighting installations, and a kitchen island. On average, these renovations range from $20,000 to $70,000.
- Major Kitchen Renovation: A major kitchen renovation involves changing the kitchen from the ground up. With these remodels, people replace almost everything with the most high-end materials possible. As a few examples, they might add built-in water filtration systems or luxury appliances. A major kitchen renovation can cost from $70,000 to $130,000.
Fund Your Kitchen Makeover with MHML
You can bring your kitchen makeover to the next level by paying attention to detail, such as kitchen lighting, smart technology, flooring, and enhanced outlet access.
As you read through this article, you might have gone through a few phases: curiosity, inspiration, and finally, frustration. Perhaps, you think these kitchen remodel ideas sound great, and you can almost viscerally see them in your property, but the barriers to entry are just too steep. It’s nearly impossible when $10,000 lies at the low end of renovation costs.
…Or so you think. Luckily, you have methods at your disposal to make your dream kitchen renovation a reality. You can get a renovation loan. And you can maximize your efficiency by using hard money renovation loans, specifically.
These expedited loans allow you to customize your loan, receive it faster, and complete the payment period faster than traditional loans. This way, you don’t have to wait months for the money you need to get your kitchen renovation done now. Even better, when you secure your hard money loan from a local business like us, you can enjoy a level of customer service that you can’t from the big banks. Contact us today to jumpstart your kitchen makeover ASAP.
