Does a Kitchen Renovation Increase Your Home Value?

The kitchen often serves as the focal point of any home where food brings people together. A beautiful renovation project that adds second-hand value to your home, you can personalize your kitchen.

Take a look at the benefits of renovating your kitchen and how it can boost your profits when deciding to sell.

Individual Features in Kitchen Remodels That Increase Home Value the Most

The most significant design changes come from the smaller details in your kitchen. You can create your vision of the perfect kitchen by modifying the features around the room that you use daily. Minor kitchen upgrade ideas or even a new kitchen will increase home value due to the upgraded functionality and style you install in your house.

Consider these common kitchen home improvement ideas that can spark inspiration and improve your home’s value.

Cabinets

Think of your kitchen cabinets as a blank canvas that you can paint and decorate to make the space come to life. These features pull the whole room together effortlessly.

Kitchen cabinets are one of the most versatile and customizable features that allow you to incorporate your personal style into one of the most popular areas in the home. Not to mention, these stylish fixtures add incredible function via storage — and many homebuyers seek out ample storage when shopping around for homes.

Start your kitchen home improvement project with a few cabinet styling options to explore:

Materials: The base of the cabinet starts with the material you choose. Texture, appearance, and finishes can drastically change the wood and fiberboard look. You can select a few options for your cabinet material — cherry, oak, hickory, maple, laminate, and many others.
Styles: Cabinets can arrive with various styles of wood carvings and detailed appearances. With a splash of color, you can use these small intricate features to stand out to add more flair to your kitchen. The styles of cabinet doors you can choose from include versatile shaker styles, traditionally raised panels and modern slabs.
Finishes: The finish of your kitchen cabinets gives a final touch of your style that others can admire. Staining, glaze, and paints can turn your wood or laminate cabinets into the signature flair you plan to create with your renovation project. Consider a neutral finish that can become a blank canvas for future homeowners. White cabinets, for instance, are trendy right now, but they’re also timeless and adaptable for different aesthetics. You could also go for a two-tone look.

Countertops and Backsplashes

Add some depth to your kitchen renovation project with new countertops and backsplashes. These spaces are where family and friends gather to cook meals and share stories together. A change in style to these features can capture the attention of future buyers who can envision making their own memories in the same room. 

For this reason, new countertops and backsplashes that add flair to your kitchen cabinets can increase the number of potential buyers and improve your home’s resale value. Authentic marble, wood, or stone countertops are one of the most attractive kitchen upgrade ideas for buyers to observe when you sell. Backsplashes can draw in colors from your new cabinets that match the countertops to pull the whole room together.

Appliances

New appliances around the kitchen increase the functionality of the room’s primary purposes. A modern fridge, oven, cooktop, microwave, dishwasher, or other valuable devices can help make the kitchen come to life and make cooking more fun for the whole family. When the time comes to sell your home, buyers can appreciate the addition of new appliances that they will not have to purchase. They will be more inclined to spend more on the house, increasing the resale value.

Flooring

A prominent upgrade you can add to your kitchen home improvement plans is the flooring. Depending on the styles you choose for your cabinets and countertops, you can find beautiful floors that complement your selected colors and patterns. Wood, stone, tile, marble, and vinyl floors can add even more style and life to the most used room in the home.

New floors offer protection from water and steam damage and give the room a fresh shine. These upgrades are one of the first noticeable features of the kitchens that buyers admire because the floors suggest the room is in good shape, which increases the home’s value.

How Much Does a Kitchen Remodel Increase Home Value?

In 2022, a mid-range, minor kitchen remodel boosted resale by over $20,000, recouping a little over 71% of the cost. For a major mid-range kitchen renovation, the return on investment (ROI) was a bit over 56%, but it increased home value by more than $45,000. Even the most minor upgrades in kitchen renovation and remodeling can add value to the entire house.

The return on investment of kitchen spending has increased significantly over the past few years. Since this area is typically the house’s most used room by all family members, buyers tend to look at the kitchen first to determine the home’s potential in the future. A quality kitchen can increase your buyer pool, potentially driving up competition on your house and earning you higher offers.

Kitchen Remodels vs. Other Remodels

Remodeling projects that offer modern upgrades or expansions in the home can typically result in a higher resale value. Kitchen renovation quickly attracts the attention of future buyers.

With this in mind, you should renovate your kitchen before selling it. The same research from 2022 that found the return on kitchen remodels found these numbers for other upgrades:

Mid-range main bedroom suite addition: 53.4%
Mid-range bathroom addition: 51.8%
An upscale bathroom remodel: 53.5%
A mid-range bathroom remodel: 58.9%

A new kitchen offers future homeowners durable floors and cabinets. Resale value can increase thanks to your efforts when you invest in new and stylish spaces for your home.