When considering upgrades to your Silicon Valley real estate a kitchen remodel is likely to provide the biggest return on investment and also give a sense of satisfaction and accomplishment. Many real estate professionals recommend updating the kitchen before a sale. Nationally, kitchen remodels provide a 62 percent return on investment (according to the National Association of Realtors’ 2017 Remodeling Impact Report). In hot markets, like the Bay Area, kitchen remodels often bring in over 100 percent return on investment (according to Remodeling’s 2017 Cost Vs. Value report). It is a hot selling point to come tour a home and see a beautifully updated kitchen. That means the new homeowner will have one less thing to update after purchasing a Silicon Valley home. Therefore, a home is likely to sell faster with an updated kitchen. Talk to your realtor about the benefits of a full remodel vs. updating certain parts of the kitchen. There could be benefits of either before selling a home.
No Matter How Long You Stay in Your Silicon Valley Home, You’ll Enjoy a New Kitchen
A new and beautiful kitchen also offers a sense of joy and satisfaction in being at home. This means that even if you are not planning to sell your Silicon Valley real estate in the near future, it may be a good idea to go through with a kitchen remodel. Studies have shown that an updated kitchen makes people more happy being in their homes. This, in turn, can help people save money and be healthier by staying home and cooking. Think of the joy you would feel gazing into a new and beautiful kitchen while relaxing in the living room. Also, imagine the joy of preparing dinner in a clean and sleek new space with top of the line appliances and designer cabinets. Get that old kitchen out and enjoy it when still living in the home. If, in a year or two you are looking to sell your home, this update will already be done and it will be easy to get top dollar and sell fast.