There’s no wrong reason to add value to your house. Whether you’re prepping to sell in a vibrant housing market, or you just want to invest in the place you’re building up with your spouse and family, improving the value of your home is always a good idea. That said, when you’re considering remodeling, it’s essential to know where (and how) to begin. When they’re done right, kitchen and bath remodeling to improve resale value in Jackson, MS is right at the top of the “smart choices” list.
Time and again, housing market experts do their best to explain that the kitchen and bathroom are a big deal to home buyers. Kitchens and bathrooms are two of the rooms where people spend much of their time on a daily basis. For many buyers, the kitchen and the bathroom also serve as an indication of whether or not the previous owners invested time and money into their home.
Remodels by the numbers
Whenever someone gets a new kitchen or has their bathroom remodeled, there’s probably someone standing by and taking notes. When all is said and done, those compiled cases indicate that it’s hard to go wrong with either a kitchen remodel or a bathroom remodel.
A kitchen remodel returns about 54 percent of your investment, meaning that if you spend $10,000, your home’s value will increase by $5,400. However, that’s on the low end of the spectrum—thriving housing markets have reported home value increases of more than 100 percent of the value of the kitchen remodel investment.
When you remodel your bathroom, you can expect about a 70 percent return on investment (i.e., you spend $10,000, your home value goes up by $7,000). That said, the same rules apply to bathrooms as kitchens: in a robust housing market, the value could increase dramatically.
Either way, kitchen and bath remodeling to boost resale value in Jackson, MS is worth a look.
What not to do
There are some things you should avoid when considering a kitchen or bathroom remodel. Before we dive in, however, you must remember your purpose. If you don’t want to sell, then get the upgrades you want. A wine fridge might not offer a massive return on your investment, but if you’re a connoisseur, the investment is worth it to you.
However, if you’re prepping for resale, here are some things to avoid:
- Don’t over-improve your home. Think about the price of other homes in the neighborhood, and then bring yours up to scale.
- Don’t get cheap cabinets. You can tell, and the buyer can tell. They’re not good for anyone.
- Don’t try and force in an island. Yes, they’re convenient, but if your kitchen is too small, an island will just amplify that lack of space.
You can learn about more mistakes to avoid when you hire a talented contractor to help with your redesign.
Build your perfect kitchen
Learn more about kitchen and bath remodeling and how it impacts resale value in Jackson, MS by contacting Kitchen Kreators Ltd. Our talented team has more than three decades of experience turning houses into homes. Call today to schedule an appointment!