Kitchen renovations have long been hailed for being among the best investments you can make in your home, and for good reason: they are. That’s because kitchen renovations are not just a good idea if you’re thinking of selling your home, they’re also a great idea if you plan on keeping your home until it’s time to turn it over to the next generation. In this post we’ll look at some of the many ways kitchen renovations create value.
The Lowdown on Kitchen Renovation Scarborough
There are many different manifestations of value. Some are easy to quantify, others are not so obvious but just as important. Kitchen renovations are a wide ranging value proposition because they encompass so many different types of value including:
✔ROI - ROI is the most obvious form of value a kitchen renovation will create. Ultimately the ROI you enjoy on your kitchen renovation will be largely a function of how much you invest. In short: the more lavishly you spend the tougher it will be to recoup your expenses. If you can keep a handle on expenses though, you may be able to enjoy nearly 100% ROI. Few other home improvement projects even come close.
✔Turnover Value - A kitchen remodel can be the difference between selling your house and not selling it. How do you put a precise dollar value on that? Buyers consistently cite the state of the kitchen as a determining factor in their decision to buy a particular home. So while it’s difficult to assign a dollar amount to this value the fact is that without the remodeled kitchen your house may linger on the market for a year or more.
✔Functional Value - Your remodeled kitchen likely includes all the functional upgrades you’ve been longing for making it more energy efficient, more comfortable, better lit and easier to work in. Your physical experience of the kitchen will now be enhanced in every important way and you’ll enjoy substantial energy savings with your new energy-efficient lighting scheme and energy saving appliances.
✔Emotional Value - We spend more of our waking hours in the kitchen than in any other room of the house. Kitchens are where we wake up, where we unwind, where we meet and catch up with each other and where we prepare and eat our meals. The process of renovation, if it’s done well, can elevate our already high level of engagement with this most social of spaces and generate peace of mind and a deep sense of satisfaction that transcends any dollar value.
The value of a kitchen remodeling project then is as far reaching as it is real and Arts Unlimited can help you achieve it. We’re the leaders in kitchen renovation in Scarborough and our years of experience on renovation projects of all sizes and complexity means no one is more qualified to handle your kitchen renovation project. Give us a call at 905-439-0294 to learn more about the many benefits of kitchen renovation in Scarborough or to schedule an appointment with one of our expert interior designers to discuss your renovation plans.