You might think a minor kitchen renovation would not bring any significant changes to your home, but it could be more valuable than you think. After all, small kitchen projects earn over 71.2% return on investment. This means you can expect your small kitchen renovation to help you gain almost $72,000 on a $10,000 investment.
There are various benefits to upgrading your kitchen, such as:
- Increasing your home’s resale value
- Boosting the appearance of your property
- Improving the quality of your time at home
- Keeping your home safe and comfortable for your family and guests
The Difference between Minor and Major Renovations
Minor kitchen remodeling differs from major renovations. When you say minor, it entails small interior changes. These can be repainting the walls, replacing the kitchen tiles, adding some cabinet and tile touch-ups, or changing some countertop components.
On the other hand, a major kitchen remodeling involves interior changes and significant changes in the kitchen’s structure. You would probably use this type of renovation for an old kitchen or need some extreme improvements.
Some of these considerable renovations include changing the whole layout of your kitchen, replacing all the flooring, and building a wall to separate the kitchen from the dining room.
How to Make Minor Upgrades in Your Kitchen
1. Know Your Neighborhood
Before contacting a kitchen remodeling contractor, talk to a few real estate experts in your area. This way, you’ll get insights about kitchen trends in the neighborhood, so you won’t have to search for one. You’ll also be able to estimate how much things could cost.
For example, if you live in an area where most homes have granite countertops, you can’t use laminate countertops and expect buyers to show interest in your home.
2. Know Your Budget
Before starting your project, you should always set a budget. In some cases, homeowners go over budget because they don’t have a specific budget in mind. Thus, they’re not able to keep track of the costs. If you want to do it properly, you need to know how much you can spend on your project.
3. Make the Most of Your Space
The kitchen is usually one of the most visited rooms in the house. That is why you must make the most out of the space and reduce the risk of accidents.
When you plan a slight remodeling, you don’t have to change the layout of your kitchen completely. You can still improve your kitchen with minor changes, like adding a wall cabinet or changing the cabinet door knobs.
4. Know What You Want
Before you approach a kitchen contractor to discuss your kitchen renovation, it is necessary to have a plan. Write down your expectations, like how much you’re willing to spend on the renovation and what type of kitchen you want.
You can ask for various tiles, cabinets, lighting, and countertop samples. This way you can compare the prices for each and make your decision.
Kitchen remodeling, whether big or small, can yield significant results. This is especially true when you’re trying to sell your home.
Whether it is a small remodeling, like adding cabinet knobs, or a major remodeling, like renovating an old kitchen, the results are worth the effort.