I am thinking of selling my house in the spring. I have had lots of jobs done and the structure is fine but the kitchen is about 20 years old. It is sound but a bit dated. Should I fit a new one and add it on to the price or just clean up the existing one and sell it cheaper.
2007-12-07 06:32:11 · 12 answers · asked by ann b 3 in Home & Garden ➔ Decorating & Remodeling
yes, an updated kitchen will help your sale as well as increase the value of the house. i would reccomend new flooring, paint, and countertops. you could replace the cabinets as well if they're extremely outdated, or opt to refinish/repaint them. granite countertops will last a long time, better than laminate or something cheaper and also have more appeal to a potential buyer. look into ceramic or travertine tile for the floor as they are cost effective and more attractive than laminate (unless you have hardwoods, then leave those in). places like home depo expo can help you with all of these and make it cost effective. you could double the price of the renovations and add them to the sale price of the house and then if a prospective buyer wants to lower the cost, you could subtract half the added amount and still make your money back at the same time as them thinking they're getting a deal.
2007-12-07 06:38:24 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Forget the price of the house for a minute. Tart up the old one. Wait for the sales and buy some new doors and just fit them on the old units! Tile paint stay well away from coz it is nasty stuff. Maybe a new cheap surface and cheap lino on floor if that is a problem and then put the house on the market at the best possible price if you are not in a hurry but if you are then cheaper. Be led by the esate agents!
2007-12-10 16:02:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Kitchens (and baths) sell houses.
Depends on if you have the time and $$; you are sure to recoup 100% of your investment, if not more, especially if you are able to do some of the work yourself (sweat equity)
Otherwise expect lowball price offers, because buyers are going to be bidding with the thought that they are going to have to re-do the kitchen, in mind. May take longer to sell your house as well, because they are going to be thinking that they will have to either live with the mess, or postpone moving in.
Bear in mind that right now housing is in a slump in most areas, and it's a buyer's market, so remodeling can give you an edge.
If you do remodel stick with neutral colors.
2007-12-07 15:17:57 · answer #3 · answered by Karen W 6 · 0⤊ 0⤋
A up to date kitchen is a big selling point for houses these days. You'd probably be able to double your money back on the remodel expense. Hope the bath's have already been done.
2007-12-07 14:38:16 · answer #4 · answered by Anonymous · 1⤊ 0⤋
ask a realtor! they would be able to tell if the price, effort and time put into a new kitchen would be recouped in the selling price!
my guess is yes, and if your on a budget then just get new fronts for the cabinets and pick up floor tiles and sales, then have a go at laying them down yourself (its not as hard as it looks!) or get a skilled friend to do it for you!
good luck!
2007-12-07 14:49:52 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Agree with saved as and Babs but the market is tightening and any prospective buyer would factor in the cost of a new kitchen and indeed, as has been said, they may not like your taste in kitchens.Would hesitate to spend more than £2000
2007-12-07 14:45:42 · answer #6 · answered by busterdomino 4 · 0⤊ 0⤋
A kitchen is one of the top selling points of a home. If it is terribly outdated then you can do small things to update it such as putting new cabinet fronts on and changing the hardware, paint, take off really old wallpaper, etc...
2007-12-07 14:36:52 · answer #7 · answered by saved_by_grace 7 · 1⤊ 0⤋
Updating your kitchen certainly will increase your re-sale value. I would seriously think about doing so. Most times outdated kitchens or bathrooms will be a turn off to a prospective buyer.
2007-12-07 15:07:27 · answer #8 · answered by dawnb 7 · 1⤊ 0⤋
No, kitchens are expensive to change and the new people might have different taste. I'd brighten it up with a touch of paint where appropriate or maybe just change the doors & price it accordingly.
2007-12-07 14:42:31 · answer #9 · answered by Babs 3 · 0⤊ 1⤋
I would update if I were you. I know a decent and attractive kitchen is a BIG selling point for me.
2007-12-07 14:37:31 · answer #10 · answered by ۞ Vixen ۞ 5 · 1⤊ 0⤋