Does a Renovated Kitchen Add Value to Your Home?
A Renovated Kitchen Adds Value to Your Home
When you think of a house, certain factors play an important role. They can completely sway the buyer’s decision on whether or not to buy the property. Aside from the regular factors that may come to mind and cannot be changed, such as the size of the property, the location, the neighborhood, and so on, some aspects are redeemable to make the property more appealing to real estate buyers. The condition of the kitchen is one such aspect.
The kitchen is one of the most used spaces in any residential property. As it is used daily, it is common for such a space to look dull compared to the rest of the property. When you are listing your property for sale, using the flat fee MLS service or any other service, buyers will inquire about the kitchen. If your kitchen plays such a pivotal part in the selling process, why not revamp it a little to boost the price of the property? Yes, you heard right! It has been observed that sellers who have renovated their kitchen before listing their property on flat fee MLS could bag better deals.
How Kitchen Renovation Can Add Value To Your Property?
Sellers undermine the power of simple home renovation on their property’s value. However, a renovation that improves your property’s appearance and functionality can increase its value in multiple ways. Kitchen renovation is the type of renovation that can help add value to your property. As one of the best flat fee MLS service providers in the US, at Listed Simply, we have seen plenty of people boosting the property’s value by conducting a simple kitchen renovation. Let’s understand why kitchen renovation has a significant impact on your flat fee MLS listings.
Aesthetic Lift:
One of the biggest perks of going ahead with kitchen renovation ahead of getting flat fee MLS service is an instant aesthetic lift. As the kitchen is used daily, it is common for the space to appear paler than the rest of the house. It can be quickly noticeable for the buyers, and they can feel repulsed by a dull-looking kitchen. Renovation will add to the aesthetic value of the property, which can be leveraged to boost its market value.
Functionality:
The kitchen’s appliances, including the oven, countertops, taps, and other necessary appliances, are also being replaced when renovating the kitchen. This is a significant utility element to the real estate property. The buyer can enjoy the new facilities to their full potential. This can come in handy to crank up the property’s value when you are availing of flat fee MLS services.
Professional Photos & Videos:
When listing your property on a flat-fee MLS service, you need to add some professionally shot photos and videos of the property. This offers a perspective on the property to the buyers. Real estate buyers form their initial opinion of the property based on the photographs and videos. If the kitchen is in a sad state, the same will be reflected in the photos and videos. It will affect the opinion of the property in the minds of buyers. The digital value of the property on the flat fee MLS listing portal will suffer because of it. As a result, you can expect limited attention to your property from potential buyers.
Visits:
As we have said previously, the kitchen holds value in decision-making. When a potential buyer comes to visit your property before deciding whether they want to buy, they will check every corner of the property. The corners that you have hidden from the photos or videos in your flat fee MLS listing will be visible to them. If you retouched the photos and videos in the hopes of getting away with it, it cannot happen during a visit. Renovating can help you change those aspects and increase the property’s value.
A kitchen renovation is simple but adds significant value to the property. When you are going for a flat fee MLS listing service, you can exponentially boost the property’s value by doing a little renovation here and there. It is particularly crucial for older properties. Although it may cost a little money, renovations can increase the value of your property and yield significant returns.