What does your kitchen say to a prospective buyer?

For many homebuyers, the kitchen is the central hub in which family time and social gatherings occur. As such, the look, feel and functionality of the kitchen are of utmost importance.

Prior to putting your home on the market, some kitchen renovations may be worthwhile to do in terms of yielding a higher return on your sale.

Minor Improvements for resale could consist of:

• Tidying the kitchen of all unnecessary clutter
• Cleaning the fridge, stove, dishwasher and any other appliance
• Replacing old hardware
• Fixing any leaking faucets
• Replacing any broken or cracked tiles
• Fresh coat of paint

By focusing on these minor improvements, you will help the space look both fresh and clean.

Major Improvements for resale may include:

• Replacing Kitchen Cabinets
• Installing New Counter-Tops
• Re-Tiling The Floor or Back splashes
• Opening up the space if closed off

Typically, kitchens (older then 10 years old) can earn an ROI of approx. 50-70 percent upon resale of the home. Before  you embark on a major renovation, make sure to do your homework on the cost of materials and labor. Once ready to sell, remember that The Terry Paranych Team is here to get you top dollar for your home.