The Hub of Your Home: The Kitchen
The Hub of your Home: The Kitchen
Hi All! The start of a New Year always gets people thinking about change and more than likely, at one point or another, people are bound to focus their need for change on their home. Remodeling can be a tricky business if you're not careful about it, but it can also be one of the best ways to increase the value of your home as well as show off your personality. Stephen Jones, with the National Association of Realtors, wrote an article on December 24, 2012, about the Do's and Don'ts of remodeling your kitchen and we thought it was so awesome we just had to share it with you. Keep reading for some tips from his insightful article.
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Kitchen Remodeling: The Do's and Don'ts of Improving Resale Value
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One idea home owners might have is to refinance their home with a cash-out option and then use that money to rebuild the kitchen. However, this might wind up just letting them break even.Let’s say a home owner purchased his home for $300,000. The cash out of his refinance is $20,000, and he uses that to create an entirely new kitchen. A couple years later, he goes to sell the house. It appraises for $330,000, but people are only making lower offers. He is basically forced to not move or accept a lower offer of say $310,000. This will then leave the home owner short on the house, which is not good at all!
Do Observe Trends
Try to find out what types of kitchens are selling in the area. Do people prefer stainless steel or black for the appliances? Are people looking for eat-in kitchens, or do they prefer ones that have just an island in them? Look at pictures of recently sold homes in your area, or take note of kitchens at open houses to help gauge trends.
Consider Available Space
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Clearly, remodeling a kitchen is a huge undertaking that will likely leave home owners without cooking space for awhile. Therefore, it’s important to be aware of all the components that go into such a remodeling, particularly how it may affect resale if they plan to sell their home in the near future.
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Now that you have some ideas about how to plan your next home-improvement job, we wanted to offer you some tips on the fun part of remodeling; the design process!
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Just yesterday, January 7, Melissa Tracey wrote an article in Realtor Magazine that was posted on the National Association of Realtors website. This article by Tracey went so well together with Jones's article that we couldn't mention one without the other. Read on to find out about the top kitchen trends in the coming year!
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8 Kitchen Trends to Watch in 2013
1. Modern style: Kitchens are getting more modern in style, boasting simplified lines and offering up big, open spaces perfect for entertaining.
2. Tucked-away appliances: Appliances designed to blend in with the rest of the kitchen, like with the same wood of the cabinets, are becoming more popular. Also, some appliances, like undercounter or mini refrigerators or trash compactors, are being tucked away into a kitchen island.
3. Lots of lights: Great lighting in the kitchen is becoming more important, with lighting being layered with a mixture of task lighting and ambient lighting. Under-cabinet LED lights are becoming more commonplace.
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5. Neutral color schemes: The use of neutral colors in the kitchen is on the rise, particularly in shades of
grays and greens and a variety of wood tones. Bright colors are being reserved for only small accents in the kitchen.
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7. Decorative range hoods: Trends are moving away from a conventional stainless steel trapezoid-shaped hood to more decorative range hoods. These hoods may have built-in LED lights and are even serving almost like a decorative chandelier for a kitchen island.
8. Glass backsplashes: High gloss is “in” for cabinets, appliances, and backsplashes. A single-sheet, back-painted glass blacksplash is growing in popularity, which are also known for being easy to clean. These glass backsplashes are also reflective, adding a polished decorative touch to kitchens. Glass mosaic tile sheets are also increasing in popularity.
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So there you have it folks! Some tips and advice for improving the hub of your home in 2013! After all, you spend most of your time in your kitchen and so does your family so shouldn't it be a space that you love? We think so. Best of luck and remember, The Roxburgh Group is here to help with all of your real estate needs!
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