Homeowners in Colorado that make an investment in a new dream kitchen and/or bath are not only making the lives of their family members more enjoyable, they also are making an investment that increases the value of their homes. Many homeowners in Denver decide that they want a new kitchen, primary bath, powder room, etc. to increase the enjoyment of their home, to provide a haven to reduce stress, and spend a few moments of the day all to themselves. Colorado homeowners recognize that a new kitchen will bring years of enjoyment to their family, make meal preparation and help make clean up easier and more enjoyable. A well-designed kitchen provides additional space to work from home, home school, or have an enjoyable meal with friends.
Understanding the primary things you use your new kitchen or primary bath for helps professional designers better understand needs, wants, and budgets. Many homeowners in Denver recognize that the kitchen and primary bath are the two most important rooms in the home. If homeowners in Denver want to capitalize on the red-hot housing market and obtain maximum value for their homes, updating the kitchen and primary bath makes a lot of sense. If the primary goal of improving the sale value of the home is based on an update, that provides a different paradigm to designers. Regardless of your reasons for a new kitchen or bath, making the investment will increase the value and enjoyment of your home.
Realtor.com recently revealed the results of a survey that identifies the features that help homeowners sell their homes fastest and at the best prices.
Identifying improvements that generate the most significant increase in value on your biggest investment is more critical now than it has ever been. In 2020, homeowners spent more improving their homes than in any year since 2006, according to Harvard University’s Joint Center for Housing Studies. Not surprisingly, the top two rooms that captured the most interest and dollars are kitchens and baths, according to Houzz.com.
Realtor.com surveyed more than a million single-family home listings in to identify the top features that help owners to sell their homes fastest. The top features are as follows:
- Chef’s kitchen
- Theater room
- Home gym
- Three-car garage
- Solar panels
- Quartz countertops
- Exterior lighting
- Tennis court
- Home office
- In-ground pool
- Security system
- Fireplace
- Smart-home features
- Walk-in closet
The open floor plan concept has reinvented the kitchen, making it the epicenter of the home. Today’s kitchens are more personalized, visible, luxurious, and important to buyers. Realtor.com reports that homes with chef’s kitchens – even for families that don’t often cook – sell for more than double the national median sale price of homes without a chef’s kitchen. Chef’s kitchens commonly include a large open layout that allows for in-kitchen entertaining and typically features a large island, high-performing gas range, high-end appliances, refrigerator with freezer, multiple sinks, and dual ovens.
Quartz countertops ranked sixth on the most valuable improvement to sell your home. There are lots of reasons quartz countertops are held in such high esteem. According to another recent Houzz.com survey, quartz has become the most popular countertop material used in kitchen renovations, surpassing natural stone such as granite. Click here to obtain a guide to selecting countertops. Quartz has become the go-to material for many of our clients in Denver because it is easy to maintain and clean. There also are almost an unlimited number of colors, patterns, and finishes available to meet any design or décor requirement.
If you would like to know more about the financial and emotional rewards of renovating your new kitchen, please give us a call or visit one of our showrooms.
