Can a luxury fitted kitchen add value to your home?
As we are all well aware the property market has been pretty stagnant for a good few years now. But there comes a point when if you really are desperate to move house you may just have to accept the fact that your current home is not worth as much as you had previously hoped. But you can still make some improvements that can add value to your property as well as making it more appealing to potential buyers, and creating a luxury fitted kitchen can do just that.
There are of course other factors that influence the value of a property, the most obvious one being it’s location. If you are fortunate enough to live in a desirable area you will instantly attract a higher valuation. In this case an all singing all dancing bespoke fitted kitchen would be money well spent. It would help your property to stand out from similar ones in the area and hopefully lead to a quicker sale. On average a new kitchen can add anything from 4 - 12% to the value of a house and you should use this as a guide when planning a budget for your new kitchen. Buyers see it as one expensive job they don’t need to worry about right away, which is particularly reassuring if the are ploughing all their available funds into a deposit. Improving the bathroom or adding an extra bedroom are also high on the list of worthwhile improvements.
The function of the kitchen has changed over the years. Before it was simply a room for cooking and cleaning but it has since become the most important room in the house. A social space where families gather to eat, talk and socialise for this reason it’s design has never been more important. Planning is important to make the most of your kitchen, and a competent kitchen designer will be able to advise you on how to maximise the space available. It is also advisable to try to match the style of your new kitchen to the period of your home so it doesn’t stick out like a sore thumb. This is where contemporary kitchen design comes into it’s own, creating a seamless bond between modern and traditional and making it really work.
Be warned however that a badly designed kitchen can have a detrimental effect on the value of your home and can really turn buyers away. Even if it is brand new, if it looks cheap, with a poor layout and unappealing finishings it really could do more harm than good. It is important to get it right.
As the current property market is slow many home are opting to improve rather than move, and creating a bespoke fitted kitchen or bathroom are the most common renovation projects to be undertaken. The luxury here is you can plan the kitchen around your own personal tastes and the needs of your family, as opposed to trying to plan from a buyers perspective which can be more tricky. If you are planning to install a bespoke fitted kitchen in your home you will expect it stand the test of time. Workmanship of the highest standard is essential to prolong the life of your investment, and whether you plan to sell up or stay put you will want the quality to be obvious to anyone who walks into the room.