How much value will a new kitchen add to your home?

What to consider before renovating your kitchen

There is something about shiny granite kitchen tops, or the wow-factor of a kitchen island or organised pantry that makes home buyers dig deep into their pockets. The kitchen has transformed over the years, from being something hidden behind closed doors, into the multifunctional entertaining space it is today. If you want to add value to your property, but you can only choose one room — choose the kitchen!

Think about what scale of building work you need to do — an extension, knocking walls down, new appliances or replacing the cabinets. DIY is cost-effective, but you will need time and skill. Usually a kitchen renovation will need to be done by a professional. 

Don’t scrimp on costs as it will show — but don’t blow the budget either!

Keep things in proportion — don’t overspend

When looking to increase the value of your home, spending proportionately is really important, because you don’t want to spend more than the value it will add. If house prices are going up, you will have more to spend. Likewise, if your kitchen is already looking pretty good, don’t waste money on making changes. A kitchen renovation to add value is best done to an outdated or scruffy kitchen.

If you are looking to add value but not spend very much, simply replacing the kitchen cupboard doors makes a huge difference. Cheaper still, you can paint the kitchen doors and replace the handles. You can also paint the kitchen tiles or stick tile stickers over the top for a refresh. 

What areas in the kitchen are worth investing in?

Where should you concentrate your investment to get the best out of your kitchen?

• Worktops — buyers love worktops as they are the first thing you see and touch and the eye is drawn to them. Invest in high-quality materials and ensure they are kept clutter free.
• Appliances — investing in a high-end stove such as an Aga or range cooker will instantly add value, particularly if it is a converted design or brand. Desirable brands include: Gaggenau, Miele, Sub-Zero and Wolf, La Cornue and Smeg.
• An instant hot water tap — these days, no renovated kitchen is complete without a convenient instant hot water tap. Kettles have had their time and home buyers are impressed with smart additions such as this.
• Lighting — smart kitchen lighting instantly adds a wow-factor
• Kitchen island — always a desirable feature to have, particularly in a family home.                                                        
• Open-plan space — knock down walls to make the space more contemporary, bigger and lighter.
• Glass wall — if your kitchen backs onto outside space, consider opening it up.
• Waste disposal unit in the kitchen sink — eco-friendly additions add value.

FAQ:

What adds the most value to a house?

The kitchen. Many homeowners spend the most time in the kitchen and it’s usually the most expensive room in the house. Creating an open-plan kitchen, or replacing cabinets or flooring costs a few thousand pounds, but can add many times that in value to the home.

What is the most expensive part of a kitchen remodel?

It’s surprising...the cabinets! They take up such a big portion of your kitchen space and have to be designed and fitted. 

How should I budget for a kitchen remodel?

On average, around £8,000, but this cost doesn’t include appliances.