Does a New Kitchen Add Value to a House?

In today's real estate market, homeowners are constantly looking for ways to increase the value of their properties. One popular way to add value to your home is by renovating your existing kitchen.

You might be thinking about having a breakfast bar installed or an aesthetically appealing sink as your new focal point in your room.

Equally, there are so many modern appliances you can add to your existing kitchen to get a fresh look.

But the question on many homeowners' minds is, does a new kitchen really add value to a house? Is a brand new kitchen really worth it, or is there an alternative to a kitchen refit?

Let's take a closer look at the value of a kitchen in a home and the factors that can influence the value added by a kitchen remodel.

How does a kitchen add value to my house?

A kitchen significantly adds value to your house by serving as the heart of your home, a space where families often gather and share memorable moments. When a potential buyer steps into a modern, well-equipped, and aesthetically pleasing kitchen, it immediately leaves a positive impression.

It assures prospective buyers that the house has been well-maintained and potentially reduces the amount of work they'll have to invest after purchasing.

The quality of a kitchen can reflect the overall quality of the house, making it a key factor in the buyer's decision-making process.

Furthermore, a kitchen equipped with energy-efficient appliances, sufficient storage, and a smart layout not only appeals visually but also promises functionality and sustainability, traits highly valued in today's real estate market.

How much should I spend on a new kitchen?

You should spend however much you want to and can afford on a new kitchen! According to Real Homes, you're looking at 5-10% of the value of your home. That's how much you should spend on a new kitchen.

Now, you can use house price calculators like L and C to see how much your home is valued afreplacet. And then work it out from there.

But we believe there's a much more simple, affordable way to add value to your home without having a brand new kitchen.

A kitchen makeover can make all the difference and will help you save money in the long run.

So how does a kitchen add value?

The kitchen serves as the heart of the home for many families. It is no longer just a space for cooking and preparing meals; it has become a central gathering area where family and friends come together. As a result, homebuyers place a high value on a well-designed and functional kitchen.

When considering the value added by a new kitchen, it's important to understand the role the kitchen plays in today's homes. The kitchen is often seen as a reflection of the overall condition and style of the house.

A modern, updated kitchen can give the impression that the entire property has been well-maintained and is move-in ready.

The Cost vs Value of a Kitchen Remodel

While it is clear that a new kitchen can add value to a house, it's important to consider the cost of the renovation relative to the potential return on investment. Let's dive into the average costs of a kitchen renovation and how to estimate the potential return.

Average Costs of a Kitchen Renovation

The cost of a kitchen remodel can vary widely depending on factors such as the size of the kitchen, the quality of materials used, and the extent of the renovation.

On average, homeowners can expect to spend anywhere from £5,000 to £17,000 for a full kitchen remodel. This includes expenses such as cabinets, countertops, appliances, flooring, and labour costs.

What impacts the return on investment if you get a brand new kitchen?

The quality and design of materials and finishes used and the local real estate market can affect your return on investment. But other factors, such as the overall condition of the house, the location, and the current market conditions, can also impact the final sale price.

Therefore, it's essential to consider the bigger picture when evaluating the potential return on investment of a kitchen remodel.

If you get a complete refit and then you're not happy with it, you might not get the benefits later down the line when you try to sell it.

Choosing a kitchen makeover can be cheaper. We just replace your kitchen doors. You can still get exactly the kitchen you want, just by replacing the doors, whether it's an elegant and streamlined look or something else.

We have a huge range of kitchen door fronts. Find out how much kitchen cupboard doors cost to replace.

What factors influence the value added by a new kitchen?

Not all kitchen renovations are created equal. The value added by a new kitchen can vary depending on several factors. These are 3 factors that can influence the value added by a kitchen renovation.

• Quality of the Kitchen Renovation

• The Impact of Current Kitchen Trends

• The Importance of a Functional Kitchen Layout

How much value can a new kitchen offer? Homeowner experiences

We spoke to Paul Ingram, from Lichfield, who helps do up properties in his spare time. We asked him what he thought about the price of having a new kitchen, versus just replacing the doors, and how it affects selling up later on.

This is what he had to say:

"I'd just get my doors replaced because of the cost saving, and it's easier. A brand new kitchen can take a few days at least, but new doors can be less than a day. Companies that do a whole new kitchen fitting often have deals on, but they can take much longer to actually fit, and these things always cost a fortune.

And with regards to the market, it's really subjective. You might get an edgy kitchen design you love, but then the new buyer rips it out because it's not 'generic' enough. So it's all relative.

A new kitchen can add value, but not like it used to. The market's changed so much over the years. The value of a house isn't just based on a kitchen, it's other things like where the house is, and the actual property itself"

Keep your existing kitchen and replace your kitchen cabinets

Getting a complete kitchen refurb can add value to your home, and we're sure some estate agents would agree. You could add a stand out feature in the kitchen and then hopefully you might be able to use that to get a higher property value.

But it's a big 'might'.

If you're thinking about spending money on your kitchen and you don't want to break the bank, you don't need to fork out hundreds for new kitchen appliances or have a new well finished floor installed. It makes sense to be savvy.

At Kitchen Magic, we just replace the kitchen doors. So you can request a quote or download our brochure, find your favourite styles, and we'll sort the rest - for way less than you might think!