Home Improvement for House Value: Mistakes Part Nine
Welcome back, let's talk about cabinets. Now, in the spring season remodeling is all the rage with kitchens and bathrooms topping the list of what adds value and popularity. Keeping in mind how long you intend on living in the home, this is one project you should weigh carefully in terms of return on investment vs. just doing some inexpensive DIY things for a good face-lift on the existing cabinets.
The "Face Value of Cabinets"
For increased house value most will remodel the whole kitchen, perhaps enlarging it, installing a new garbage disposal, fixtures and appliance upgrades and this is great if you intend on buying a home, living in it for some time and then selling a home at a profit. However, if it's going to be many years down the road, you may want to replace the cabinets at a later date so they look newer when you finally do choose to list the home.
There's a few things you can do with existing cabinets that can work wonders, both inexpensive and things you can do yourself. Depending on how bad they are you can give them a little love and simply paint them and change out the hardware for something newer and more pleasant to look at with very low cost. Going a little further you may want to resurface not just the cabinet doors but all the faces.
Look at this picture, the cabinets aren't new, but with some paint and modern hardware this kitchen comes alive, is bright and clean looking. In this instance the cabinets were sanded down, stained and the doors were painted with all new hardware installed. It's amazing what a little DIY can do for a home, not to mention the money saved.
So, there you go. It's one thing if you want a beautiful brand new kitchen and new cabinetry and just don't want to wait. The hope is they are in great condition when you go to sell the home. If you can wait until just before you do list the home, it's better to install new cabinets then and just apply a little DIY love your existing ones. Now, if the cabinets are horrendous, you could either have some inexpensive but nice ones installed and save some money by buying unfinished cabinets and doing the staining or painting yourself, maximizing your dollar and return.
I invite you to explore some of the other topics in this little blog series. My business partner Marty Snyder and I buy and sell homes all over the Southern Ohio real estate market from Dayton to Cincinnati, and we work with a lot new home buyers and real estate investors. We see lot of varied levels of success and these topics are based on what we've learned from them over the years. I can tell you getting over zealous is usually the worst thing a home owner can do, either to heavy with "making it their own" or trying to create a showcase home out of an investment property. Simpler is almost always going to better.