After you have looked at your competitors and decided who are the people you would need to market toward, you should look back and evaluate of your kitchen. Most likely the work that will need to be done is purely topical. If you must, though, do serious renovations you should definitely consider doing so because the kitchen is a big part of your house sale.
You have a choice-you can either spend the money to renovate the kitchen or you can just let the sales price be lowered. The disadvantage with that though is that your house will be compared with the other houses, and if they have a stronger kitchen then it is more likely that the other house will be chosen.
Most of the people have a hard time imagining the kitchen after it has undergone renovations and even though they will know that your property is not as expensive as the other, their image of the house will still be tainted by the kitchen. It is known that a renovation is not a pleasant experience and that would simply make them opt out.
There is a little snag with updating your kitchen - you probably won't get all your money back from the cost of renovations. It is a buyer's expectation that the kitchen will be at a certain standard and while you had to pay more money to bring it up to that standard is not one of their concerns. It is even more the case if you are going up against much stronger kitchens. Updating the kitchen will make the place look much more attractive and make sell much quicker.
It is difficult for the buyers to have to imagine themselves living in that space that is not theirs. If it is too personalized, it becomes an even tougher task. Make sure to remove any items that mark it as your kitchen-smells especially. You should also consider making the pallet a bit more neutral if you have bright colors in the space.
The kitchen differs from the other rooms in the house in that antique qualities don't exactly give it a special charm. The newer it looks the more efficient, low maintenance and care-free it looks. You do not have to go through taxing repairs, you can simply use some cosmetic repairs to make your kitchen look much more newer.
The first thing to be noticed by your potential buyers are the make, model, and appearance of your major appliances - refrigerator, stove, trash compactor. They are aware of the fact that those kitchen appliances are quite expensive and that the better they are the better statement they will make about the kitchen. This would be more important to the "trade-up" buyers.
No matter how spoiled the buyer is, there still is a hierarchy of appliances that are more important than others.
The stove and the refrigerator are definitely the most important major appliances. They should definitely be replaced if needed. Then comes the dishwasher - it is present in most homes today, but many are still sold without it. You do not have to necessarily update your dishwasher if resources don't allow. Unless you are planning to sell your home in the very top price ranges, you do not have to worry about it. Trash compactors are definitely far from being a necessity so unless you are selling a home that is meant to offer incredible luxury, you should just save your money.
If your appliances are pretty well maintained and are in good working order, do not worry about updating to new ones, but there are a few cosmetic approaches that you can take to spruce up their appearances.
Color's What Matters
Appliances do not change design and shape very often. The big tell-tale sign of the age of an appliance is the color. The color changes with every “new model” that comes out. Look at what colors are out there that you may like to paint your appliances-seeing the latest colors will make them think that the appliance is a new one. On that same note, if the potential buyer walks in and sees more dated colors, then they will be turned off the kitchen.
If you have some appliances that have older colors, you can have them professionally repainted by an “Appliance Refinisher”. It will cost anywhere in the neighborhood of $50-$200. Some will repaint them right in your home, but others may like to take them to their shop to do so. There are spray paints available for appliances if you decide to do so yourself.
White is the best color because it rarely clashes with what someone would expect from an appliance, but there are other colors that would be pretty safe-lighter sang colors, or anything neutral.
If you just need to fix up some minor scratches or chipped paint you should call the manufacturing company to have touch-up paint sent today.
It Doesn't Have To Be New to Look Like New
Make sure that all of your kitchen appliances are clean because it you can easily clean off the stains. There is no excuse for stained appliances because a negative image of the kitchen can set a negative tone for the rest of the home. You can clean with rubbing alcohol and shine the appliances with car wax, don't forget chrome polish because even the smallest details will make a huge difference.
If the overall kitchen appearance of an appliance looks stained and yellowed, mix some bleach with baking soda and warm water - apply with a regular sponge and let it sit for about ten minutes, then thoroughly wash it off. Do not forget to clean out your refrigerator and clean off any food marks that are left behind. A cup of vinegar or a box of baking soda will help to take out a stale odor that might be left behind.