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In today’s buyer’s market many homeowners are hesitant to put the “for sale” sign - even if they are not happy with their current home. Instead, wise homeowners are sinking their money into remodelling - to increase their homes’ values and their own enjoyment.
When it comes to remodelling projects that yield high returns, kitchens and bathrooms are king! A mid-range kitchen remodel (R50,000) will recoup approximately 91 percent of the costs, while an upscale kitchen remodel (R100,000) will recoup about 85 percent.
While this may give you an initial shock, the benefits are priceless, yielding an enjoyable, updated area for your family - and future families to enjoy. What indulgences should you include? For the best return on investment, the following upgrades are recommended for a mid-range kitchen remodel.
Cabinets (R25,000 - 30,000)
Semi-custom cabinetry offers you the flexibility to design the kitchen of your dreams, while maintaining an affordable cost. Most manufacturers for the DIY market offer a wide selection of woods and designs for any kitchen size or style. For added convenience add a kitchen island, which is also a popular selling point in the kitchen. Plus it’ll provide an enjoyable open food prep station or seating area.
Countertops (R5,000 - 7,000)
Laminate countertops used to be the only affordable choice, since solid surface options, like marble or granite, were more expensive. Now options such as Corian or quartz, provide an affordable, upscale look. You can choose from a variety of Formica LifeSeal patterns or colours to fit every style and budget. Plus, they offer added durability and easy installation - key benefits for any remodelling project.
Stainless Steel Sink and Taps (R3,000 - 5,000)
It’s all about smart innovation. In today’s fast-paced world, homeowners want to add amenities that are not only fashionable, but functional as well.
For a stylish and functional faucet, Franke offers a variety of designs with a variety of finishes, including Stainless Steel or dramatic Matte Black, meeting most style demands.
Speaking of the sink, “undermount sinks, which complement solid surface countertops, are a “must-have” in the kitchen. They offer an upscale, seamless look and are easy to clean, blending quality and value to allow you to achieve an upscale look at an affordable price.
Appliances (R5,000 – 10,000)
Choosing energy-efficient appliances increases the functionality and aesthetics of the kitchen while decreasing your overall energy costs. Plus they are a great selling feature. To round out your purchase, add an undercounter convection oven, a flush-mount ceramic hob and an over-range microwave oven. Choose matching finishes on all appliances for a high-end look.
Custom Lighting (R1,000 – 2,000)
Gone are the days of the lone overhead fluorescent light fixture. Today, custom lighting adds functionality and warmth to your kitchen. Choose a beautiful chandelier over the dining area for a decorative element. Install hidden, recessed cans in the centre of the room to create ambient light. Hanging pendant lamps is an ideal way to beautifully illuminate task areas.
Comfort Flooring (R3,500 – 5,000)
Like the name suggests, comfort flooring is a must-have for busy kitchens, withstanding foot traffic and food spills. Plus, today’s choices include a broad range of style, colour and performance options to meet your needs and budget.
So when the time comes to remodel your kitchen, remember smart innovation will pay off. In addition to the enjoyment that it will provide you, it’ll also reduce your energy bills and increase your home’s value.
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