When considering a home renovation, what tops the list of the best upgrades? According to the NAR Remodeling Impact Report for 2019, kitchens top the list! The National Association of REALTORS® (NAR) said that when it comes to tanking projects in how much they appeal to buyers, Complete Kitchen Renovation and Kitchen Upgrade top the list. Kitchen projects also ranked 1 and 2 on their rank of projects’ likely value to the home for resale. But kitchen renovations aren’t just good for your future buyers: it’s also a way to make owners happier in their homes.
Kitchens Have The Highest Joy Score
Kitchens appear to be the most satisfying home renovation to complete. Out of all renovation projects, complete kitchen remodels received the highest joy score, with a score of 10 out of 10. Kitchen upgrades were right behind with a 9.7 out of 10 joy score. They calculated joy scores, “based on the happiness homeowners reported with their renovations.”
A complete kitchen renovation increased the sense of enjoyment while owners were home (95% of respondents). It even gave them a greater desire to be at home since completing the project (93%).
To DIY or Not to DIY
36% of owners did their home renovations themselves. 35% of wonders hired a professional for the entire job. If you choose to DIY, be sure that the project is within your skillset and you have the correct tools for the job. 12% contributed some DIY and let professionals do the rest, so it’s okay to get help where it’s needed.
Quick Kitchen Updates
If you’re not ready to dedicate the money to a complete renovation (NARI Remodelers’ cost estimate was $68,000!), here are a few updates you may want to try.
- Change your lighting. Do you have an ancient chandelier that looks dated? Try updating your lighting with pendant lights. There are plenty of options to choose from at your local store. A new light fixture can create a different focal point for your kitchen.
- Replace your hardware. An easy and affordable update, replacing your drawer pulls, can update the look of any cabinet.
- Repaint cabinets. If your cabinets are tired and chipped, try a fresh color! Traditional white kitchens have now given way to more vibrant cabinet colors. Another idea? Try contrasting your island color with your cabinet color.
If you’re ready to update your kitchen, be sure to check out the HUNT Homeowners Club for a list of HUNT approved vendors and contractors.