Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t

If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned:

“Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and styling, and most aren’t interested in renovating post-purchase.”

Kitchen remodels can be pricey, with many complete remodels costing $20,000 or more. But not every kitchen needs a full remodel. There are many smaller projects that will help buyers see themselves trying their favorite Pinterest recipe in your home!

Here are a couple of project ideas that, if you’re handy or know someone who is, could end up boosting your home’s value without breaking the bank:

Are the cabinets in good shape but need an update? A new coat of paint and some updated hardware will instantly freshen up the space and drastically change the feel of the room all for under $300.
A new backsplash to match the freshly painted cabinets updates the space and adds some style while staying under $200, depending on the size of the room.
If the kitchen seems dark, consider adding LED under cabinet lighting for around $40.
If replacing the countertops in the kitchen isn’t within your budget, consider using a top coat to cover the current countertops.

If you decide to complete a full remodel of your outdated kitchen, you can expect a 67% return on a $30,000 upgrade (the national median cost). The benefits of a kitchen remodel aren’t purely financial, according to Houselogic:

“Eighty-two percent of homeowners said their updated kitchen gave them a greater desire to be at home, and 95% were happy or satisfied with the result.”

Bottom Line

Kitchens and bathrooms are often make or break for buyers when touring a home or searching through photo galleries online. Let’s get together to identify which small projects could pay off big!

Beautiful fall morning to check out the newest listings around #Bellingham and Whatcom county!

Fall may be in full swing but the housing market is still cooking right along! Check out the newest listings this week around Bellingham, Ferndale, and the rest of Whatcom county!
Thinking of selling your home? Get my free home selling guide and get your home sold before Thanksgiving!
See the new listings here:
15twin The-Whos-Who-of-the-Real-Estate-Industry-to-Follow-on-Twitter-682x1024

Jack Otto eXp Realty

Jack Otto eXp Realty

 

Housing Market Inventory At Historic Lows

The #Bellingham area housing market hasn’t seen a home shortage like this in over a decade, if ever. There is less that 2.5 months of inventory currently in October. A number we have never seen in my time as an agent. What does this mean for you? Well if you are looking to sell, even going into the holidays, you are going to be getting top dollar for your home. The down side is competition is fierce for buyers. Homes are getting multiple offers and spending as little as a day on the market. Yes, even in October! If you are in the market to buy or sell, give me a call and let’s get our game plan together!

Housing inventory at historic lows!

Housing inventory at historic lows!

Free Winter Home Selling Guide

Even if you aren’t selling until the Spring, this guide will get you started. Best part it’s for free! Just email me at Jack.otto@exprealty.com for the file. Or follow this link!

http://issuu.com/jackottorealtor/docs/sellingyourhousewinter2015

Home Selling guide

Home selling guide

Holiday Happenings: A Great List Of Festivals, Parades, Unique Gift-buying Destinations etc.

It’s that time of year! Check out what is going on around town with this great article from Whatcomtalk.com.

“Holiday Happenings: WhatcomTalk’s Round-Up of Festivals, Parades, Unique Gift-Buying Destinations and More”

 

Bellingham Holidays

                         Bellingham Holidays