Kitchens are often called the “heart of the home,” so make sure your kitchen remodeling choices reflect you, your values and the things you love. Are you a gourmet chef, or a microwave maven? Will you regularly be cooking for scores of family and friends, or do you usually dine simply with your partner or by yourself?
The best rule of thumb is: how you intend to use your kitchen should determine what you put in it.
Other factors that could influence your decisions are:
- How much money do you have—or do you want—to spend?
- Are there any inherent safety issues or code violations that must be corrected?
- Is your kitchen woefully out of date or out of sync with the quality and character of the rest of your home?
- If you’re planning to sell in the next few years, what do you need to do to ensure your kitchen helps your home stand out from others on the market without over-improving it?
Obviously, safety concerns take priority over everything else
in your kitchen—but as you make those necessary improvements, be sure they can support your new appliance and fixture selections. If your kitchen simply doesn’t “fit” with the times or your other decor, you may want to ask an interior decorator to help you sift through your choices so your kitchen can seamlessly blend with the rest of your home.
If you’re remodeling with an eye on resale value:
- Ask around and see what repairs and improvements your neighbors are making.
- Talk to the specialists at your local hardware or home improvement store to find out what the hot topics and hot sellers are.
- Consult a real estate agent about the kinds of upgrades comparable properties already have and whether they’ve added significantly to the home’s asking or purchase price.
Of course, the amount of money you have or want to spend
is a huge consideration. The cost of kitchen remodeling projects can range from around $19,000 to more than $100,000.1 Accessing your home’s equity with a Discover Home Equity Loan is an excellent way to finance any of your home improvement projects. But, unless you or your local housing market absolutely demands it, there’s no need to over-spend your valuable equity by splurging on top-of-the-line, designer-label appliances, fixtures and surfaces just to impress other people or because “you can.” Check out thousands of great, real-world home improvement and remodeling ideas that won’t break the bank online in the Home Decor section at Pinterest and in the Ideabooks at Houzz.
1According to the Remodeling 2014 Cost vs. Value Report (www.costvsvalue.com)©2014 Hanley Wood, LLC. Complete data from the Remodeling 2014 Cost vs. Value Report can be downloaded free at www.costvsvalue.com