How Do You Set a Kitchen Renovation Budget on Santa Cruz Homes?
There are many Santa Cruz homes for sale currently. The obvious question you must ask yourself in today’s market is how to make your home stand out.
Whether you’re looking to flip several homes or simply sell your current home, one of the top ways to increase value of Santa Cruz homes remains integral: remodel the kitchen. This is the central meeting place of the American family and it’s expected to be modern and up-to-date (more than any other).
Your renovation budget is naturally the primary concern to take into account before you begin.
The Key Consideration is Comparison-Pricing with Your Area:
• Higher Current Price Range = Lower Budget Needed. Is the home appraising in a range comparable or above that of homes in your immediate area? This indicates a diminished chance of selling for much more, after enhancements. Stick with a moderate budget. This may seem contrary to instinct but is true.
• Lower Current Price Range = Higher Budget Needed. On the other hand, if your home is appraising lower than those in the area (or is decidedly on the lower end of the scale) investing more in excellent kitchen remodeling becomes paramount.
Overspending Yields Lower Rate of Return
Investing too much on one aspect of a home (especially one already approaching the price ceiling for the area) is a potential money burner. Keep a moderate budget and stretch it by extending into other areas (exterior improvements, for example).
Perception Is Reality
Once you decide on a budget, remember that appearance is everything. Faux marble, for instance, looks about as nice as marble. The only reason for genuine marble or solid oak is bragging rights. A new sink faucet on a moderately up-to-date sink is almost as impressive visually as a totally new sink.
“Do one thing… And do it well,” applies here. If you must add luxury, add it to one element and cover the rest with perception strategies.
Make the Most of Your Money
With carefully-selected kitchen enhancements, Santa Cruz homes sell for more, and more quickly. As one of the most caring Santa Cruz real estate agents around, I have plenty more tips on making the most of renovations. Call me today at 831 662.6522 or email me at Lauren@laurenspencer.com.
Keywords: Santa Cruz homes, Santa Cruz real estate agents
Tags: Santa Cruz homes, Santa Cruz real estate agents
Links:
1. Kitchen Remodeling = http://www.absoluteremodeling.com/KitchenTips.html
2. Renovation Budget =
http://www.msnbc.msn.com/id/20895851/
3. Making the Most of Renovations =
http://www.kitchen-cabinets-tips.com/remodeling.html