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Boost Your Home’s Value with a Kitchen Renovation
- Bill Zhao
- Nov 12
- 2 min read
As the undisputed heart of any New Zealand home, the kitchen is not just a place for cooking, but for gathering, dining, and relaxing. Home to all of your daily appliances and housing all your groceries, it comes as no surprise that kitchens lead the charge in value-adding renovations. Delivering some of the highest returns on investment (ROI), renovating your kitchen is a powerful option that can add value. Below are some key considerations.
Invest in notable visuals
A focus on aesthetically prominent features can give the impression of a much pricier kitchen. Instead of spending your money on piping to improve your kitchen
from “behind the scenes”, put it towards prominent cosmetic features, such as an engineered stone benchtop, complementing splashback, and new cabinet finishes. These 3 are the pillars of a kitchen’s visual identity, and should combine to be as appealing as possible.
Don't ignore small details
The little things also mean much more here – handles, LEDs, and certain appliances. Be sure to pick handles that match your kitchen, whether they’re bars, knobs, or even handleless. LEDs can be mounted in or under your cabinets, with toe-kick lights really bringing your kitchen to life. Likewise, a new and handsome cooktop can truly seal the deal. Choosing energy-efficient appliances also applies to buyers looking to save on their electricity bill.
Storage mechanism does help
Of course, if you’re looking to do more, adding smart storage can make for a powerful demonstration and can really sprinkle on that wow factor. Even simple cabinet pull-outs can add a lot of perceived value.
Where you are determines how you can spend
The amount you spend on a kitchen renovation should scale with your local market. Homes in premium suburbs such as Ponsonby can afford to perform extensive layout-altering renovations without pricing themselves out of their region. Homes with more modest values can get more out of visual upgrades.
Simple ROI formula for renovations
Sticking to an ROI formula can help you visualise what you might get out of a renovation. You’ll need to know the cost of your renovation and an estimate of how much value it’ll add to your home. Even a simple aesthetic upgrade can potentially bring you 70% ROI.
ROI = (Home Value Gain – Cost of Renovation) / Cost of Renovation x 100
If you’re looking to boost your home’s value and improve your everyday life in the process, a kitchen renovation might be just what you’re after. Even if you have no plans to sell in the coming years, renovating your kitchen can elevate your quality of life and home aesthetics until you finally do.
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