How Kitchen Remodeling Can Increase Your Property Value in Utah
With a 10.3% year-over-year growth, the current median property value in Utah stands at a whopping $300,000. And a pandemic-induced exodus from other metro areas has made some of their offerings more attractive, with home values hovering around $2 million.
On the other hand, kitchen remodeling projects in particular have increased property values even more, with Utah homeowners recovering an average of 80%. In recent years, the strategies recommended by experts in Utah kitchen remodeling providers have yielded promising results, providing the highest return on investment. Here’s how kitchen remodeling can increase the value of your property in the Beehive State.
Your Kitchen Becomes More Functional
Whether it's Frog Eye Salad or Pastrami Burgers, iconic Utahn dishes, you need a functional kitchen to be successful in preparing any meal.
Leading professionals focus on updating features like countertops, a kitchen island with storage, or a walk-in pantry to make your kitchen super functional.
Such built-in solutions, which solve your storage problems and make kitchen work less tedious, contribute significantly to the increase in your property value.
Your Kitchen Suits the Style of Your Home
Pioneer and Victorian are the most popular home architectural styles popular in Utah. When you have a unique home style, your kitchen interiors should match the rest of your living space aesthetic.
The best experts in Utah recommend kitchen remodeling solutions that compliment the rest of the home and make it more appealing. They take the time to discuss the kitchen plan with you, ensuring you have a space that complements the elegance of your home's interior and ultimately adds value to your property.
Your Kitchen Has an Increased Aesthetic Appeal
Utahns love to celebrate Thanksgiving and Christmas. And due to the ongoing pandemic, the Utah Department of Health has issued guidelines to minimize the increase in COVID-19 cases during the holiday season.
The kitchen is typically the perfect space to entertain loved ones and celebrate such events in the safest way possible. Experienced professionals understand how you value your kitchen space and renovate it with every aesthetic detail in mind. And the final design you get will increase the price of your property more than you expected as it enhances your kitchen and is a selling point that attracts potential buyers.
Upgrading Your Kitchen
Utah is the top state for young homeowners, with the state capital having 51% of purchase inquiries coming from millennials with an average age of 28.
Young people want upgraded kitchens and that is why renowned professionals are looking for opportunities to bring your kitchen up to date. They work on elements such as updating kitchen cabinets and lighting fixtures.
And when young buyers have the fitted kitchen they desire, they can increase the asking price, thus significantly increasing the value of your home with an upgraded kitchen.
Kitchen Remodeling Tips
Incorporating modern designs, warm wood floors, backsplashes, and updated appliances into the kitchen space are trending right now in Utah.
You can discuss your expectations with an experienced consultant and accordingly they will suggest options that are in line with the latest market trends.
When you have a kitchen that meets your daily needs and has all the modern equipment and amenities, it will definitely increase the value of your home.
With healthier and more attractive recreational opportunities in counties like Salt Lake City, Summit and Wasatch, home sales have reached record highs in Utah over the past year. To upgrade your property while taking full advantage of Utah’s positive real estate trends, consult a reputable professional for kitchen remodeling.
