The kitchen is known as the heart of the home for good reason. It’s the most used room in the house.
“If it’s more than 15 years old, upgrading the kitchen floor, cabinetry and appliances to modern standards will net you more money during (the) time of sale,” said Raymun KhunKhun, real estate agent with Sage Realty in Kelowna B.C.For many, a kitchen is the center of the home. A minor kitchen renovation can increase value — the Remodeling report showed a 79 percent national recoup average. It can also increase home enjoyment for the entire family.
Still, renovators should take care that they don’t go overboard. “Upgrading the appliances to a certain level of luxury — KitchenAid versus Bosch, for example — can significantly increase value,”. “Be careful, though. You don’t need to put Wolfe appliances in a condo in a blue-collar condo complex, That won’t add value.”