A deluxe kitchen is a dream for many homeowners who love their food and the idea of entertaining.
What is a reasonable sum of money to invest in a kitchen? It depends on your property’s value and the likely demographic of your target buyers. It’s easy to spend more than $100,000 on a state-of-the-art kitchen, but if you’re a typical family home, this is likely to be over-capitalization.
Throwing money at a deluxe kitchen does not guarantee a return on your investment when it comes time to sell. But certain features will give your kitchen a million-buck feel without breaking the bank.
Below are some other hot features to give your kitchen a wow factor. Don’t feel obliged to add them all. Even one or two can create a luxury feel.
Investment – If you’re seeking buyers in the super-deluxe end of the market, pay attention to the finishing touches. Premium hardware, luxury faucets, decorative backsplashes, and stunning range hoods are great options. Crown molding, decorative millwork, and custom architectural elements will add to the luxury feel.
Cabinetry – Storage is an essential part of any kitchen, and there’s no better solution than cabinets that use every inch of available space. Solid wood, fine veneers and exotic finishes are all popular. Features should include soft-close hinges, built-in organizers and pull-out shelves.
Countertops – You have various choices for countertops, including granite, marble, quartzite and high-end engineered quartz. Your selection should be elegant and resistant to stains, heat and scratches.
Flooring – Keep it light and bright. Hardwood, natural stone tiles and high-quality porcelain tiles are great options and easy to clean.
Lighting – Great lighting never fails to capture admiration. Elegant fixtures enhance the ambience, while spotlights directed at work areas offer a practical solution. Recessed ceiling lighting and under-cabinet lighting are striking options.
Appliances – Faced with an almost endless choice of fridges, cooktops and ovens, it can pay to stay within your budget unless you’re at the top end of the market. You can burn a lot of cash on European models when “Made in America” is just as good.
Technology – Touchless faucets, automated lighting systems and voice-activated controls are incredible features but not necessary unless you’re operating in the ultra-deluxe market.
Add-ons – In the ultra-lux market, buyers might anticipate additional features, such as a wine cellar, built-in coffee station, pizza ovens and butlers pantry. But if you’re a typical family home, stick with features that the family will use regularly.