ou must be wondering why you’re not able to sell your home even at fair market prices. You’ve brought several potential buyers already and have still come up with a blank. You’re running out of ideas on what to do and running out of time. The question is, have you looked recently in the kitchen?
By this time, you would probably be perturbed or even confused at the question. What has the kitchen got to do with selling the home? Cabinet replacement companies tout that most home purchases are discussed between a couple. That is, the man asks his wife or partner if she likes to buy the house. If the woman says no, then most likely than not, both of them will not purchase the home. Among the most prevalent reasons why a woman may decide not to purchase a home is the sight of a dilapidated kitchen.
The Added Cost of Renovation Deters Would Be Buyers
Would be buyers are primarily discouraged at the prospect of an added cost in renovating the home. Plumbing, upholstery and kitchen cabinet estimates are all added to the burden of the potential buyer. That’s why cabinet replacement companies show that most of the time, their clients consist not of people who just purchased a home, but of people who want to increase the viability and the value of the home through kitchen remodeling.
The reason for this is not entirely surprising. Fixtures in other parts of the home are typically modular and easily transferred from one room to another. For instance, a bedroom cabinet located in the master’s bedroom, will do just as well in the guest room. Side tables could be transferred from the living room to any bedroom. A kitchen cabinet however is entirely unique because it cannot be relocated to another part of the house. After all, it is called a kitchen cabinet because it accommodates for the needs associated with cooking.
Guaranteed Return on Investment
Cabinet replacement companies note that by replacing the kitchen cabinets and even by just refacing it, the ability of the seller to market the property increases significantly. A well designed kitchen is a very big enticement for a woman as the natural homemaker because she’ll be spending at the very least, 3 times a day in this location: breakfast, lunch and dinner. The common argument is, if she would have to stay there in the kitchen for long periods of time, then she might as well make it more comfortable and appealing for her by having a good aesthetic appeal.
This enticement may be overlooked by the common seller. Professional agents who are aware of this fact, advise their clients to invest the little amount for remodeling the kitchen so that the turnover would be done at the least possible amount of time. Not only that, the price of the property will significantly be brought higher because of the upgraded look.