How People Upgrade Kitchens and How Much They Spend

The kitchen is the most popular room of the home to renovate, according to Houzz research, and those who choose to remodel the heart of their home have some definite preferences. After all, the No. 1 reason they choose to renovate this area is no longer being able to stand the old kitchen. Read on to find out about how much money people are spending on kitchen renovations — and on what.

The 2017 U.S. Houzz Kitchen Trends Study, from a research team led by Nino Sitchinava, Houzz’s principal economist, reveals that homeowners updating their kitchens prioritize changing out countertops, backsplashes and sinks. A majority of kitchen renovators are also choosing a more open feel for this room.

How People Upgrade Their Kitchens and How Much They Spend

How much does it cost? The most common budget — as well as actual spend — on a kitchen renovation remains $25,001 to $50,000, according to the survey. Only 9 percent of kitchen renovators spend more than $100,000; just 4 percent spend less than $5,000. We hope the numbers help give your own project some dollars-and-cents context.

How People Upgrade Their Kitchens and How Much They Spend

If I see that backsplash one more time… The top motivator for renovating a kitchen continues to be that owners can no longer stand the old kitchen. An increasingly popular reason is finally having the financial means, the triggering factor for 40 percent of renovators, compared with 37 percent the year before.

How People Upgrade Their Kitchens and How Much They Spend

Countertops before electronics. Countertops are the most popular feature to upgrade, followed closely by backsplashes and kitchen sinks. Notably, a majority of kitchen renovations (51 percent) open the space more to a nearby room, reflecting the ongoing popularity of the great-room concept.

How People Upgrade Their Kitchens and How Much They Spend

Contemporary moment. In terms of style post-renovation, contemporary has surpassed transitional in popularity among kitchen renovators, the survey found. Style preferences have an interesting correlation with age group: Millennial homeowners (ages 25 to 34) are more likely to choose modern and farmhouse style, while baby boomers (ages 55 and up) are more likely to prefer traditional style. Millennial homeowners are also more likely to install kitchen islands.

How People Upgrade Their Kitchens and How Much They Spend

White cabinets aren’t going anywhere. White cabinetry remains the most popular choice for kitchens, with wood coming in second (representing a combined 29 percent, when light, medium and dark woods are added up). A greater share of millennials (47 percent) are likely to choose white cabinetry than baby boomers. Among the older group, only 41 percent choose white.

How People Upgrade Their Kitchens and How Much They Spend

Do you buy for looks or durability? Granite and quartz came in neck and neck for the most popular countertop choices, with butcher block or wood slab a distant third. When it comes to choosing countertops, 72 percent of homeowners make their choice for the look and feel of the material, while 53 percent choose for durability.

How People Upgrade Their Kitchens and How Much They Spend

To tree or not to tree. Hardwood is in a dead heat with ceramic or porcelain tile for the most frequently selected new material among kitchen renovators updating their flooring. This year, hardwood slipped a bit in popularity, as tile rose. Owners tend to choose flooring material for its look and feel (81 percent), as well as its durability (63 percent). People tend to choose wood or engineered wood for its look, while those who prefer ceramic or porcelain material tend to choose it for durability.

How People Upgrade Their Kitchens and How Much They Spend

Stainless steel is not just for forks. Stainless appliances are the most popular appliance color choice for updated kitchens, with 72 percent of renovating homeowners selecting this finish. White came in a very distant second.

How People Upgrade Their Kitchens and How Much They Spend

If you can’t hang drywall yourself, you’re in darn good company. While some Houzz readers are intrepid DIYers, the majority — 88 percent — hire at least one pro for their kitchen renovations, according to the survey. General contractors are the most frequently hired professionals, chosen by 54 percent of renovating homeowners.

How People Upgrade Their Kitchens and How Much They Spend

Renovate to lose weight? One-third of kitchen renovators claimed healthier habits post-renovation, while the remaining two-thirds of kitchen renovators said they were equally healthy after the renovation. Forty-one percent of homeowners who renovated their kitchens are cooking more at home, 34 percent are ordering less takeout, and 26 percent are eating more fruits and vegetables. A whopping 76 percent of kitchen renovators cook five or more meals at home each week after their renovation.

Houzz.com is a great resource for current homeowners and future homebuyers. The beauty of these findings can help anyone who is thinking about renovating their kitchen to sell their home appeal to the greatest opinions. If you are thinking about renovating your home in order to sell, contact our expert agents at RE/MAX Homes and Estates and they can help you make decisions that will get you the highest return on investment!

Three Tips for Selling Your Home Right Now

Winter weather has a reputation for chilling the real estate market, but with a few simple housekeeping tasks and some planning it doesn’t have to. You can still make the most of the season and secure an above-asking price offer on your house with these three tips:

One of the best tips we can offer is to let there be light. Have all lights on, leaving all blinds and curtains open. Change any energy-saving bulbs to brighter ones for showings. Plan to schedule showings in the middle of the day so that you can take advantage of the natural light. Since it gets darker so much earlier in the winter, it’s important to make sure there is as much natural light as possible throughout the house. Fresh paint in a light neutral color provides an immaculate blank slate for buyers.

Three Tips to Selling Your Home Right Now in Winter

Plan to schedule showings in the middle of the day so that you can take advantage of natural light.

Wash your windows! Whether you pay to have it done or do it yourself, potential buyers will notice if they are dirty, plus, you guessed it… it lets in more light!

Mind the heat. When hosting an open house, you want it warm – but don’t go overboard. People tend to overdo the heat for a showing to combat the colder weather, but prospective buyers who are coming in with coats and hats and scarves will quickly get too warm and uncomfortable. We suggest keeping the temperature between 68 and 70 degrees. Turning up the heat also will increase the amount of dust in your home. Having your system professionally cleaned will keep dust to a minimum and reduce the risk of an uncomfortable experience for potential buyers who are more susceptible to airborne dust.

Finally, now it’s time to consult with your Realtor because an expert agent can advise on how to prepare your home to make a beautiful first impression and attract maximum attention (and prospective buyers). At The Lipman Group Sotheby’s International Realty, our expert agents know the market, the comparable sales and the trends, and are committed to advising sellers how to get top dollar for their primary investment. Click here to consult with an expert Realtor at The Lipman Group Sotheby’s International Realty.

 

Five Steps to Listing your Home for Sale

It’s an exciting time–you’ve decided to move from your current residence into the home or neighborhood of your dreams. Now it’s time to consult with your Realtor, who can advise on how to prepare your home to make a beautiful first impression.

We may be in a sellers’ market right now, but sellers still need to take note of the following before listing!

Five Steps to Listing your Home for SaleClean out, declutter and repair. Buyers want to imagine themselves living in their own home, not yours, so remove all personal items such as photos, quirky collections, knick-knacks and most art objects. Fresh paint in a light and bright neutral color provides an immaculate blank slate for buyers. For the most part, today’s buyers are not looking for a project. Consult with your Realtor about which repairs are needed to make sure your home is in tip-top shape to attract desired buyers.

Stage to perfection. Some surveys show that sellers get back the money they paid for a professional stager times three. When potential buyers tour your home either online or in person, you have only seconds to hook them, to make them want to see more. A stager, working closely with your real estate agent, will help you set the tone for that first look.

Elevate curb appeal. Power wash your home, walkways, porches, fences, driveway, deck and all other outside surfaces. Freshen landscaping with seasonal plantings and a layer of mulch, add floral pots to key areas to draw attention to the front door or courtyard and consider a neutral coat of paint to convey the image of a perfectly maintained residence.

Hire a professional photographer. Data shows the 97 percent of new home searches start online. Eye-catching photography is the first opportunity you have to engage potential buyers—whether online or in print—and you never get a second chance to make a first impression.

Price strategically. Smart sellers know that a strategic price attracts maximum attention – and prospective buyers. Today’s buyers understand home values. They’re jumping on things that are well priced, but they’re passing on homes they don’t think are worth what the seller is asking. Pricing is critical.

Buying and selling a home is often one of life’s biggest financial transactions. At RE/MAX Homes and Estates, our expert agents know the market, the comparable sales and the trends, and are committed to advising sellers how to get top dollar for their primary investment. Click here to consult with an expert Realtor at The Lipman Group Sotheby’s International Realty.

4 Tips to Get Your Home Show Ready this Spring

Each year as spring rolls around we love to offer Nashville real estate advice to buyers and sellers. After all, it’s the busiest time of year! As a seller, the most important thing to do is get your home show ready. What does this entail? Read below and you will find our top tips!

  1. One of the best tips we can offer is to let there be light. Have all lights on, leaving all blinds and curtains open. Change any energy-saving bulbs to brighter ones for showings. Fresh paint in a light neutral color provides an immaculate blank slate for buyers.
  2. Wash your windows! Whether you pay to have it done or do it yourself, potential buyers will notice if they are dirty, plus, you guessed it… it lets in more light!

    Tips to Get Your Home Show Ready for Spring

    Spring ushers in a light and bright feeling from dreary winter days so let your home reflect that same change. This listing at 2108 Timberwood Place showed beautifully with the multitude of natural light from the windows and all lights on. Now Under Contract, click on the photo to view other listings from The Lipman Group Sotheby’s International Realty.

  3. Make a lasting first impression. Curb appeal is important to real estate no matter the season but winter’s harsh conditions may have the exterior of your home looking a little worse for wear. Power wash your home, walkways, porches, fences, driveway, deck and other outside surfaces. Freshen landscaping by picking up fallen leaves, broken branches, and other debris, then bring your yard back to life with seasonal plantings and a fresh layer of mulch or pine straw. Invest in a new front porch welcome mat and clean the front door, painting if needed.
  4. Clean out, declutter and repair. Buyers want to imagine themselves living in their own home, not yours, so remove all personal items such as photos, quirky collections, knick-knacks and most art objects. Remove out of season clothes from closets to leave them looking spacious. Clean off the refrigerator doors and organize your pantry. If buyers see you living in a clean, organized space they can envision themselves doing the same!

Spring is an exciting time if you’ve decided to move from your current home into the home or neighborhood of your dreams. Now it’s time to consult with your Realtor, because an expert agent can advise on how to prepare your home to make a beautiful first impression and attract maximum attention (and prospective buyers).

Expert Advice: Features that Nashville Home Buyers Want Most in 2015

Do you ever wonder which home improvements will attract Nashville home buyers to your property? Now that the Nashville real estate market has stabilized, we have had many clients and homeowners ask for our advice on this subject. We decided to share the responses from our expert realtors with you!

Margaret Odle, RE/MAX Homes and Estates

Margaret Odle, RE/MAX Homes and Estates

I see a desire for greater use of technology within the home. Buyers want a Smart Home. It is more than just programmable thermostats. They want to see technology implemented throughout the home. Examples: Webcams, doors that can be opened/locked remotely and control of the thermostat.pg_smart_homes_0

Renee Max, RE/MAX Homes and Estates in Nashville, TN

Renee Max, RE/MAX Homes and Estates

My clients love outdoor spaces. They are especially loving the roof-top decks being built in new developments. The more decks, patios, and porches around the home the better!Outdoor Fireplace at Encore in SoBro

Gloria Hougland, RE/MAX Homes and Estates

Gloria Hougland, RE/MAX Homes and Estates

Kitchens still offer remodeling bang for your buck. In luxury properties and neighborhoods, buyers are willing to pay more for better appliances. A SubZero refrigerator is well worth the additional cost. Produce stays fresh and crisp much longer – up to two weeks or more!Nashville Homes for Sale - Fit for a Thanksgiving Feast

With local expertise of each neighborhood and the buyers in today’s market, an expert realtor can help pinpoint which improvements give you the best return on your home improvement dollar while preserving the value of your home. If you’re considering a move in 2015, start a conversation with your realtor today!

4 Home Staging Tips for Fall

It’s that time of year, the seasons are changing and with them bring thoughts of the upcoming holidays, family get togethers, and planning for a new year. Selling your home in cold weather months doesn’t have to be difficult – these home staging tips for fall should have buyers feeling warm and welcome all winter long!

4 Home Staging Tips for Fall

In addition to turning on all lights, try to schedule showings during the daytime to take advantage of natural light.
Click on the image for more photos and information from RE/MAX Homes and Estates.

1. The basics of preparing to sell your home still hold true. Curb appeal is still important even though leaves are falling from the trees and grass isn’t as green as it used to be. While brilliant fall foliage can automatically make your home look more attractive for showings, that doesn’t mean you can slack off on lawn maintenance during this season. Keep falling leaves at bay with frequent raking and patch up any brown spots in the grass.

2. Interiors should be clean, organized, decluttered and ready for showings. Staging should be comfortable and cozy – or even festive. Bring warm elements to each and every room of your house with throw blankets, extra quilts on beds, warm area rugs, and bath mats on tile floors. Festive decor is appropriate in moderation – set the dining table with fine china, hang wreaths on doors, and you can even put up the Christmas tree. Buyers want to envision how they will celebrate and entertain in the home too – just don’t go overboard.

3. As the days get shorter, it becomes increasingly important to provide potential homebuyers with a safe path to your front door. Use decorative lights to illuminate walkways, and install flood lights or lanterns to brighten up entrance areas. In addition to turning on all lights, try to schedule showings during the daytime to take advantage of natural light. Open all drapes and blinds. Have windows cleaned to allow sunlight to stream in each and every window. Nothing beats the warmth of the sun on a cold day!

4. Extend the gardening season indoors. Just because temperatures are falling doesn’t mean you have to say good-bye to gardening! Buyers will feel coziest in a healthy indoor environment that keeps allergies at bay and reduces chances of getting sick. Some indoor plants, like golden pothos and gerbera daisies, are particularly adept at sucking up nasty VOCs — the vapors emitted from household cleaners, paints, and dry cleaning. And since plants increase humidity levels, they help decrease household dust. Keep it simple and your home will look inviting and fresh – going overboard will distract buyers from your home itself.