Are you wondering whether a kitchen renovation would be justifiably cost effective for your family? There are many cases in which such renovations are not only justified, but you might even go so far as to say it would be silly to not perform them. Here are 6 outstanding reasons that renovating your kitchen could be smart and necessary.
1. Fix Bothersome Safety or Toxicity Issues
If you’re living in an older home, it could be plagued with a variety of safety issues that need attention. Old, poorly-maintained wiring can create a hazardous situation. Damaged flooring creates tripping hazards. The lead paint that was often used in older homes is toxic, and there are now safer alternatives available. It’s a good idea to deal with any of these issues if they are of concern to your family.
2. Save Money on Your Family’s Future Monthly Utility Bills
If your kitchen appliances are not already energy efficient and water efficient, you’re probably paying more than you need to pay for water and power. This is particularly true in areas prone to drought, where water costs tend to be higher. It could be cost-effective to replace your old appliances and install more efficient models instead.
Upgrading your kitchen faucet could potentially save you money as well. This is especially true if your current faucet is leaky, or if it’s older, because increasingly better and more water-efficient models are now available.
3. Add to the Future Resale Value of Your Home
On average, you’re likely to be able to recover an estimated 79% of the expense of a minor kitchen remodel when you re-sell your home. So if you plan to enjoy your home for awhile and then re-sell the home sometime in the future, remodeling the kitchen is a bit of a have-your-cake-and-eat-it-too type of situation. You can enjoy the revamped kitchen in the short term and then hopefully recover a significant chunk of your investment in the long term.
4. Increase Your Efficiency When Preparing Your Family’s Meals
You know the old adage about time being money. If you’re wasting a lot of time preparing your family’s meals due to an inefficient kitchen layout, redesigning and remodeling could help.
5. Accommodate Your Changing Family
Sometimes kitchen renovations are necessary to make life more tolerable for ill or aging family members. For example, an increasing number of homeowners have been adding ramps and grab bars to their kitchen areas to make the environment more wheelchair-accessible.
6. Add Strategically-Placed Storage Areas
“Not enough storage space” is a common complaint in the kitchen. If you’re dealing with a small kitchen, it may be more cost-effective to redesign it with more storage space than it would be to move.
These are 6 good reasons that it would be smart to renovate your family kitchen. If you know of other good reasons, we invite you to share them via a comment.