Many homeowners that want to sell their homes but need to make their homes more appealing to buyers wonder how much help installing new countertops would help with the resale value of their homes. However, much of this depends on the current appearance of your countertops, the new type of material you want to install for your countertops, and the size of your countertops overall.
Do countertops increase home value? And by how much?
Yes, installing new countertops does increase a home’s value. However, figuring out “by how much” is tricky because it will depend on the type of new countertops you install, the current condition of your new countertops, the size of your kitchen, and how difficult it will be to install new countertops. In some cases, it is worth it to install new countertops before selling your home. However, in other cases, it isn’t worth it. A general rule of thumb is your new countertops will increase the home’s value approximately 3 times the value of the countertops you had professionally installed.
Since there isn’t a lot of information available on the Internet today covering countertops and how they increase home value, we created this guide to help you out. Below we’ will discuss the impact that new countertops have on the resale value of your home.
Should You Replace Countertops Before Selling?
Many homeowners wonder if replacing their kitchen countertops will make their homes more appealing when they try to sell their homes. So, if you are thinking about listing your home and you are wondering if it would financially help you to install new countertops, we’ve got you covered. We’ll start by answering some questions about new countertops, and then we’ll discuss the costs of replacing your countertops, depending on the materials you want to use.
What’s the Condition of Your Old Countertops?
Before you try to determine what material you should replace your countertops with, you should take time out to assess if you even need to replace your old countertops. If your current countertops are neutral and still appear to be in good condition, then it probably won’t help you much to replace them before you try to sell your home.
However, if your countertops are dated, stained, or have a poor appearance overall, then the countertops can deter the sale of your home. Whenever a possible buyer looks at your home and sees something expensive that needs to be fixed, they’ll remember it. If you wind up with too many of those bad marks, then it will be more challenging to sell your home. So, if your countertops are ugly or in poor condition, you may want to replace your countertops.
However, you should only replace your countertops before selling your home if you truly feel you won’t be able to sell your home without replacing your countertops. Chances are, you probably won’t get all of your money back in resale value if you do replace your old countertops before selling your home. Some people are still willing to take this monetary hit if it increases the likelihood that they’ll sell their home faster. So, if that sounds like you, you may want to replace your old countertops.
Your Kitchen Countertops
Kitchen countertops often become essential selling points for homes because the kitchen area is usually central to any home. Whether a couple or a family resides in the house, people will wind up spending a lot of time in their kitchens. Also, the person that usually does the food preparation and clean up will most likely want a kitchen they can enjoy.
Selecting Your New Countertop
If you think you want to install new countertops before you sell your home, make sure you choose your materials carefully. You want your new countertops to match still the décor that you have present in your kitchen or bathroom in its current state.
So, think about using something pretty but also versatile. Many people love neutral countertops, so these are good selections. Try to avoid something trendy and go mainstream and not too expensive if you are going to resell your home.