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Updated almost 4 years ago on . Most recent reply

User Stats

138
Posts
102
Votes
Ryan Herting
  • Lender
  • Philadelphia, PA
102
Votes |
138
Posts

Kitchens - Creating Greater Value at Lower Costs

Ryan Herting
  • Lender
  • Philadelphia, PA
Posted

Hey BP Family,

I noticed that many investors inquire on ways to cut costs in kitchens, but sometimes by doing this, they miss out on the best ways to add value to a kitchen that is not expensive.

Here's a list of what to focus on, that typically goes overlooked, and provides a high ROI. The most important rule of thumb is usability!! People always overlook this and it has the highest potential to sell the customer. Here are some things to consider below.

  • Kitchen pantries
  • Soft closing cabinets
  • Dovetail joints - Adds a nicer finish to the cabinetry
  • With a higher-end rental, you might consider a pot filler above the range
  • The latest trend in cabinet colors and paints - you can use Pinterest for this
  • Floating Shelves - reduce cost and adds aesthetic to the feel (base shelves are more expensive than uppers)
  • Functionality is key - Storage for plates, pots, and pans
  • 12x24 tile flooring offers the best bang for the buck
  • Splurge on the backsplash because it is very inexpensive to do adds appeal
  • Depending on the dimensions of the room, you may consider a smaller upper cabinet

Hope this was helpful BP family! If you would like, drop your questions below, or if you have any helpful tips, add them below.

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