This article was published on: 06/01/2007
 
The kitchen remains the go-to-gathering spot of the house, and probably always will be one of the most important rooms of the house in buyers’ eyes.

That’s one reason why home owners spend a whopping national average of $54,200 on major kitchen remodeling projects that include state-of-the-art appliances, cabinetry, countertops, flooring, and lighting, according to the 2006 Cost vs. Value Report, published by Remodeling magazine.

Your role as a real estate professional is to help buyers recognize the value of kitchens they view in homes and to help sellers show off their kitchen to its fullest — whether touting an efficient layout or the remodeling potential of an outdated space.

“I have clients who care how many burners a range has and who the manufacturer is,” says Karen Siegel, a practitioner with Laura McCarthy residential real estate company in St. Louis.

To help you stay on the cutting edge, here’s some insight from industry insiders into this year’s kitchen remodeling trends and hot products.

Kitchen Investments Pay Off

Even with slowing home sales and greater inventory in many U.S. markets, kitchen remodeling projects continue to provide hefty returns at the time of a home sale. The 2006 Cost vs. Value report shows that home owners recoup 80.4 percent of the average $54,200 they spend on major kitchen projects, and get back 85.2 percent of the average $17,928 spent on minor projects.

Experts say a successful redo depends on making choices that reflect the kitchen’s enhanced role in today’s families — serving as a place to demonstrate culinary skills and entertain; a room where families gather to watch TV, do homework, or veg out. The kitchen can also be a place to display personal style or themes, such as Tuscan trattoria or an environmentally-friendly green cocoon. Because everyone’s busy, the best designs also are highly efficient.

Not every remodeling project has to be a total gut to be effective, says Sean Ruck, manager of public relations and editorial services at the National Kitchen & Bath Association (NKBA), Hackettstown, N.J. New cabinet fronts, countertops, or just one new piece of equipment add freshness and increase a home’s resale value. “It’s important for home owners to stay within the budget they set,” Ruck, says.

10 Attention-Getting Trends

The kitchen remodeling industry recently gathered at the annual Kitchen Industry Show and Convention in Las Vegas, where many new trends were highlighted and new products unveiled. Here’s a sampling of 10 hot trends in kitchen layout, design, and construction:


Stay tuned: Next month we’ll be exploring the top trends in bathrooms, covering both master suites and powder rooms, and everywhere in between.

Learn More

National Kitchen & Bath Association
Order a free remodeling guide or read tip filled articles on topics ranging from small kitchen spaces to saving money.

New Product Pavillion: Kitchen/Bath Industry Show & Conference
Get news on the latest product releases driving the kitchen and bath marketplace. Search by product category for photos and descriptions.

 



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07/30/2010 07:10 AM