Can New Kitchens in Penrith Increase Your Home’s Value?

For some reason or another, people often need to relocate to a new home. Sometimes, it’s because someone’s current home isn’t large enough to accommodate growing family numbers. Other times, people like to relocate following a promotion and a pay rise. Some people downsize to a smaller home to save money on the bills and live more economically, but no matter why you’re relocating, you want to receive a fair price for your property. Needless to say, you need to ensure your home is clutter-free if you intend to sell it, but some renovations can also increase its value. You may not realise it, but new kitchens in Penrith could help you secure a high price for your property.

You don’t necessarily need to spend a huge sum of cash on a new kitchen to significantly increase the value of your property. On average, you’ll receive a three dollar return on every dollar you invest on a new kitchen, though it’s important to bear in mind exactly how much money you should spend in comparison to the current value of your property. As a rule, you should budget two percent of your property’s value for new kitchens in Penrith, which means, for example, spending no more than $10,000 on a new kitchen for a $500,000 home.

At Above & Beyond Interiors, our professional kitchen designers and installers can create a new kitchen for your home with almost any budget. For over 15 years, we’ve been installing kitchens in Penrith that both homeowners and property hunters love, so contact us today to find out how we can help you modernise your kitchen and attract property hunters in their masses.