Barbara Corcoran Answers Questions about Kitchen Improvements

Here’s a roundup of the questions she’s most often asked about kitchen improvements. Whether you’re looking to buy or hoping to sell, the condition of the kitchen will have a big impact on the final price. A new kitchen, complete with fancy upgrades, will add thousands of dollars to the value of a home. On the other hand, an outdated kitchen will not only lower the value of a home but will also make it much more difficult to sell. What to do? If you’re looking to sell, Barbara’s got some great advice about where you should spend your money on kitchen upgrades. If you’re looking to buy, you’ll find great advice about what upgrades add real value to a home and which ones aren’t worth the money.

Q I purchased a two-bedroom apartment in Harlem two years ago. I plan to stay at least another 10 years. I’d like to replace the cheap countertops, but can’t decide between granite and Silestone. Will it make a big difference in resale value?

A As far as your return on your investment, you can get two bucks out for every dollar you spend on your kitchen — but spend your money wisely. Granite countertops are already out, and those new [quartz countertops], like Silestone or CaesarStone, are more popular for a few reasons. [Quartz countertops] offer the look and feel of real granite but are both stain- and scratch-resistant and, unlike granite, don’t need to be resealed every few years; that makes it almost maintenance-free. Silestone and CaesarStone countertops also come in a wide range of colors, but pick a neutral shade so your kitchen will still look fresh 10 years out.

Before you sell: Kitchen improvements to make now:

• Refinish the backsplash. You can add color and contrast above the counter with inexpensive paint, tile, glass or ceramic. The area you need to cover is small, but changing it makes a big difference.
• Buy old, not new. You can buy new or slightly used countertops, flooring, cabinets and appliances at salvage shops like Habitat for Humanity’s ReStores. You can even get them free at freecycle.org and freesharing.org.
• Revamp, don’t replace, cabinets. You can give cabinets a fresh coat of paint, or sand and stain them. If the cabinet doors are old-fashioned or worn, you can keep the cabinet boxes and replace just the doors for about half what it would cost to put in new cabinets. Adding new knobs or drawer pulls can also update your kitchen.
• Add or update your island. Built-in and free-wheeling islands add both workspace and storage space to your kitchen, and most buyers love them. If you want the island to look like permanent furniture, add a baseboard.
• Upgrade your appliances. One fancy appliance can make an entire kitchen look modern. Appliances with the Energy Star label use the least energy, and you’ll usually recoup the cost of the appliance through lower energy bills in less than five years.
• Resurface your countertops. Laminating your countertops can cost as little as $500 for an entire kitchen. No need to pull up your countertops, just apply the laminate on top. And today’s new laminates look high-end.
• Replace floor covering. Bamboo or engineered wood floors are inexpensive, long-lasting and sustainable, and the cheapest tile flooring has a lot more appeal than the most expensive linoleum.

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