Kitchens are one of the most used rooms in a home. Fixing a kitchen to make it more functional and look more appealing is important for fix and flippers because it adds value to your investment. In this article, we’ll show you the most helpful kitchen projects for fix and flip properties that will help increase your profit potential.
Here are 25 best kitchen project tips for your next fix and flip:
1. Refinish, Repaint, or Replace Cabinet Doors
John Bodrozic, Co-founder, HomeZada
Cabinets are a functional feature that add an aesthetic appeal to your kitchen. You can refresh the look by doing a refinish or repaint job for just the cabinet doors, or replace just the doors entirely to give them a brand new look. Keeping the structure of the existing cabinets will help keep the costs down.
2. Add Statement Wall Tiles
Dayna Hairston, Interior Designer & Consultant, Dayziner.com
Adding a statement wall tile will enhance the look of your kitchen. Consider utilizing dramatic wall tiles such as abstract geometric shapes, patterned designs, or marbled looks in key focal areas. For instance, the wall behind the stove is a great focal area for a statement wall tile, which will help increase the value of your home.
3. Incorporate Floor Lighting
Lily Cameron, Supervisor, One-Off Cleaning Services
Floor lighting will add warmth and brightness to your kitchen, making it feel more welcoming. If your kitchen feels dark and boring, opt for a floor lighting like lamps, which will definitely bring a lot of ambiance and character to the place. Also, it will make your entire home look more classy, increasing its value.
4. Include Under Cabinet Lighting
Jeffrey Miller, Realtor and Co-founder, AE Home Group
Adding under cabinet lighting brightens a kitchen and is a cost-effective way to increase a home’s value. One of the most common complaints from buyers is the house being too dark and unwelcoming. Under cabinet lighting brightens up the kitchen, turning it into an attractive feature that gives the house a more welcoming ambiance.
5. Use Beautiful, Inexpensive Flooring
Blayne Pacelli, Realtor, Rodeo Realty
Flooring helps enhance the overall look and atmosphere of your home. There are amazing and inexpensive flooring materials that look beautiful and will complement your house’s design. For example, there is an incredible wood-looking laminate that adds value to your kitchen fix and flip at a low cost.
6. Focus on Adding Small Aesthetic Elements
Michael Kelczewski, Realtor, Brandywine Fine Properties
If you want to lower your improvement costs while increasing your potential for higher profits, do little enhancements like adding small aesthetic elements such as a backsplash for the wall, stone remnants for the flooring, and small hanging frames.
7. Use a Spray Gun to Paint Your Cabinets
Evan Roberts, Founder, Dependable Homebuyers
Cabinetry enhancements are a common kitchen improvement and it can increase your ROI. When refinishing cabinets, it’s important to use inexpensive but quality materials. Properly refinished cabinets can save thousands of dollars without hurting the quality of the final product. You can paint the cabinet faces using a spray gun. This avoids brush marks and gives a factory finish.
8. Choose a More General Kitchen Design
Keith Hickman, Licensed Realtor, Compass
One of the biggest mistakes of fix and flippers when renovating a kitchen is that they tend to choose a design that’s too specific or in-trend. This limits your pool of potential buyers.The safe bet is to choose a design that’s in line with the house’s style and the demographics of the neighborhood.
9. Use White or Neutral Paints
Armina Kasprowicz, Interior Designer, Amina Interiors
White or light neutral colors such as off-white, taupe, pale gray, and light yellow will go with almost any style, and the color looks classy, too. It’s important to repaint dated cabinets with white or neutral color to make them look fresh. It’s also important to make a statement with a beautiful backsplash in a neutral color. It makes the kitchen feel fresh and more spacious.
10. Price Shop for Fixtures
Mark Ferguson, Real Estate Agent and Founder, Investfourmore.com
Kitchens are a good place to spend money, but you don’t want to over-improve your fixtures and not be able to get your investment back. You can save on costs by comparing prices of the fixtures at different stores. There are huge swings in prices from different retailers, and most of the time, you will not need the most expensive materials.
11. Use Materials That are Readily Available
Phil Pustejovsky, Real Estate Investor, Freedom Mentor
When fix and flipping a kitchen, it’s important to focus more on the speed of things because time is money. For instance, use metal sinks instead of the fancy white cast iron as the latter is more expensive and can take a lot of time to order because they are not typically kept in stock. Besides, metal just looks as classy and are often readily available in the market.
One piece of advice from Rehab Financial Group says that when improving a kitchen, it is important to make it safe and family friendly. Make sure that all electrical outlets are properly grounded and are the required distance from water sources. Make sure the floor is slip resistant and that counters have rounded edges.
According to Flipping Phoenix Houses, an industrial-looking kitchen is what’s in right now. A metal faucet will give your kitchen a commercial feel that’s both luxurious and inviting. Pair it with a metal sink and you have a kitchen that’s worthy of guests as well as potential buyers.
Replacing the appliances with energy efficient ones will add more value to your property. They are designed to utilize minimum energy and offer substantial savings. Further, energy efficient appliances are environment-friendly and safe. Adding them to your kitchen fix-and-flip will greatly increase your property’s worth.
According to Fixters.com, the “kitchen work triangle” refers to the arrangement of the three basic work areas: the refrigerator, sink, and stove. A good work triangle creates an efficient and functional kitchen. Keeping these areas close together when remodeling will save people time when cooking and/or preparing the food. It also saves a lot of space, so it’s ideal to focus on for fix and flips with tiny kitchens.
According to Socotra Capital, ceiling storage and pot racks are a nice modern touch because it saves space and the hanging items themselves are great functional kitchen ornaments. This can make your kitchen look both industrial and homey at the same time, providing a unique feel and increasing the value of the overall home.
For an inexpensive aesthetic addition to your kitchen design, Huffington Post recommends paper shelf liners, which are easy to install on the insides of your cabinets and look wonderful. Choose a color and design that matches the paint or material of your cabinet and the entire atmosphere of your kitchen and home.
A larger kitchen is what most buyers are looking for when buying a house. These days, the kitchen is an all-encompassing space where everybody gathers. Knock down a wall that separates an adjoining room to add more space. It also increases the flow in the house by allowing you to move from one room to another in an open space.
Stainless steel kitchen appliances are neutral and usually expected in every market, according to 5arch. They can help make your kitchen look classy and inviting. However, prospective homebuyers want only certain brands of appliances, so do your research before purchasing.
Catalyst Funding advises fix and flippers to opt for less expensive materials that look genuine. For instance, granite countertop look-alikes can define a kitchen’s style while not breaking the budget. The latest laminate countertops feature a more realistic, larger stone pattern at a fraction of the cost.
According to Money Crashers, you don’t have to change everything in your kitchen to get a dramatic transformation. Consider keeping certain parts that are neutral. For example, You may consider keeping either the cabinets or the flooring if they are still in good condition. Just replace or renovate things that really need it, saving you money.
22. Invest in Higher End Kitchen Appliances
Evan Tarver, Finance/Real Estate Investing Editor, Fit Small Business
High-end kitchen appliances typically have a high return on investment when conducting a fix and flip. In fact, nice looking appliances might give your property the turnkey feel buyers are looking for. The best part is that investing in appliances for your fix and flip typically doesn’t involve any construction but can pay off in big ways.
23. Focus on Functionality Over Design
Allison Bethel, Real Estate Investing Analyst/Writer, Fit Small Business
Don’t overspend on a fix and flip kitchen because it’s not meant to be your dream kitchen. It must be a solid investment that brings you a positive return, and you should focus on functionality like storage and counter space. Keep your design neutral to attract larger scope of buyers, and make sure it fits with the whole house.
24. Add a Window or Skylight to Brighten up a Dark Kitchen
Emile L’Eplattenier, Real Estate Sales & Marketing Editor, Fit Small Business
The kitchen has recently overtaken the living room as the main social hub of a home. Dark, dreary kitchens are extremely uninviting, especially for millennial buyers who cook and socialize in the kitchen. Adding a quick picture window or tube skylight that brightens up a kitchen can be a great selling point.
25. Keep the Current Layout of the Kitchen
One way to save money when fixing a kitchen for a flip is to retain the current layout of the kitchen, which means keeping the major plumbing and electrical structures the same. Restructuring these can be very costly, and if you want to spend more on updating the aesthetic elements of the kitchen, it’s better to keep these structures in place.
Bottom Line: Kitchen Projects for a Fix and Flip
A kitchen is the heart of a home. Nowadays, family members and friends use the kitchen to interact and bond, so keeping it spacious and welcoming is a huge factor. When fixing a kitchen for a flip, it’s important to focus on making it as homey and functional as possible while keeping the costs down, which will increase the value of the property.