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Real Estate
Reply to "What kind of kitchen does a real buyer want?"
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[quote=Anonymous]It really depends on why you are investing in the kitchen. If you are renovating in order to update/meet the market, then the kitchen should be appropriate for that. And in such instances, your rule of thumb should be that the reno should feel like an upgrade from what you think the average buyer currently has. So, for example, if you have a 2/1, then you want a kitchen that will feel like an upgrade for a first-time buyer who is likely renting. If you have a 2/3, you want something that would feel like an upgrade for a family who are likely already homeowners. OTOH, some of us really like to cook. We're going to reno a galley kitchen in a 2/1 with appliances and materials that are above our market. But that's because I love to cook and we do a lot of entertaining. We don't expect to get the investment back but we do expect to get years of use out of it. [/quote]
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