Judy McLendon of Bay Head, N.J. knows why home sellers often put their money into kitchen renovations. "Redoing the kitchen is probably the best thing you can do," she says.
McLendon should know. She has sold many of her own homes without the help of a realtor. Years ago in Summit, N.J., McLendon was a city council member known for having lived in four homes within a 10-block area, and she enjoyed completing home renovations.
One of the things she learned along the way: Bigger is not always better. The important thing is to have a sensible work space, with the sink and the fridge and the oven "all within a few steps," McLendon says.
Yes, big kitchens have become a status symbol. But home sellers should know that wise buyers will also look at layout. "If they are smart buyers, they would be impressed with the design of a kitchen," McLendon says.
She also says that cost does not have to be crazy. "You can put together a very good-looking kitchen -- and a practical kitchen -- without spending millions," McLendon argues. Our team of experts agrees. So what exactly should sellers do to renovate their kitchens? What is on the to-do list for a kitchen upgrade?
- People Who Retire Comfortably Avoid These Financial Advisor Mistake…
- The Worst Way to Withdraw From Retirement Accounts
- 2020: How to Maximize Your Savings
- Historic Refi Rate Alert: 2.02% APR. Can you save?
- Don’t Borrow From The Bank - Borrow From Yourself
- Crush Your Debt: Refinance to a 15 yr fixed
- Home Mortgage Rates Drop Sharply This Week
- HARP Refinance Program is Over. Now What?
- Digital Mortgage Platform Helps Home Buyers Shop for Mortgages
- You Could Earn 70K Miles with this Top Travel Card
- Mind-Blowing Cards for Those with Excellent Credit
- Pay No Interest Until 2023 With A Better Credit Card
- Forget the 30yr mortgage if you owe less than $822K (Do this instea…
- How to pay off your house ASAP (So simple it's unbelievable)
- Congress Gives Veterans A Generous Mortgage Relief Program