is what I will describe as a who-does-what and what-to-do column.
roughly 1,350 homeowners surveyed nationally in late December and
early January for TD Bankís first Home Equity Sentiment Index, 56
percent of the respondents said they believed that their homeís
value had increased, and 60 percent said they would tap that rising
equity to finance renovations.
percent of millennials said they also were considering such a move.
the top of most consumersí lists include kitchens (42 percent),
bathrooms (25 percent), and other household projects (11 percent).
popularity of kitchen rehabs, here are some renovation dos and doníts
from Robin Wilson, author of "Clean Design: Wellness for Your
your kitchen for a prospective buyer, because on resale you may not
get back 100 percent of what you spend. Typical payback is 50 percent
to 80 percent, with less personal, mass-market renovations (neutral
colors, white cabinets) bringing the most return on investment.
Do create a list
of "absolutes" before you walk into a kitchen-design
meeting. If you are not sure beforehand what you want and donít
want, you are likely to be seduced into buying unneeded items.
Do think about
colors and styles before you walk onto a sales floor. Read design
magazines and tear out photos in advance, or the sales rep may
convince you that a certain bestseller is really a better choice ó
it could be the model the salesperson is trying to unload, or that he
or she is getting a "special promotion" from the
your kitchen with someone elseís life in mind. If you cook
frequently and have a busy kitchen full of people, avoid countertop
materials that scratch and stain easily or that need regular
maintenance. Likewise, if you hardly ever cook, do you really need a
six-burner stove and restaurant-quality range?
Donít buy a
"faux-pro" model or Professional Series because most
mainstream appliances (ranges, refrigerators) perform just as well.
advice you can take to the bank.