Depending on the overall condition of your current kitchen
I think it is difficult to determine how much granite countertops increase your home value because it is only one component of the kitchen. Having a fully remodeled kitchen has the highest return on investment of any improvement you can make to your home. So, if the entire kitchen is rehabbed really nicely, then, yes, the overall improvement of the kitchen can increase the value of the home.
Depending on the overall condition of your current kitchen, there may be instances where only installing granite countertops can add significant value to the property. For example, if your kitchen has a good layout with nice cabinets, nice appliances, but dated countertops, then replacing the dated countertops with new granite will have a big impact.
In my opinion, granite tiles for countertops are a more dated look and don’t have the same appeal as solid slab granite countertops.
Granite is an impression of luxury and grandeur but..
Granite is a natural material that has always been valued. Interiors with granite give the impression of luxury and grandeur. Granite undoubtedly gives a positive first impression to a potential buyer but does not raise the value of the property.
The market is saturated with and offers an endless selection of tiles, many of which are much more expensive than granite. In addition, when selling a property, many buyers will want to personalize it, and the logical choice is to replace the floors.
If you want to raise the value of your property, invest in quality.
- Install new carpentry that will minimize external noise and be better insulated.
- Invest in thermal insulation that will result in reduced heating costs.
- Remove illegal and hazardous materials such as asbestos.
- Install solar panels, and the investment will pay off.
- Dig a pool as an added value.
- Maintain your property – service water heaters and air conditioners and invest in maintenance.
Depends on how it impacts the overall design of the space
Granite countertops will definitely increase the home’s value, but it’s impossible to know by how much because it depends on which granite is used and how it impacts the overall design of the space.
If chosen tastefully and strategically, it can transform an entire space. [Granite can] make the entire space feel upgraded, driving the value up to the higher end of the comparable sales and thus increasing the overall market value of the home.
May make the difference between selling
Granite tiles and countertops almost always add value to your home, but sometimes the value they add doesn’t equal installation cost.
If you’re considering granite countertops because you’re planning on selling your home, and you’re hoping to increase the value or desirability of your home, talk to a realtor. A local realtor should know your neighborhood and the market. They will be able to give you a better understanding of the unique pros and cons of upgraded countertops and flooring in your location.
If comparable homes in your neighborhood have granite countertops, it’s usually a wise decision to install them in your home so that your home doesn’t appear to be the junky house on the market. If, however, none of the other homes in your neighborhood have granite countertops, you won’t see much return on your investment when it comes to resale. They certainly won’t hurt your resale value, though.
In a hot market, you probably don’t need to invest money into home improvements before selling. In a slow market, though, granite countertops may make the difference between selling your house quickly and letting the listing become stale.
If you desire granite countertops for your personal use and preference, you should look into getting them. Investing in your own home so that you can enjoy it is difficult to measure financially, but your happiness in your home is important and valuable.
Granite has a longer lifespan than other tile
Yes, granite tiles and countertops absolutely add value to a home.
Granite has a timeless luxury that makes any property more appealing. You’ll not only make your money back on the granite investment, but you may be able to increase your asking price by 3-4%.
Why? Because granite has a longer lifespan than other tile and counter materials. The buyer won’t have to replace the granite counter in ten years like they would with brand-new [laminate] counters. That’s money the buyer can plan on saving. People are willing to pay more for that type of thing.
Granite countertops can increase the value of a home
Whenever you look at houses, admit it, you get a little more excited to see a kitchen with granite or marble countertops. Because of this common reaction, I believe granite and tile countertops can increase the value of a home. If it costs more to make and install, it’s going to add value to the house.
Granite lasts a long time, and for people who are looking at homes, they want a kitchen they know will withstand time and [last] through any condition. I think granite countertops can add thousands of dollars to the value of a house.
Depends on the look of your current countertops
Granite is a popular material for countertops, and it can potentially increase your home’s value by 25%. However, whether or not it’s worth installing them depends on the look of your current countertops, the size of your kitchen, and the difficulty of installing new granite countertops. In some situations, these factors can make them not worth it. A rule of thumb is that your new countertops should increase your home’s value by three times the amount of your old countertops.
If your current countertops are in good condition and a neutral color, then granite may not do much to improve your home’s value. Countertops that are worn out, outdated, stained, or in poor condition are prime for a granite replacement.
This is a crowdsourced article. Contributors are not necessarily affiliated with this website and their statements do not necessarily reflect the opinion of this website, other people, businesses, or other contributors.