Right now, it’s a seller’s market out there. Houses put up for sale are sold within a matter of days, sometimes faster than homeowners know how to handle! If you’re one of the millions of people that’s looking to sell their home this year, then you want to make sure you get the most money possible out of the transaction. In order to do that, you have to make sure that your beloved home is in tip-top shape.
One of the most integral details of selling your home for a good value has to do with your countertops. If you have old countertops in your kitchen or bathroom that are made with outdated materials, then you’re definitely not going to get as much money from selling your home as you could. If you update your countertops to natural stone material, then you’re going to get a much better value when you sell.
Why Does Natural Stone Increase Value?
In order to help you see the appeal of updating to natural stone like granite, quartz, and marble, we’ve compiled a list of reasons as to why these materials will amp up your home’s value.
1. Natural stone is timeless.
The popularity of natural stone has been steady for many years, and it’s not going to fade anytime soon. Many homebuyers consider natural stone a must-have for their potential purchase—and it can be an incentive if the home they’re considering already has it installed. It’s one less project for them to do. No two slabs of natural stone are alike, and that uniqueness makes them enticing.
2. It’s low maintenance.
Although marble takes a bit more maintenance than granite and quartz do, all three natural stone materials are relatively low maintenance for the amount of durability they promise. They require annual resealing, but that’s about it (other than daily routine cleaning, that is).
3. It’s durable.
Natural stones will not need to be replaced for many, many years. Unlike butcher block and laminate, natural stone can last a lifetime if it’s taken care of correctly. Natural stone is perfect for households with a lot of activity happening on the countertops.
4. There’s a high investment return.
Remodeling your kitchen/bathroom and updating your countertops does require investment, but when you sell your home with updated natural stone countertops, you get a 90–100 percent return on that investment.
5. It’s good for the environment.
Natural stone countertops often last for as long as the home stands, which means there is inevitably less waste that ends up in landfills due to discarded materials.
How Much Does It Boost Value?
The value of increase is different with each variant of natural stone. It’s not an exact science because home pricing also depends on
- the average prices of homes in your neighborhood and the surrounding homes,
- the age of your home,
- the general condition of your home,
- the overall size of your home.
With those things in mind, it is possible to provide a good estimate of how much natural stone can boost your home’s value. Here are the three most popular types of natural stone countertops and the amounts to which they can boost your home’s value:
- Granite – Granite can be counted on to increase your home’s value up to 25 percent, which almost always covers the amount of money that it took to install it.
- Quartz – Quartz is very popular in the market right now because it’s a very versatile material. It can boost your home’s resale value up to 7 percent.
- Marble – Marble is a high-end stone, which means that it has the potential to increase your home’s value by about three times the amount it cost to install the counter.
It’s important to keep in mind what surrounding homes have installed in their kitchens and bathrooms. If there’s a trend in your neighborhood, you might consider following it. Buyers will pay extra for upgrades, but not if there are similar house options nearby that don’t include upgrades that they can buy for a lower price.
Update to Natural Stone
Installing natural stone countertops doesn’t guarantee that your home will sell at a higher rate, but it does tell buyers that they’re putting their money into a property that’s been well taken care of. They’ll see that your home is of good quality and a worthy investment, and in return, you’ll get back what you put into it.