Property Value Increase - Ex Display or Used High End Kitchens

maydin

I am wondering if a good used high quality kitchen or ex display kitchen can increase the value of my property, considering the fact that the property has a very modest kitchen.

What is the difference between ex-display kitchens and used kitchens actually? 

Is it actually a bargain to purchase a used kitchen and to replace the worktop? Is it worth it? 

Thank you for your advice

comeandgo

Same answer as given in your other post regarding wooden flooring, a replaced kitchen will not add any value to a property.  

Mutton_Geoff

A kitchen is generally a set of doors and worktop mounted to cheap mdf cabinet shells. Second hand is a false economy unless you're desperate. And will never increase the value of your property.

I fitted a £60k kitchen to a high end property as part of major refurbishment. The new owners ripped it out as soon as they moved in.

twopenny

Ough Geof!
Yes it's not usually an increase in value. It might make it sell more quickly if it like smart clean and usable till they replace. 
The place I wanted is now for sale and they put in a new kitchen. Horrible and inappropriate to the property and expected buyers so no viewers.
The 3 things they did has made it hang on the market. Fixing the roof, the chimney and garage and good clean would have netted an extra £30-40,000

I wouldn't consider it now. Too much work to do.

Section62

maydin said:

What is the difference between ex-display kitchens and used kitchens actually? 

Ex-display kitchens typically come with all the optional extras which are impractical/expensive/not much use.  And too few basic units to be much use in a larger kitchen.

That's not to say that buying an ex-display kitchen is a bad idea, but just be aware that it will probably involve spending more money on additional units to make it work in a kitchen used for cooking in.

Gavin83

Much like your wooden flooring thread I disagree with the majority. A good, well design high end kitchen will add value. Despite what some may say the majority of people don't wish to move in and rip everything out, they want an easy life and a 'move in ready' house. Most people will move in and do nothing to a house beyond a lick of paint. If you've got two identical houses, one with a great high spec kitchen and the other with a barely useable kitchen that'll need ripping out before moving in, by most peoples logic they'd fetch the same price. Except they won't, the renovated house will sell for more, assuming it's done well, which is key. If renovations added nothing then property developers wouldn't exist.

The real question is whether you'd make back the money you spent on the kitchen. If you were doing 100% of the work yourself and being extremely careful in what you spent then maybe. If you were getting trades in to do the work, no chance.

Simonon77

Despite what some of the TV programs say, I really don't think they add any value over what they cost. Yes, if the old kitchen is really shabby it may add some value compared to not having it done, but then as others say, so many people move in and the first thing they do is rip out perfectly good kitchens and bathrooms these days that it's often a waste replacing them

ashe

I'd agree that at best your adding the cost of the kitchen to the sale price 

we didn't bother in our old kitchen. We painted it grey (was a 70s style yellow!) and put some Lino down over the knackered laminate down and this improved the look a LOT but otherwise we spent about £200 all in, and just left that to the buyers. 

Some will want a turnkey property but you're assuming your taste lines up with buyers and you'll get a quicker sale at a cheaper price where someone can use it as a blank canvas and so what they want

sugar-walsh

I agree with @Gavin83 a good, well designed kitchen will help sell a property and add value. However, that's only if the rest of the house is at the same spec. To me, houses that are either a) completely done or b) a complete doer upper are the houses that seem to sell.

JohnJ76

i have some very well offf relatives in law and they bought a property in the region of £2.5million.  The wife wanted a new high gloss kitchen in what was essentially a beautiful period property.  The exisiting kitchen was stunning, very high quality witha  wood floor that when the builder removed it they found solid exotic hardwood blocks underneath which she said rip out.  The finished grey gloss kitchen may have been to her taste but is  good example that there is no point spending 10''000's on a new kitcen only for someone to rip it out and put in an extension etc.