What to do with that ugly, dated kitchen is a concern for vendors everywhere. Not everyone has a modern to-die-for kitchen.
The out-of-date kitchen can be a real turn-off for some buyers. On the other hand, it may not be financially viable or worthwhile to replace before selling.
"It's an overused mantra, but kitchens sell homes," says Daniel Coulson, national residential manager at Bayleys. "The harsh reality is that most buyers would prefer a spacious, modern kitchen."
In this situation, you'd be unlikely to get your money back on a brand new replacement kitchen, even if you did have the money and time to install one, he says.
The problem, says Barfoot & Thompson agent Cristina Casares, is that the vendor is unlikely to do the kitchen replacement to a high spec. The buyer is buying other than their dream kitchen. If they're paying money for a new kitchen they want to choose their own. "Sometimes it's better to keep the existing kitchen and let the buyers add value."