Granite countertops can have a positive impact on the perceived value of a home, but the actual increase in home value can vary depending on several factors. The extent of the increase will depend on the local real estate market, the overall condition of the property, the quality of the granite countertops, and the preferences of potential buyers.
In general, granite countertops are considered an attractive and desirable feature in a home, especially in the kitchen and bathrooms. They are known for their durability, natural beauty, and ability to add a touch of luxury to a space. Homebuyers often consider granite countertops a significant upgrade compared to other countertop materials like laminate or tile.
However, it's essential to keep in mind that the increase in home value due to granite countertops is just one factor among many that can influence a home's overall market value. Other factors, such as the location of the property, the size and layout of the home, the condition of the rest of the house, and current market conditions, also play a crucial role in determining a property's value.
While there isn't a specific percentage increase that can be attributed solely to granite countertops, some estimates suggest that having granite countertops could potentially add a few percentage points to the overall value of a home. For example, some real estate experts believe that granite countertops may offer a return on investment of 50% to 75% of their cost when selling the home.
Ultimately, when considering installing granite countertops solely for the purpose of increasing home value, it's crucial to strike a balance between the cost of the upgrade and the potential return. If you plan to sell your home in the near future, it might be worthwhile to consider the preferences of buyers in your area and consult with a real estate professional to assess the potential impact on your home's value. If you're making the upgrade for personal enjoyment and long-term use, the increase in home value becomes just one of the many benefits of having beautiful and durable granite countertops.