A Minor Kitchen Remodel Can Yield Major Return On Investment

Dated: 03/26/2016

Views: 109


A small kitchen remodel project can be a great investment for your home. Resurfacing kitchen cabinets, changing their hardware and making other minor improvements can boost your home’s value enough that they come close to paying for themselves.



Small kitchen projects earn a return on investment of more than 83%, according to the latest Cost vs. Value report from Remodeling magazine. That means for every $100 spent on the upgrade, a home’s value increases by $83, on average. That’s a much better return than many owners get from other home projects, including basement additions, bathroom upgrades and even replacing the roof.



You could also consider replacing one or two appliances with new ones that have high energy-efficiency ratings, updating your floor or countertops and applying a fresh coat of paint.



Such upgrades have many benefits. You’ll enjoy your kitchen more, bump up your home’s value and maybe even command a higher price when you’re ready to sell your home. Overall, there’s a good chance that updating a kitchen will make you a happier homeowner.



>> Continue Reading

1 comments in this topic

Want to Advertise on this Site?

Latest Blog Posts

Real Estate 2018 What To Expect

Real Estate 2018: What to ExpectAs we head into a new year, the most common question we receive is, “What’s the outlook for real estate in 2018?” It’s not just potential buyers and sellers

Read More

Jan 3 2018 53047 1

3 Questions To Ask Before Buying Your 1st HomeThe real estate market is constantly changing, so of course DO YOUR RESEARCH! DO NOT jump the gun on this one! Unbiased advice from family and peers may

Read More

Ditch The Jumbo Loan

Have you heard?We sold the home at 911 W Woodlawn in Beacon Hill in 3 days! Multiple offers! If you have a home to sell, contact The DeFrees Group for a free market analysis to find out what

Read More

Sneak Preview In Beacon Hill

We hope you all had a wonderful Thanksgiving! Our family all got together at our oldest son, Mike's house. Because of schedules and extended family, we are usually missing one or two. We have 7

Read More