Strategies for a Kitchen Makeover
Homeowners spend more money on kitchen remodeling than on any other home improvement project, and with good reason. Kitchens are the hub of home life and a source of pride.
You can recover a significant portion of kitchen remodeling costs through the value the project brings to your home. A complete kitchen renovation with a national median cost of $80,000 recovers about 75% of the initial project cost at the home’s resale, according to the “Remodeling Impact Report” from the National Association of REALTORS®.
The project gets a big thumbs-up from homeowners, too. Those polled in the report gave their new kitchen a “joy score” of 9.8 (out of 10!), a rating based on those who said they were happy or satisfied with their remodeling.
To help ensure you get a good return on your kitchen remodel, follow these tips:
Be Realistic About Appliances
It’s easy to get carried away when planning your new kitchen. A six-burner commercial-grade range and luxury-brand refrigerator may make eye-catching centerpieces, but they may not fit your cooking needs or lifestyle.
Appliances are essentially tools used to cook and store food. Your kitchen remodel shouldn’t be about the tools, but the design and functionality of the entire kitchen. So, unless you’re an exceptional cook who cooks a lot, concentrate your dollars on long-term features that add value, such as cabinets and flooring.
Then choose appliances made by trusted brands that have high marks in online reviews and “Consumer Reports.”
Keep the Same Footprint
Nothing will drive up the cost of a remodel faster than changing the location of plumbing pipes and electrical outlets, and knocking down walls. This is usually where unforeseen problems occur.
So, if possible, keep appliances, water fixtures, and walls in the same location. Not only will you save on demolition and reconstruction costs, you’ll cut the amount of dust and debris your project generates.
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