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Does A Kitchen Remodel Add Value?

July 27, 2021

If you are looking to sell your home to potential buyers in the future, one of the ways you can make your home more attractive is a kitchen remodel. Kitchen remodeling is one of the most popular home improvement projects many take on before selling their homes. When people consider remodeling their kitchens, one of the first questions on their minds is how much value a kitchen remodel adds. We will share some valuable information on how and how much a kitchen remodel adds value.

If you are looking to sell your home to potential buyers in the future, one of the ways you can make your home more attractive is a kitchen remodel. Kitchen remodeling is one of the most popular home improvement projects many take on before selling their homes. When people consider remodeling their kitchens, one of the first questions on their minds is how much value a kitchen remodel adds. We will share some valuable information on how and how much a kitchen remodel adds value.

The Value of a Kitchen Remodel

Generally speaking, the return on investment (ROI) of a kitchen remodel varies, and a significant variant is the budget of your kitchen remodeling project. For example, a mid-range kitchen remodel will have an ROI of around 50-60 percent. For example, our kitchen installs start at around $35-$45k (the kitchen in the nearby image was around $70k), so a ROI can range anywhere from $17,500 to $27,000. More minor renovations, however, can have a much higher ROI, sometimes over 80 percent. An important note for how much a value a kitchen remodel adds is also dependent on many different factors and the size of your project.

Kitchen after remodeling | Kitchen Remodel Add Value | Saturn Construction

Variables That Affect the Value of a Kitchen Remodel

As said before, one of the most significant factors that can affect the value of a kitchen remodel is the scope and budget of a project. One other factor is where you live. If you are working on a smaller remodeling project, which can typically have an ROI of around 80 percent, that ROI can be as high as 90 percent if you live in a highly desirable area. Going back to our kitchen installs, say you remodel your kitchen and spend around $35,000. The specifics of your local market can take a potential ROI from around $17-20k to $28-30k when the time to sell comes.

Another major factor in the value of a kitchen remodel is local buyers. Remodeled or renovated kitchens are routinely the most attractive features to many homebuyers. Homebuyers have consistently shown a willingness to pay more for a remodeled kitchen. Finally, homes that have recently been remodeled or renovated kitchens also tend to sell quicker on the marketplace. So a kitchen remodel adds value if you intend on selling your home in the future by potentially increasing your ROI and making the sales process quicker.

Specific Kitchen Renovations That Add Value

How much value a general kitchen remodel adds varies but here are a few specific renovations especially effective at making your remodeling project pay off.

  • Cabinets: A good rule of thumb is to allocate a good portion of your budget on fixtures or furnishings you are likely to replace infrequently, and cabinets are one of those.
  • Hardwood flooring: Hardwood flooring is incredibly attractive to buyers (in both kitchens and other rooms) and has an ROI of around 70-80 percent, even as high as 90 or 100 percent.
  • Countertops: natural materials are popular, have a long life and will add value to your kitchen remodel.

Your kitchen remodel is an investment, and the proper updates can give your home a boost on the market or make your day-to-day life more enjoyable, thanks to a beautiful new kitchen.

Kitchen with new white sink after remodel | Kitchen Remodel Add Value | Saturn Construction

Reach Out To Saturn Construction LLC for Kitchen Remodeling

Are you planning on remodeling your kitchen? Do you want to make sure your kitchen remodel adds value to your home? If so, contact Saturn Construction LLC. Saturn has years of experience in carpentry services, remodeling many kitchens in Southeastern Pennsylvania. Our highly qualified and experienced team works with many different materials and styles and will collaborate with you to bring your dream kitchen to life. For more information on our services or to get started on your kitchen remodel, contact us today.