Are You Getting the Most Money Out of Your Kitchen Remodel?

February 8, 2007 · Print This Article

Selling your house? Do your research!

Scenario: “I’m 100% sure to make money if I remodel my kitchen!”

Are you planning to sell your home? Imagine how disappointed you’d be after spending tens of thousands on your kitchen remodel and not sell your house for the results you wanted.

According to the Cost vs. Value Report by Specpan Market Research, the average amount lost to a major kitchen remodel is an incredible 19.6%. We can teach you how to beat the average and get the most out of your money by knowing three things:


1. Know your Neighborhood

Since resale value is a major factor if your decision to remodel, you should get a free estimate of your kitchen and ask an experienced realtor about the prices in your neighborhood. Alternatively, you can check Domainia to see how much houses in your neighborhood have sold for. Rising house prices will typically return your investment.

2. Know the Trends

Although the national average for a kitchen remodel typically returns less than the cost, the Pacific Region of the United States returns 106.4% for a “minor” kitchen remodel. “Minor,” according to the data, is $19,366! Comparing the return with the “Major Kitchen Remodel” and extrapolating to our kitchen remodel estimates yields greater returns, up to about 110%.

3. Know the Value

Since a non-professional remodel can lower the value, you need to be aware of the cost vs. quality breakpoint that will get you the best bang for your buck. A professionally installed kitchen can give you a return on your investment if you’re in the Pacific region and wisely choose a kitchen remodeler with cost-effective expertise.

If you’re in the Bay Area or the Peninsula, feel free to contact us for a free estimate!

Comments

One Response to “Are You Getting the Most Money Out of Your Kitchen Remodel?”

  1. Four Easy Steps to Guide You on Your Kitchen Remodel on April 29th, 2007 1:43 pm

    [...] remodeling is best for your home. If you’re house flipping, you’re more likely to get a return on your investment if you set a lower budget for your [...]

Got something to say?