Kitchen Remodel Return On Investment

Whether you are ready to put your home on the market or you are just preparing for the future, investing in your kitchen is one of the best ways to increase the value of your home.

As one of the most used rooms in the house, upgrading your kitchen will not only enhance the enjoyment you get from it but will also guarantee a return on investment down the road.

According to Zillow, "In a minor kitchen remodel, you work with much of the existing kitchen, so you’re not gutting it, changing the layout or moving walls. Instead, you might replace cabinet fronts (but keep cabinet boxes) and add new hardware, upgrade to granite or quartz countertops, get a new set of matching appliances, repaint, or put in new flooring.

Remodeling magazine puts minor kitchen remodels under the cost category of “midrange,” due to the limited scope of work.

Kitchen Countertops

According to Nerd Wallet, "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."

National minor kitchen remodel ROI

• ROI: 81.1 percent
• Average cost: $21,198
• Return: $17,193

Time and time again, granite countertops lead the list of “must-haves” for buyers browsing the market. The advantages and benefits to this feature are endless. Granite or quartz countertops immediately invoke feelings of elegance and luxury in anyone that enters the room.

Additionally, these stones are some of the most durable and sanitary materials to use for cooking and eating. While the upfront cost may be a little bit higher, you can be sure that these countertops will far out last a laminate or vinyl alternative.

Kitchen Cabinets

Storage space is a great amenity that you will never regret splurging on. Installing custom cabinets is the best way to make the most of the restraints of your specific kitchen space. Another option is to work with unfinished cabinets, providing you with the opportunity to finish them in a style that best fits the décor of your home, like a modern gray stain or white-washed cerulean paint.

Backsplash

One of the best ways to personalize your kitchen space and make an impactful statement is with the backsplash. Using subway tile, you can customize the colors, sizes, layout, and overall look of the backsplash. Many homeowners extend the backsplash around every area where a counter meets a wall, and others only include it on the wall where the stove is. The options are many and the personalization is up to you.

Each of these three areas is a great place to invest your kitchen renovation dollars. They will increase every aspect of this important room including appearance, functionality, and value. Splurging on a new home improvement project can be daunting, but with these upgrades you can be sure that it will be off in the end.

For Kitchen Countertops, Cabinets, and lighting Surplus Building Materials has you covered! Start shopping our website now or give us a call at (972) 241-4444 today!