Did you know that 80% of potential buyers put the kitchen at the top of their list when it comes to what they’re looking for in a new home? It’s clear that the kitchen significantly impacts a home’s value, so here’s a breakdown of the numbers.

How Much Does A Kitchen Remodel Cost On Average? 

One of the biggest hindrances for people considering remodeling their kitchens is the cost—and understandably so. The costs of a kitchen renovation can add up fast. 

For high end kitchens with premium materials like all new custom cabinets, granite countertops, commercial grade appliances, and tile backsplashes, you can expect to pay around $126,000 or more

But the good news is, there are actually a few ways you can save a significant amount of money on your remodel. Start with the areas that have the most impact, like appliances, flooring, and renewing existing cabinets, and the average cost can drop to just $5,000 to $21,000

You may not have to do as much or drop as much cash as you initially expect to transform your kitchen on a budget. In fact, even just changing the color of your kitchen cabinets can make a dramatic difference for a price that fits within just about any budget. 

Ways To Save On Your Kitchen Remodel 

Start by establishing a plan that highlights your priorities in the areas that make the most difference, like kitchen cabinets. By doing so, you can enjoy a significant transformation without the massive price tag. 

Avoid the initial tendency to completely get rid of your existing cabinets. Instead, consider upgrading your current cabinets with a new custom finish or refacing your cabinet fronts while leaving their inner structure intact. 

The Impact A Kitchen Renovation Has On Your Home’s Value

The fact is, buyers are willing to pay more for an updated kitchen, so it’s worth the price you pay. Plus, this can also positively impact you and your loved ones with the time you have left in your home.

Of homeowners who remodeled their kitchens in the year 2017, 33% reported lived a healthier lifestyle afterwards, 41% said they cooked more at home, and nearly 50% said they enjoyed more family time. 

The specific return on investment for your kitchen remodel may obviously vary based on your property and specific local market. But the encouraging news is, even smaller kitchen renovation projects typically yield an ROI of about 81%

Kitchen Remodel In Redding, California 

Simply changing your cabinet color can make a significant impact on the value of your home. N-Hance of Redding, Chico & Sacramento can help with our variety of cabinet refinishing services in your area. 

Schedule a FREE estimate today to get started!