The kitchen is one of the most important spaces for homeowners and potential home buyers. In fact, 80% of buyers put a kitchen at the top of the list of what they’re looking for in a home.
The Average Cost Of A Kitchen Remodel
One of the biggest deterrents for people who want to remodel a kitchen either for themselves or in preparation to sell their home is the cost.
Renovating your kitchen can get expensive fast. High-end kitchens with granite counter tops, brand new custom cabinets, tile backsplashes, and commercial grade appliances can cost around $126,000 or more.
However, there are a few impactful ways to remodel your kitchen while saving money. Simply replacing appliances, counters, and flooring, and renewing wood cabinet fronts and hardware can drop that average cost to just $5,000 to $21,000.
Remember that you don’t have to over-improve your kitchen to achieve the transformation you’re looking for. Even just changing your cabinet color can make a dramatic difference for a small fraction of the cost.
How To Save Money On Kitchen Remodeling
By having a plan, prioritizing what means most to you in your remodel, and focusing on the areas that make the most difference—like kitchen cabinets—you can get the results you’re dreaming of without a huge price tag.
Instead of getting rid of your current cabinets, consider changing your cabinet color with painting or refinishing. If your cabinet fronts are outdated, you can reface them or replace your cabinet doors while leaving your cabinet boxes intact.
The Impact Kitchen Renovations Have On Your Home Value
The simple truth is, buyers are willing to pay more for kitchen upgrades. Updating your kitchen can make it stand out for potential buyers, or if you plan on staying in your home, simple updates can make it a more enjoyable place for you to be.
Of those who remodeled their kitchens in 2017, 33% reported having a healthier lifestyle afterward, 41% said they cooked more at home, and nearly 50% said they enjoyed more family time. The benefits of updating your kitchen are clear.
The specific return on investment for a kitchen remodel will depend on your local market. But on average, smaller kitchen renovation projects yield an ROI of about 81%.
Wood Cabinet Renewal In Florida With N-Hance
It’s clear that simple kitchen renovations can make a big impact on the value of your home. Start by changing the color of your kitchen cabinets with help from N-Hance of Palm Beach & Martin County.
Schedule your FREE estimate for our affordable cabinet refinishing services today!