Kitchen Remodeling: A Guide for Home Sellers and Movers

November 20, 2010

If you are planning to sell your home in the near future, an attractive kitchen could really help to improve your chances of finding a buyer and getting a good price.

Cost Versus Benefits of a Kitchen Remodeling Project

Of all the home improvement projects you could carry out, a kitchen remodel is one of the few that could still give you a good return on your investment, despite the weak housing market. Remodeling magazine's 2009-10 Cost vs. Value Report states that a minor kitchen remodel that includes kitchen cabinet refacing rather than replacement plus a new oven and cook top, a new sink and faucet, good quality flooring, and laminate countertops, is the only kitchen and bathroom project that makes it into the top ten list of home improvement projects with the greatest return on investment across the USA.

Kitchen Remodeling: It's Not Just About the Money

You should not expect to recoup all of your costs if you decide to remodel your kitchen by refacing kitchen cabinets, as the national average was 78.3 percent of costs recouped. The full benefit of a minor kitchen remodeling project comes from the boost it gives to your home's appeal to prospective buyers. Buyers are in a strong position in the current housing market and expect excellent value for money, so your kitchen remodeling project should aim to significantly improve the look of your kitchen. If you are experienced in DIY, a minor kitchen remodeling project should be well within your capabilities. If not, it could be worth paying a contractor to ensure that the end result looks appealing.

 

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