Question 1

Is remodeling a kitchen a good investment?

Accepted Answer

Absolutely! The best value for your home comes from kitchens and bathrooms. Kitchen remodeling is an investment that can increase the value of your home by up to 20%. Therefore, if you have a $700,000 home – you can expect kitchen remodeling to be worth about $70K, that doesn’t equate to the final cost, but final VALUE. This is good to keep in mind that a small kitchen remodeling project can be a great investment for your home

Question 2

How much does it cost to remodel a kitchen?

Accepted Answer

This is impossible to answer without knowing the extent of your remodel. The cost of your remodel is 100% dependent on what materials you choose and how big the job is. According to Home Advisor, you should spend 5% to 15% of the home’s value on your kitchen remodel to get the best return on investment. For instance, if your home is worth $300,000, then a modest remodel budget is $15,000.

Question 3

What is the most expensive part of a kitchen remodel?

Accepted Answer

Usually, the cabinetry is the most expensive part. This can cost up to $15,000 on its own. The second most expensive part is appliances, and the third place is countertops. Of course, all of this can vary based on the appliances, countertops, and cabinet style you choose.