The idea of kitchen remodeling might sound like a fun project. But the reality for many homeowners is that it takes a significant amount of time, effort, and money with the average homeowner spending about $26,000 on a kitchen remodel. Choosing to remodel a kitchen is a huge decision that also hinges on a number of factors. When is the right time? What type of budget do you have? Is it actually worth the return on investment? But don't let these factors deter you from your dream kitchen remodel, it's just important to know what you're getting into.
In this blog we highlight why the right kitchen remodel can do wonders for your home.
The kitchen is the heart of any home. Often, it's the one room that can deter potential homebuyers from committing to a sale if they just don't love what they see. In fact, up to 80 percent of them placed the kitchen in the top three most important spaces in the home. While 69 percent of homebuyers would pay more for a home if the kitchen featured new, updated appliances, and countertops.
In many cases, you can count on a kitchen remodel to boost your home value and become a worthwhile investment. The national average return on investment for a major kitchen remodel is around 54 percent. This means you could recoup up to $68,000 if you spent $126,000.
All in all, it's one of the best home improvement projects to boost your overall home value.
Depending on the scale of your kitchen upgrade, you can dramatically improve the efficiency of the space. Overall, this leads to long-term savings on your energy bills--yet another benefit of renovating an outdated kitchen.
Upgrading your appliances, installing energy-efficient lighting options, and improving your kitchen insulation can all make a significant difference to your overall energy consumption.
It's no secret that many older kitchens were not designed with the best use of space in mind. If this is the case with yours, a full-scale kitchen renovation can maximize your home's floor space and even reinvent claustrophobic, cut-off kitchens.
Some popular ideas include knocking down non-load-bearing walls to create an open flow between your kitchen and living area. Or, you could relocate large appliances for better functionality in the kitchen and use of space. Some of the best kitchen layouts for those who love to cook include U or L-shaped kitchens, or a kitchen with a large center island.
The use of higher-quality materials in a kitchen remodel helps to minimize the amount of time you spend on cleaning and maintenance tasks. For example, good quality shaker-style cabinets not only improve the aesthetics of your kitchen but are easier to clean and keep in good condition. The key here is to invest in top-quality materials.
Changing out your countertop materials for long-lasting options, such as granite, travertine, or quartz also means you'll spend less time cleaning, and less money on replacement.
If you've been dreaming about a long-overdue kitchen remodel, Els Home Builders is here to help you bring your vision to life. We offer a team of experts with years of experience in full kitchen remodeling projects, including redesign, or just basic upgrades. We also offer custom-made solutions to help you get the best return on your investment.
Ready to get started and looking for a free quote or more information on how we can assist you? Get in touch with us today.
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