Sunday, May 13, 2012

Kitchen ROI

            Last week we discussed the ROI value of bathroom remodels and additions. This week we will focus on kitchens. After all, they are the heart of the home. Or as I like to say, your kitchen is where life’s most important conversations take place.


            Remodeling magazine’s cost vs. value report for 2011-2012 shows that if you spend between $5,000 and $25,000 on a kitchen remodel, you can expect to recoup 75% of your investment. If you spend $25,000-$100,000 on your kitchen remodel, you could expect to recoup 71.1%. These are great numbers! Even with the shape our economy has been in, it is good to know money invested in your kitchen is not lost, but highly valued.

            Now is the time, with interest rates holding at their low rates, to take the plunge and make the investment into your kitchen. Your family will thank you, you will thank you and you will have an enjoyable space to enjoy over the months ahead. I would love to hear how your project goes.

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