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.