The (ROI) Benefits of Re-Designing Your Kitchen

The (ROI) Benefits of Re-Designing Your Kitchen

What kind of return on investment should you expect from a brand-new kitchen? Is it realistic for you to expect to recoup your money when you sell your home?

This is not any easy question to answer because there are a lot of variables involved.

If you choose to remodel using “entry level” cabinetry, countertops and other products because you don’t think you will stay at your home for very long, you will want to plan to sell the house fairly soon (within five years) after your remodel.

If you take longer than that to sell your home, guess what happens? Your prospective buyer may decide that your kitchen needs refinishing or worse—replacement. If this happens, you will get no value from the original renovation you performed five years earlier. However, had you spent a little more on the quality of your kitchen products then, you could have reaped the rewards five years later from the remodel.

Another reality is that putting off a kitchen remodel may not only lower the sale value of your home, but it may keep your home on the market longer. By touching up your kitchen and adding decorative enhancements, your home will be much more marketable compared to other pieces of property in your area. To illustrate, Consumer Reports contends that “not redoing the kitchen could cause the home to sit on the market for much longer than normal and to eventually sell for less than similar homes in the area.

To add value, you will want to choose enhancements such as crown molding, glass doors, lighting, and decorative hardware to create a personalized kitchen that not only you will enjoy using for many years, but also prospective home buyers should you decide to sell.

Put Our Knowledge and Creative Expertise to Work for You

If you’re on the edge about remodeling your kitchen and need advice about return on investment, contact Inspire Kitchen and Bath Design today. Our founder and president, Erika Couture, is a Certified Designer with the National Kitchen & Bath Association. For more than 17 years, she has been working with Vermont homeowners to bring their remodeling ideas to life, with a particular focus on kitchen and bath projects.

Share with Others