Cost of Your Kitchen Investment

Factors such as room size, layout, materials used and amount of labor required will all affect the cost of your kitchen remodeling project. Your project is going to cost more if you are starting from scratch with a complete remodel rather than just replacing a couple of items.

A kitchen remodeling project can cost anywhere from $5,000 to $50,000 or even $150,000 – you can regulate the cost of your kitchen remodeling project by making product choices that fit your budget.

Kitchen remodels are near the top of the list for the best investments homeowners can make to increase resale value. Buyers are more interested in homes with a recently remodeled kitchen area if they are looking at multiple properties.

According to the 2007 Cost vs. Value Report by Remodeling Magazine, national averages for the South Atlantic region estimate that a major kitchen remodel of approximately $55,500 will recoup 78% of the job cost and a minor kitchen remodeling with a job cost of approximately $20,200 will recoup 83% of the cost.

A new kitchen is a major investment, so take your time choosing colors, finishes and features – and remember to have fun. Work closely with your professional contractor and don’t hesitate to ask for help and creative ideas – this will bring you one step closer to the kitchen of your dreams.