Out of the various home remodeling projects homeowners invest in, the kitchen and bathroom are two of the most popular remodels. Why are they so popular? Do people significant increases in their property value by remodeling a kitchen or bathroom? Hiring the right Pittsburgh kitchen remodelers can make a difference in the resale value for your home. People like to see modern styles in the kitchen. When making the decision between a kitchen or a bathroom remodel, here are some things to consider.
Understanding the Resale ValuePeople want a kitchen to be modern and equipped with energy-efficient appliances. The amount of money you spend on a kitchen remodel will determine how much you can get out of the sale of your home. Some people spend less than $3,000 while others spend upwards of $45,000. A custom-designed kitchen remodel will cost you more money, and it is something you need to consider as you may not receive a high resale value based on the condition of the rest of your home. Location is essential to the resale value of a home. Even with an amazing kitchen that cost you $10,000 to create, you might not receive a return on the investment because of the location of the home.
The ROI MattersWhen comparing the costs and return on investment (ROI) for a kitchen remodel, you need to do some serious research. History shows that people look at the kitchen and bathrooms first when shopping for a new home. People who invest money into a kitchen remodeling project can receive a 60% - 120% return on investment. It is important to avoid going overboard on a kitchen remodel. If you opt for a kitchen that is not going to fit with the style of the home, or the neighborhood, people might pass on your home.
Investing in a Bathroom RemodelHaving multiple bathrooms in the home is a huge selling point. If your home only has one or two bathrooms, consider adding another one. Next to the kitchen remodel, the bathroom remodel is the most popular home improvement project homeowners invest money into. Homeowners can receive an 80% - 130% return on investment from a bathroom remodel. A bathroom remodel will not cost as much money as most kitchen remodels if you do not go overboard. Most homeowners can do a lot of the work on their own. Tiling a floor, adding a toilet, and changing a sink and vanity combination is easy to do. Bathroom remodels can start at $150 or so for a basic upgraded toilet and paint job. A higher-end remodel can cost upwards of $20,000 if you choose custom-designed bathroom appliances and other options.
For more kitchen design tips, bathroom remodeling help or assistance other home remodeling projects contact Legacy Remodeling today.
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