Kitchen Remodeling, Bathroom Remodeling, Basement Finishing in Charlotte NC

Do Kitchen Remodeling Services Increase Home Value?

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If your kitchen is looking a bit tired, it might be something you think about every day. And if the house is put up for sale, prospective buyers will take note of the kitchen’s condition. Kitchen remodeling services serve two purposes: they make homebuyers happy and can increase the home’s future selling price.

Do Kitchen Remodeling Services Increase Home Value?

What Goes Into the Cost of Kitchen Remodeling Services?

 A minor kitchen remodeling with a new sink and counters will cost less than a major one that takes everything out and starts from scratch. As a guideline, installing new cabinets can account for as much as 30 percent of a budget. Other significant costs include:

  • Labor
  • Appliances
  • Countertops
  • Backsplashes
  • Flooring

New walls and ceilings are generally less costly, but this is not always the case.

How Much Can I Make Back on Kitchen Remodeling Services?

 Real estate agents claim that new kitchens sell houses, but your ROI (return on investment) is not written in stone. The price of kitchen remodeling services varies widely, and luxury kitchen remodels require significant investments. Still, a homebuyer who falls in love with that upgraded kitchen could drive up the selling price.

While it’s hard to provide an exact percentage, educated estimates tend to be high. A Remodeling 2022 Cost vs. Value Report claims that minor to mid-range kitchen remodels in the U.S. earned an average of 71 percent ROI that year.

At B&E Construction, our kitchen remodeling services can be small, medium, or full-on luxury. To see what’s right for you, contact us today.