How Much Does a Kitchen Remodel Improve Home Value?

How Much Does a Kitchen Remodel Improve Home Value?

The kitchen is the heart of the home. If well designed, it can be a stylish showcase for your living space. A survey conducted by Houzz estimated that 47% of homeowners remodel their kitchens because they can’t stand the old design. Another portion was planning to sell their homes and wanted to improve the resale value through kitchen remodeling. 

Whether you’re planning a complete overhaul or just a few updates, kitchen remodels can significantly improve home value and offer a significant return on investment. 

But how much value does a new kitchen add to your home? Here’s everything to know: 

5 Kitchen Updates that Add a Lot of Value in Austin, TX

Kitchens sell houses, but increasing the value of your home and getting an ROI isn’t the same thing. These kitchen updates allow you to achieve both goals without spending too much money: 

1. Repaint Cabinets and Add New Hardware

Cabinets are expensive and can cost up to 29% of the total spend on kitchen renovations. 

Working with the existing cabinets can cut costs by 20%. Give your cabinets a fresh coat of paint and new hardware for a completely new look. This update doesn’t require costly installation. 

2. Add in a New Kitchen Sink

Given how much time you spend at your kitchen sink, you’ll notice right away if it’s not up to style or utility. Installing a new kitchen sink is a great way to upgrade your kitchen. Besides aesthetics, ensure you choose a kitchen sink that is durable to give you value for money. 

3. Swap Counter Tops

Countertops are the focal points for your kitchen and updating them gives your interior space a fresh look. New countertops have a low- to mid-range cost and clean up well. Talk to an expert at G-RUBÍ LLC to help you choose a countertop material that is affordable and fits in with your lifestyle. 

4. New Light Fixtures

A clean and modern kitchen light fixture makes a good impression with its eye-catching effect. It also sets the tone and feel of the kitchen. Consider a show-stopping fixture over the island and under-cabinet lighting. If you don’t know where to start, Gabriel is a professional craftsman who can help you breathe new life into your dark, cold kitchen. 

5. Pantry

Many home buyers want a large and well-thought-out space to stock their food. They clamor over properties with pantry, something that many home designs ignore. Thus, a pantry not only adds value to your home, but it is also a primary selling point.

Should You Remodel Your Kitchen Before Selling Your House?

Definitely. Upgrading the kitchen before putting your home on the market can have a huge payoff. Most home buyers want to purchase a home they can move into immediately rather than a fixer-upper. They’re busy people who don’t want to move into a work zone or rent another space while the kitchen is being remodeled. 

A renovated home sells faster than those that need repairs. Therefore, if you spend some time remodeling major areas like the kitchen and bathroom, you can expect quick sales. Even better, you may receive higher bids for the home. 

How Much Does a Kitchen Remodel Cost in Austin, TX? 

Many areas affect the cost of your kitchen renovation in Austin, TX, and knowing them helps you make the right decisions. Our experts at G-RUBÍ LLC will work with you every step of the way to ensure you get a kitchen that matches your vision.

Home Value

It’s always a good idea to refer to your home’s market value when calculating your kitchen remodeling budget. 

So, what percentage of home value should be spent on a kitchen remodel? 

Experts recommend spending 5-15% of that value on kitchen remodels. Once you have a general number, you can break down the project into specifics such as materials and labor. 

Project Scale and Size

The size of the kitchen and the scope of the project has a significant impact on the total cost of the remodel. Tiny kitchens don’t require a lot of cabinets, appliances, or countertops, and are cheaper to remodel than kitchens twice the size. What’s more, a complete overhaul is more expensive than just installing new cabinets or replacing the wall coverings.

Labor

Labor can cost upwards of 20% of the total budget and doesn’t always include design fees. However, using a single entity like G-RUBÍ to handle both design and labor can save you a lot of money and time. If necessary, Gabriel, the brains behind G-RUBÍ, will take over the work himself and bring your dream kitchen into reality.  

Elements

The elements you will be adding to the kitchen will have varying costs depending on their size, function, and base material. New cabinetry and hardware take up 29-48% of the total budget while flooring only costs 5%-7% of the budget. 

Boost Your Home Value with Our Kitchen Remodel Services 

At G-RUBÍ, we strive to ensure that you are comfortable and satisfied with your new kitchen. Whether you’re looking for a relaxed cooking and eating space or want to increase the value of your home, we can help you design and build a kitchen that fits your budget and needs. 

Give us a call today to give your kitchen the much-needed facelift. 

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