The Return on Your Investment
Remodeling Magazine’s 2011-2012 Cost vs. Value Report states that mid-range minor remodels can be close to $20,000; this includes new countertops, appliances, cabinet fronts, and hardware. A mid-range major remodel can near the $58,000 mark, including new appliances, cabinets, countertops, flooring, and lighting renovations… but they also bring a significant return — a whopping 66% return according to Remodeling Magazine! — when reselling.
With so many options and designs it is easy to become overwhelmed with excitement. Think about what is most important to you and how it might be seen by potential buyers if you later sell your home.