For those considering home improvements, the kitchen is usually one of the first places to start. But do you know how much home repairs cost, or how much you can invest in your kitchen?
We’ll answer that question below…
If you are living in a home that you have purchased (or are in the process of buying), it’s a good idea to consider upgrading the kitchen. Upgrading your kitchen won’t just make your home more beautiful and easier to use, but it can actually increase the sale value of your house. It’s an investment that will make your home worth more if and when you decide to sell it.
You may start with a “soft remodel”– painting everything, refacing your kitchen cabinets, replacing damaged or broken hardware, and other minor repairs. Or, if you really want to go all out, you can completely change
the cabinets, tear up and replace the floor, and add in beautiful new countertops.
How much is that going to cost you? The price of a complete kitchen remodel can run anywhere from $18,000 to $54,000. That may sound like a lot of money (and it is), but remember that it’s an investment in your home’s value.
Of course, you don’t need to do everything at once. You can work on one small area of your kitchen at a time. You’ll still spend a bit of money (a few thousand dollars at the very least), but you won’t carve a huge dent into your savings all at once. Many people opt for a gradual kitchen remodel over the course of 5 or 10 years, as that allows them to save up and pay for the very best for their kitchen. Definitely an option for you to consider.