According to a recent study, a kitchen "refresh"—painting cabinets, installing appliances or countertops, upgrading hardware, etc.—has the highest return on investment of any repair or modification undertaken to a house that is about to sell.
Different renovation or repair initiatives can yield significantly varied returns when it comes to selling a home, according to the analysis created by Curbio Inc. According to the Potomac, MD-based company Curbio, which specializes in pre-listing repairs, updates, and renovations, the Preparing to Sell: 2022 Home Improvement Report examined thousands of renovation projects across 30+ U.S. markets to determine which ones yield homeowners the highest returns when selling.
According to Curbio's analysis, a kitchen "refresh" is the project with the highest return on investment, at 377%. According to Curbio,
if a homeowner spends $15,000 updating their kitchen, they may anticipate receiving an additional $71,550 when they sell their property, or a profit of $56,550.
Additional home repair initiatives with high return on investment (ROI) include:
Is it time to update your kitchen, bathroom, mudroom, or another room in your home? Let's talk about what options you have and how our custom cabinets can benefit your living space. Call us at 269.945.2911 or fill out our contact form and we will contact you!
Source: Kitchen & Bath Design read the complete article HERE.
Site Links
All Rights Reserved | JD Cabinetry
Website by SPECK DESIGNS
Site Links
Site Links
All Rights Reserved | JD Cabinetry
Website by SPECK DESIGNS