How Much Does A Kitchen Remodel Increase Home Value??

But she’s also worked on major projects, where the entire kitchen is gutted, reorganized, upgraded, and sometimes even moved to a new room—and those can cost between $80,000 and $120,000.

Mid-range remodels fall snugly between the two, according to Remodeling Magazine’s 2019 Cost vs.

Value Report, at about $66,000.

What percent of home value should be spent on kitchen remodel?

15 percent

What is the most expensive part of a kitchen remodel?

The most expensive element of any kitchen remodel is usually the cabinets, which on average cost upwards of $15,000. In second place are new appliances, costing on average around $8,200. The countertops are the next greatest expense, generally costing just under $6,000.

Does a kitchen remodel add value?

For example, the national average ROI for a major upscale kitchen remodel is almost 54%. That means you recoup about $68,000 after spending around $126,000. What about a smaller renovation project? The average cost of a minor kitchen remodel is about $21,000, and the average amount recouped is $17,000.

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