Kitchen Remodel Return on Investment in 2014
So your kitchen is looking a little behind the times and could really use a face lift. If you live in Los Angeles, California and you’ve been thinking about remodeling your kitchen, but are unsure if the investment is worth it for you, then you’ll want to read this post.
Kitchen Remodel Return on Investment
Value for Kitchen Remodel is Up in 2014
According to expert analysis in the 2014 Cost Vs. Value Report, the value of most remodeling projects, including minor kitchen renovations, are up this year. This increasing trend is good news for homeowners who are worried about their ROI (return on investment) and marks an end to the steady decline in cost vs. value we were seeing since the drop in 2006.
Check out the infographic:
As you can see, a minor kitchen remodel runs you an average of $22,718 and your ROI averages $23,100. This figure makes your investment more than worth it with a 101.7% cost recoup, up higher from last year. Now that’s something to get excited about!
Are you interested in making some changes to suit your culinary space? Visit us at our 24,000 sq. ft. Anaheim, CA showroom or give us a call today and we’ll give you a no obligation free quote: 800.581.2193