Kitchens are traditionally one of the first rooms homeowners remodel and doing so cost $23,000 – $135,000. When buyers look at homes that are for sale, a modern kitchen is what often encourages them to make an offer. With budgets below $4,000, homeowners avoid making upgrades to countertops, cabinets and appliances in the kitchen7.
High-end average cost: $135,547
Additional home value: $72,993
Return on investment: 54%
Mid-range average cost: $68,490
Additional Home Value: $40,127
Return on Investment: 59%
Low-end average cost: $23,452
*How Much Does It Cost To Renovate A Bathroom?
An airy and modern bathroom is considered a luxury by many homeowners. And buyers, just as with kitchens, often focus on bathrooms when deciding whether or not to make an offer on a house.
Remodeling a bathroom, on average, costs $20,000 – $38,000. Renovations in the primary bath are typically only done when budgets are at or exceed $4,5007. With budgets below this threshold, upgrades like floors, lights, counters and cabinets aren’t typically pursued, though paint is the embellishment people still splurge for.
High-end average cost: $67,106
Additional home value: $37,995
Return on investment: 57%
Universal average cost: $34,643
Additional home value: $21,463
Return on investment: 62%
Mid-range average cost: $21,377
Additional home value: $13,688
Return on investment: 64%
*Rocket Mortgage 2021
Give Dave a call at 707-696-7074 to schedule your no-cost visit to check out your project.
Categorised in: Uncategorized