Cobb Real Estate Blog

One of the rooms that’s closest to the top of the list with people searching for a new home is the kitchen. The kitchen needs to wow the prospective buyer or at the least not be a detractor. This being said, when most sellers decide to spruce their place up or do some renovations, the kitchen is one of the main places to hit. The Remodeling Online figures from their 2004 Cost Versus Value Report show that doing a minor kitchen remodel will recoup 92.9% of the cost put into the project. If you choose to perform a major upscale kitchen remodel you’ll recoup 80.3% of the cost and with a major mid range kitchen remodel you’ll get back 79.4% of the money you put into the project. These numbers lead me to believe that if you’re remodeling to sell quickly, go with minor kitchen remodel due to the higher value added percentage. However, if you plan on staying in the house and enjoying your upgrades for awhile, go ahead and do the major remodeling project.

Here are a few other sources of information regarding kitchen remodeling:

The Kitchen Sells Your Home [Realty Baron]
Trade show reveals latest in kitchen design [RealEstateMate.com]
Kitchen Remodeling Ideas
Remodeling Kitchens: Getting Started [Hometime]