How Much Does A Kitchen Remodel Increase Home Value?
- Wireless Drill Driver plus Wood and Masonry
- Drill Bits
- Electrician Screwdrivers
- BrushPower / Pipe DetectorClaw / Lump
- Spirit level
- Side Cutters
- Pump Pliers
- Tape Measure
- Marker Pens
- Specialty Features
- Plus Assembling Materials
Project Expertise Level Required: Medium/Advanced Skills
If you are not sure about your DIY skills and complexity of the project or repairs, we strongly recommend you to hire a trusted local tradesmen. They not only have the skills, experience, tools and discounts on materials, they also have their own insurance. If you make a mistake during a DIY project, you may end up damaging other property as well. If you are worried about how to pay for a tradesmen, check out the tab about “Ways to Pay”. and also our section about DIY disasters.
Find a local Tradesmen: http://tradesmen.express/
- Kitchen Fitters
Link to DYI Disasters>>
In general, a refurbishment or home improvement project, will considerably increase the value of your property, it will also extend the life of certain parts of your home, giving you the peace of mind you need. The following highlights the correlation between investing and the value of your property.
Small Project Cost vs Value Increase
Medium Project Cost vs Value Increase
Big Project Cost vs Value Increase
Read about it to obtain financing and how to pay for your project:
- Kitchen Refurbishment Loans
- Home Insurance Services
- Home Equity Loans
- Low Interest Personal Loans
- Low Interest Credit Cards
- Repair Assistance Grants
The cost of a a kitchen job depends on the level of work desired, materials and area. The return on investment will also vary, but it is usually rewarding for any property owner. In general, replacing is better than repairing or refurbishing, it also influences the value of your property, an important thing to consider if you are trying to sell, or buy. The cost of such a project can range between £10,000 and £20,000, but in an prime city area you could add £50,000 to your property’s value.
These are some examples of the link between investing and property value:
Kitchen Project – Midrange: Update outmoded 200-square-foot kitchen with functional layout of 30 linear feet of semi-custom wood cabinets, including 3×5-foot island; laminate countertops; and standard double-tub stainless-steel sink with standard single-lever faucet. Include energy efficient range, vented range hood, built-in microwave, dishwasher, garbage disposal, and custom lighting. Add new resilient flooring. Finish with painted walls, trim, and ceiling.
Kitchen Project – Upscale: Update outmoded 200-square-foot kitchen with 30 linear feet of top-of-the-line custom white cabinets with built-in sliding shelves and other interior accessories. Include stone countertops with imported ceramic- or glass-tile backsplash; built-in refrigerator, commercial-grade cooktop and vent hood, wall oven, and built-in microwave unit. Install high-end under mount sink with designer faucets and water filtration system. Add new general and task lighting, including low-voltage under cabinet lights. Install tile or similar flooring that looks like wood.
It is important to note that the price range of your kitchen matches the price range of your home. It is not recommended to investing £20,000 in a fancy new kitchen if your property is worth less than £200,000 – the percentage of your investment will be an unlikely return on the investment.
The same is true if your property is worth £800,000 or more, but you scrimp on the cost of remodeling and upgrades, you risk dragging the price of your property down.
As we mentioned in other articles, DIY is a more cost-effective approach to home renovations, but it is not without risk. Before you begin your project, map out exactly what is required, how much of that you can do yourself and what, if anything, will need the skills of a professional.
If all you’re doing is painting the cupboard doors or adding new handles, DIY may be the best route to take. But if your vision involves complex restructuring, like putting in new floors and surfaces or knocking through walls, it’s probably better to enlist professional help.
Before you begin designing your new kitchen, consider the style and age of your property and ensure your new kitchen is in keeping with the rest of your home. A rule of thumb is to keep it simple, stylish and clean-looking.
Now, let’s go ahead with that new Kitchen Project!