Asked by: Wu Roversi
asked in category: General Last Updated: 18th March, 2020

Is it worth doing a kitchen renovation?

An average kitchen remodel will pay off more than a high-end renovation. According to Remodeling magazine's Cost Vs. Value Report, a midrange kitchen remodel costs $63,829 and homeowners recoup $37,637, which is 59 percent. An upscale kitchen remodel costs $125,721, with a 53.5 percent ROI.

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Besides, how much value does a kitchen renovation add?

Realtors also believe that kitchen renovations are the most likely to increase your home's value—but that doesn't guarantee that you'll make back every penny you spend. Remodelers project that a kitchen upgrade will cost an average of $35,000, while only adding an average value increase of $20,000 to your home.

Additionally, what renovations are worth doing? Worth It: 8 Renovations That Pay You Back

  • Great Garages. 1/9. Sometimes the best curb appeal upgrades are the simplest.
  • Enjoy A New Deck. 2/9.
  • All Around the House. 3/9.
  • Attic Retreat. 4/9.
  • Update Your Kitchen. 5/9.
  • Seeing Clearly. 6/9.
  • Down Below. 7/9.
  • Having A Backup Plan. 8/9.

In this regard, how often should a kitchen be remodeled?

Kitchens are one of the most heavily trafficked rooms in the home with most homeowners entering them two to three times a day or more than 1,000 times a year. Due to the high rate of use, our contractors here at Legal Eagle Contractors recommend remodeling your kitchen every 10 to 15 years.

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.

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