How to get the most value out of your kitchen renovation
With images of gorgeous kitchens flooding Instagram and Pinterest by the hour, it’s easy to entertain dreams of an ultra high-end remodel. But experts say a costly renovation with state-of-the-art appliances and luxury finishes won’t necessarily boost resale value down the road.
“The biggest return on investment is going to be a minor remodel,” says Skylar Olsen, chief economist for Zillow. That might include putting a new coat of paint on cabinets, refreshing the backsplash and upgrading the appliances. “Still, only expect to get back $.81 for every $1 spent.”
Here’s how kitchen remodelers recommend getting the most bang for your buck out of a renovation.