Kitchens are one of the most popular areas to remodel for homeowners looking to sell. But is it worth it? The short answer is YES, kitchen renos do tend to pay off in the resale market– but only if done right. For today’s #WiseWednesday here’s what you need to know about the cost of fixing your kitchen:
.
Price Home Advisor puts the average kitchen remodel for the San Francisco Bay Area in the $24,500 to $54,800 range. Small updates can cost as little as $10,000, and a lavish remodel can cost upwards of $60,000+. It all depends on the size of the space, the quality of materials, and how much you alter the space.
.
Pay Off Depending on the size of the project, you can expect to recoup 54% to 77% of what you spend on your kitchen remodel. Though it might surprise some, average kitchen remodels and strategic updates tend to pay off better in the resale market than high-end renovations.
.
Bottom line? When it comes to remodelling your kitchen, spend wisely, know what is worth updating (i.e. what buyers want), and manage your expectations.
.
If a remodel isn’t in budget, remember: we buy houses in any condition and all price ranges. No repairs, no commissions, and no closing costs. Get a fair price for your headache– call us today!
510-440-4044
[email protected]