What Are the Financial Benefits of Remodeling Your Kitchen? (Infographic)
A well-organized kitchen is an excellent place for family time and extra help. You can create a work area that’s spacious enough for all of you to sit down together to prepare meals. If you have kids, you can include them in the cooking process and even encourage them to help with specific tasks. A spacious kitchen also lets natural light in, enhancing your mood and gardening efforts. If you’re planning a remodeling project, there are several ways to consider your needs before starting.
Improving The Value of Your Home
One of the most popular reasons to remodel a kitchen is to improve its value, and remodeling can increase the value of your home. A new kitchen is more appealing and inviting to children and families, improving the quality of life. You can also reap other benefits from remodeling, including better energy efficiency. Installing new appliances and sinks will save you money on electricity, and you can also save water by installing low-flow faucets and fixtures. In addition, remodeling your kitchen will add value to your home.
Planning To Sell Your Home in the Near Future?
If you’re planning to sell your home, kitchen remodeling in Riverside will allow you to recoup a substantial portion of your investment. According to the 2021 Cost vs Value Report by Remodeling Magazine, a renovated kitchen will increase the selling price of a home by 62-77%. If you’re planning to move on, remodeling your kitchen will help you sell it faster. A well-designed kitchen is a selling point for a home.
More ROI
While there are many financial advantages to remodeling your kitchen, getting a large portion of your investment back is also possible. Depending on the size of the remodel, you can expect to recoup between 62% to 77% of the renovation cost. Moreover, if you plan to sell your home later, it will be easier to sell. When it comes to selling a home, the kitchen is often one of the most attractive aspects, so a well-designed kitchen can help you sell the house faster.
While the majority of homeowners do not remodel their kitchens to add value, the average home buyer is more likely to purchase if it has been remodeled. It’s also important to consider the financial benefits of kitchen remodeling in Santa Ana. The recoupment can be significant, as you will save a lot of money on energy bills. The kitchen can also boost the value of your home. The money you save on repairs and appliances can be used for other purposes.
Energy Efficiency
Besides making your kitchen more functional, kitchen remodeling will lower your household’s energy use. Changing the lighting in your home can reduce energy use by as much as 70%. By installing new light bulbs and installing water-saving faucets, you’ll save on electricity. You’ll also save on water when your refrigerator has a tankless hot water system.
The Best Kitchen Remodeling Company in California
Are you in need of a kitchen remodeling contractor? Then you should check out Mr. Cabinet Care! Our company is California’s one and only 14-time winner of the Best Kitchen Remodeling Company award. If you’re interested in upgrading the look and functionality of your kitchen to the next level, contact us today at (714) 961-1900 or visit our website www.mrcabinetcare.com/