Phone: 847-742-2000

FAQ: Will a Kitchen Remodel Add Resale Value to Your Home? 

People remodel their kitchens for all reasons. Maybe you are tired of your worn and tired cabinets, a sloppy layout, or disorganized cramped spaces. Maybe you need a major style update and refresh. A remodel is certain to solve these problems for you! Because it is quite an investment, it’s also possible that you are looking for a bonus added value of your home for resale. So this has you wondering: how much ROI can you expect from remodeling your home? 

The excellent news is this: according to Remodeling’s 2023 Cost vs Value Report, you can expect an ROI on your remodel of 31.7% to 85.7%—one of the highest ROI estimates of all renovations. So not only do you get to enjoy all of the incredible benefits of a beautiful, newly remodeled kitchen, but you can expect to see much of your investment eventually returned to you. 

And if you are only looking to make a return, there are a few areas with an even higher result. Home Advisor breaks down expected returns on specific improvements as follows: 

  • Upgrading Knobs, Pulls, and Hinges • Expected ROI: 85-100%
  • Updating Cabinetry • Expected ROI: 80-100%
  • Installing Granite or Quartz Countertops • Expected ROI: 60-80%
  • Adding a Kitchen Island • Expected ROI: 60-80%
  • Purchasing New Appliances • Expected ROI: 60-80%

So if you are considering updating your home, and future resale value is a priority, a kitchen remodel is a great place to invest. The kitchen is the hub of the home, and very important to future homebuyers. It’s a great idea to take a look at the local real estate market, look at your total home, and weigh what matters to you when doing a remodel. Our customers love to enjoy their new kitchens in the present and for years to come, and when it comes time to sell, prospective homebuyers appreciate the updates as well!

Are you interested in investing in your home with a remodel? Visit your nearest Seigle’s to get started with a free design an estimate! Make an appointment to visit today. 

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