If a homeowner is determined to increase the value of their home by doing some renovations choosing to renovate their kitchen is the best choice. On average a kitchen renovation can increase the value of a home from anywhere between$10,000-$30,000. Now I know what you are thinking, how much do I have to invest to get such a larger return? The good news is that even a kitchen remodel for $5,000 can increase the value of your home by $10,000. So where do you start?
First you must plan ahead. Meet with a professional contractor or remodeling company and come up with a plan. Discuss your must-haves and how you need the space to work for your lifestyle. From this discussion you will determine your budget, and what it will allow for. Once you understand what you can afford, begin choosing the cabinets, countertops, sinks and appliances. By choosing these items ahead of time you will also be avoiding any delays later in the project. In addition, you will want to set aside some money from your budget in case something unforeseen comes up. This will help you prepare for the worst-case scenario without having to sacrifice what you want.
It is also important to choose your contractor wisely. It is vital to ensure they are properly insured, have a great portfolio and have references.
During the actual renovations you must prepare yourself for the havoc that a remodel reaps. During the remodel you will need to have patients and roll with the punches. For example, a kitchen renovation will put your current kitchen in decommission. So you will have to set up a temporary kitchen to work in, while the renovations take place. Keep the changes to a minimum. The more changes you make during the renovation process the more it will prolong the process and will likely increase your budget.
By following these basic rules your kitchen remodel will go off without a hitch.