How to Make $5,000 Stretch in a Kitchen Remodel

How to Make $5,000 Stretch in a Kitchen Remodel

A “minor” kitchen remodel will cost home owners, on average, $21,695, according to the Cost vs. Vallue survey, an annual report by Remodeling magazine, in cooperation with REALTOR® Magazine, that reveals the top remodeling projects offering the highest returns at resale. Home owners stand to recoup about 72 percent (or $15,790) of that investment from a kitchen remodel when it’s time to sell too.

So the kitchen can offer some big payback at times of resale, but for the average home owner, $21,000 nowadays may be too much for their budget. So what should you do when a dated kitchen is still in desperate need of some TLC?

Here's how to transform a kitchen for less than $5,000. Paint the cabinets, add new countertops, replace the faucet, add a stainless steel kitchen island, and accessorize to give the kitchen an updated, fresh look. What are your best ideas for remodeling a kitchen on a tight budget?

via styledstagedsold.blogs.realtor.org

Bob Abner (Huff Realty) is a well-respected, top Realtor in the Northern Kentucky/Greater Cincinnati real estate market with vast experience in the real estate industry. For Northern Kentucky Real Estate Listings and Home buying and selling Information visit: http://www.BobAbner.com