Kitchen Remodels – Return on Investment

November 8, 2022

Have you thought about upgrading/remodeling your kitchen but are wondering if it’s worth it? In general, you will not recoup the full cost of your kitchen remodel, so ideally you’re getting your own enjoyment/use from the remodel before having to sell. According to the Remodeling 2022 Cost vs. Value Report, your recoup value will be highest for a minor vs. major kitchen remodel. Read on for the breakdown…

Minor Kitchen Remodel – Midrange

Average Cost Recouped | Portland 78.9% | Pacific 77.9% | National 71.2%

In functional but dated 200-square-foot kitchen with 30 linear feet of cabinetry and countertops, leave cabinet boxes in place but replace fronts with new shaker-style wood panels and drawer fronts, including new hardware. Replace cooktop/oven range and slide-in refrigerator with new energy-efficient models. Replace laminate countertops; install midpriced sink and faucet. Add new resilient flooring. Finish with painted walls, trim, and ceiling.

Cost vs. Value Report

Major Kitchen Remodel – Midrange

Average Cost Recouped | Portland 56.3% | Pacific 64.2% | National 56.1

Update outmoded 200-square-foot kitchen with functional layout of 30 linear feet of semi-custom wood cabinets, including 3×5-foot island; laminate countertops; and standard double-tub stainless steel sink with standard single-lever faucet. Include energy efficient range, vented range hood, built-in microwave, dishwasher, garbage disposal, and custom lighting. Add new resilient flooring. Finish with painted walls, trim, and ceiling.

Cost vs. Value Report

Major Kitchen Remodel -Upscale

Average Cost Recouped | Portland 51.4% | Pacific 59.3% | National 52.5%

Update outmoded 200-square-foot kitchen with 30 linear feet of top-of-the-line custom white cabinets with built-in sliding shelves and other interior accessories. Include stone countertops with imported ceramic- or glass-tile backsplash; built-in refrigerator, commercial-grade cooktop and vent hood, wall oven, and built-in microwave unit. Install high-end undermount sink with designer faucets and water filtration system. Add new general and task lighting, including low-voltage undercabinet lights. Install tile or similar flooring that looks like wood.

Cost vs. Value Report

© 2022 Zonda Media, a Delaware Corporation. Complete data from the Remodeling 2021 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.

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