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When Doing Kitchen Remodeling Evaluate the Return

Joseph Coupal - Wednesday, October 24, 2012

Kitchens are still the heart of the home. It's is where we cook and eat, where friends and family gather, and where children do homework. It's good news that kitchen remodels can retain a significant portion of their value.

Before you begin a kitchen remodeling project, it's imperative to select the correct level of remodeling for what you need now, with an eye on your home's future resale value. Critical factors to assess include the overall budget, how long you expect to stay in your home and what type of kitchens are in other houses in your neighborhood.
 
Midrange minor kitchen remodels or "cosmetic" changes -- new countertops, new cabinet fronts, a few new appliances, light fixtures and hardware -- have an average national cost of $20,000 and get 72% percent return on investment.

Midrange major remodels, which include all new appliances, cabinets, countertops, flooring and lighting, have an average cost of $58,000 and a 66% return. High-end renovations, which can include structural work or relocating to another area in the home, installing larger windows and replacing all kitchen components, can easily cost $100,000 or more. With a more extensive and expensive renovation, returns fall to the 50% to 60% range.
 
Tips in planning your remodel:

Assess your needs and wants. How do you use your kitchen? How many cooks are there? How many daily meals do you cook? What kind of appliances and equipment do you need? Do you eat there? What other activities occur in the kitchen? What are the storage requirements? Is there plenty of natural lighting? Do you want to display any kitchen items?

List all items you would like to replace and establish priorities.

  • Develop an initial itemized budget.
  • Research the latest in kitchen design on the Internet, blogs, decorating magazines and even local show houses or model homes.
  • Organize your inspirations and thoughts.
  • Finalize budget and determine the extent of the renovation.

 Ways to maximize your budget

Cabinetry: Most people today are drawn to a sleeker kitchen, which means flat-panel doors such as Shaker-style. Cabinet refacing and refinishing cuts down on costs and remodeling time significantly.

Countertops: Stone countertops are most attractive to prospective buyers. Quartz, such as Silestone or Caesarstone, is a cost-effective material that adds a great look yet has easy maintenance properties. Granite countertops remain another popular choice, with level 1 being the least expensive.

Appliances: If you are a serious cook, it will be worthwhile to invest in nicer-grade appliances.

Flooring: Prefinished hardwood floors, porcelain tile or natural stone remain popular selections. These floors attract prospective buyers.

Backsplash tile: There are wonderful glass and/or stone mosaics on the market that are affordable and eye catching. Stay away from decorative accent pieces that are priced per single piece. Subway tile, a classic with enduring appeal, provides a crisp look.

For more information, contact Cabinetry by Kenneth C. Lewis.

Mercury News

Kitchen Cabinet Ideas

Joseph Coupal - Wednesday, August 29, 2012

Roger Hazard, designer and producer of A&E network's “Sell This House”,  has designed a kitchen with cabinets colored lavender and eggplant. In fact, the used green cabinets in his own Texas kitchen.

The kitchen with the purple tones is “a piece of jewelry custom designed just for the homeowner,” he said. “It feels happy.”

But he also understands you might want a more neutral choice for your kitchen cabinets, and recommends you consider gray.

“Gray will mix with any color and will work with any flooring,” he said. “Brown is very color specific.”

The color gray gets votes from other designers as well.  Many designers note that gray is almost a water color, and say that ocean-inspired shades of blue and green are very popular.

Here are more trends noticed by Hazard:

  • People thought that bigger was better, but a really large kitchen is almost like going to the gym. It's more interesting to look at less space, and it can function better.
  • Today's kitchen should be comfortable so people can sit and talk to the cook.

For information and kitchen ideas in Massachusetts, contact Kenneth C Lewis Cabinetry.

Excerpts from Daily Herald

Beginning a Kitchen Remodeling Project

Joseph Coupal - Wednesday, May 16, 2012

Now is an excellent time to remodel your kitchen.  With summer about to start, the economy starting to pick up, now is the perfect time to start planning the kitchen project.  Kitchens are one of the most used spaces in the home, the “heart of the home”; used for homework, dinner parties, and coffee breaks.  How we use them plays a role in how we update them.

Before you begin your kitchen remodel project, ask yourself some questions:

  • What do you want from the kitchen remodeling project? What is your budget in both time and money?
  • To determine the scope of work think about the following:
  • How many people work in the kitchen regularly?
  • What condition are your cabinets in behind the old paint or ugly knobs and pulls?
  • What is your cooking style?
  • Who uses the kitchen and what do they do there?
  • How important is easy cleanup?
  • If you could splurge on one luxury, what would it be?
Don’t forget that you have options when it comes to cabinets. If you don’t need an entirely new kitchen layout, you may not need new kitchen cabinets. Cabinet refacing and refinishing are the perfect option for you. This dramatically cuts down on both the time you spend on the remodel and the amount of money you spend on the remodel.

When deciding to begin the project, remember that your home is still your biggest investment.  And you want to have the highest return possible on that investment, especially if are selling sometime in the near future.
 
Fortunately a kitchen remodeling project is something that recaptures nearly 100% return if you stay within the maximum 15% of the home's current market value.  

The entire kitchen project (including cabinets, appliances, countertops, flooring, lighting) should cost no less than 5% and no more than 15% of the current value of your home with approximately 50% of the total cost allocated for kitchen cabinets if you are buying new.

If you go through this exercise and determine that you either don’t have a large budget, or you don’t need to redesign the layout of the kitchen, contact Cabinetry by Kenneth C. Lewis.

Excerpts from The Baynet


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