Kitchen Remodel or Bathroom Renovation Yield Best ROI

Kitchens and Baths Top The List For Renovations That Yield Best Return On Investment

According to USNews.com

Kitchens. Although a kitchen remodel returns only 66 percent, on average, Chris Dossman, a real estate agent with Century 21 Scheetz in Indianapolis, says kitchens are one of the first things homebuyers look at. "If you have a house that doesn't have an updated kitchen but you have a remodeled attic, that's not what people are looking for," she says.
A major kitchen redesign may not be a good decision if the space only requires a facelift. "You don't have to completely gut your kitchen if it's in good working shape," says Adam Taffel, a real estate broker with Centre Realty Group in Newton, Mass. In many cases, less-drastic updates like refinishing surfaces, upgrading appliances, and installing new light fixtures will cut it.
But making the mistake of opting for a facelift when the space does, in fact, need a full-scale remodel will cost you. "You need to ask yourself questions like, 'Are the cabinets structurally sound enough that if I spend a significant amount of money refacing them, are they going to just fall apart anyway?'" says Darius Baker, a contractor with D&J Kitchen & Baths, Inc. in Sacramento, Calif.

Baths. Investing in a bathroom remodel yields a 62 percent return, on average, but you've got to do it right. Many homebuyers are looking for a master bathroom with two sinks, custom showers, and great lighting. You'll turn off buyers if you only put in the minimal amount of work. "A lot of folks, when they buy a home, don't want to have put a lot of work into it," says agent Wyman. "An outdated bathroom requires a lot of work." Since bathrooms are especially prone to looking dated, pick neutral colors and finishings.
Also consider bumping out the size of a bathroom. Many buyers looking for a three-bedroom home want two full baths rather than one full and one half bath, says bath contractor Baker.

And sometimes less is more. "Giving it new paint, a new toilet, a new shower faucet, and a new [shower]head is probably the best bang for your buck. But that's assuming the flooring is nice and the walls around the tub and shower are in good standing condition," says contractor Dennis Gehman of Gehman Design Remodeling in Harleysville, Penn.



Any Day is a good day schedule your free kitchen/bath consultation with Performance Plumbing!

----Click HERE----