Are you considering a major remodel? Resale value is definitely something to factor in.
While redoing the whole kitchen or bathroom could reap you a big return on investment down the road, this isn’t always the case. If those rooms are already in pretty good shape, a total makeover probably isn’t going to have the return you’re looking for. If resale value is your top priority, I encourage clients to focus on repair-heavy renovations.
Research shows that a major kitchen remodel will return 59% of the investment while a minor remodel returns an average of 81%. That’s because a minor remodel often focuses on repairs, and most buyers are looking for a quality home first.