One of the biggest questions people have about house remodeling is “Will it pay off?”. When you spend money on a house remodel, be it a kitchen or bath remodel or addition you want to know you are increasing the value of your property. Remodeling has released the 2017 Pacific regional cost versus value for remodeling and the news is good; very good.
Kitchen Remodeling
The average cost of a major kitchen remodel in the Pacific region is $69,723 with a recoup estimate of $52,377. That means you realize of a gain of 75% of the amount of the remodel. That is higher than 2016. It means 2017 is a great time for house remodeling if you want to maximize your return on investment.
Inspired Remodels can turn your current kitchen into your dream kitchen with custom cabinets, new finishes, and improved lighting. If you plan on staying in your home, you’ll have years of enjoyable cooking and entertaining and know you’ve added 75% value of the cost.
If you plan on selling your home or aren’t ready for a major remodel, the news is even better. A minor remodel is $23,695 and returns $22,711 in value. That means you recoup almost 96% of the cost. Buyers look for fresh kitchens and a minor kitchen remodel just might be what gets your home noticed and sold quickly.
Bathroom Remodeling
Bathroom remodeling is also estimated to add 75 cents of value for each dollar spent. A bathroom remodel in the Pacific region is estimated at $21,635 and adds $16,206 in value. While that is down from 2016, it is still a great return on the investment.
Don’t overlook the bathroom when remodeling the house. A good bathroom is functional. A great bathroom is comfortable. An awesome bathroom is functional, comfortable, and your own personal in-home spa.
Maximum Return from House Remodeling
The 2017 house remodeling projects with the greatest return for the Pacific region are entry door replacements and the addition of attic insulation. Attic insulation only run $1,406 but returns $1,726 in value. That’s a 122.8% return and while it is down from 2016 it is still great. In addition, both attic insulation and new entry doors can make your home more energy efficient.
Speaking of entry doors, the house remodeling project with the 2nd greatest return in value is replacing your entry doors. The cost is $1,516 and the value added is $1,535. It is a quick remodeling job and not only increases your home’s value it increases curb appeal. It might be just the ticket if you plan on selling in 2017.
Home Remodeling Experts
If you’re thinking of home remodeling in 2017, contact the experts at Inspired Remodels. Inspired Remodels is a complete house remodeling contracting company. They will work with you to create a design that incorporates your dreams and stays in your budget. Whether you want new entry doors or a major kitchen remodel, call Inspired Remodels at (949) 716-1938.
custom cabinets add value