Gladys Norris. Kitchen Ideas. July 14th , 2018.
In interviewing remodelers, ask tough questions and demand great answers. As you do, maintain in mind these tips for locating your own best remodeler - the 1 with the kitchen remodeling expertise, financial and manpower resources, and also the solid business practices to get your job done right.
There are several places online you can go to help you establish a basic budget number to start with. My personal recommendation is Remodeling Magazine's Cost vs. Value Report which is released by region and major city each year. The really nice thing about this report is that it gives a description of the "average" project so that you can gauge if your kitchen remodel is going to fall above or below the benchmark. I also find their average pricing to be an accurate reflection of the pricing for our company, so by recommending to clients before I even meet with them that they investigate this report they are more likely to establish a realistic budget we can work within to give them a fantastic kitchen.
Limit spending on the kitchen remodeling to about 15 - 20 percent of your home's value. According to the National Association of Home Builders, updating and remodeling your kitchen will add more value than any other improvement. Even if you plan on moving at some point after the remodel, don't forget that kitchen projects add more value to your home than any other improvement.
Factor 1 Home Value- Consider not only what you think your home is worth, but also the value of similar homes in your neighborhood that already have updates. My favorite website to check home values is zillow.com, simply enter your address and you get an interactive map with home values and other information listed right on the map. Take note of which homes are of similar size to yours, have been purchased more recently, but have a higher value, then peek in their windows to see what the house looks like. Ok, seriously, I was only kidding. If you don't know them perhaps it's time to meet the neighbors and ask for a quick tour.
A real estate agent can be a good resource when considering how extensive a kitchen remodeling project to undertake. Even if you are not considering moving, but rather want to remodel for your own satisfaction, Real Estate Agents are usually quite aware of how much previous clients have spent on remodeling and how much the value of the home increased as a result, and how much would be too much. In the past, "home remodeling" simply meant repair jobs, but modern trends and increased home improvement options have fueled a demand for homes that are customized to individual needs.
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