Written By The Simply Homes Team | September 22, 2022 | 4 minute read
If you’re unhappy with the layout or design of your current kitchen, you may find yourself weighing the cost to redo kitchen features against the value of your home. A kitchen remodel is a large project, and you should take the time to consider if it’s worthwhile. After all, it may be easier and less stressful to move into a house that already has the perfect kitchen.
On the other hand, remodeling lets you create a kitchen workspace that is uniquely yours. Here’s an overview of the primary expenses in a kitchen remodel and three reasons to consider selling your home for cash.
Your cost to redo a kitchen depends on several factors, and no two remodels will be the same. Even between two kitchens of the same size, the total cost may vary due to material choice, labor costs, and budget constraints.
Kitchen cabinets take up most of the visual space in your kitchen. The right cabinets will make a lasting impact, but remember to budget for them in your remodel.
Should you choose stock, semi-custom, or custom cabinets? Stock and semi-custom kitchen cabinets often cost less than $200 per linear foot, while custom cabinet installation may demand $500 or more per linear foot. Because of this, most homeowners lean toward stock or semi-custom options. Custom cabinets are a good choice if you’ve settled on a unique design or need cabinets of varying sizes.
Heavy materials like solid wood and stainless steel are premium kitchen cabinet offerings. These options can inflate your cost to redo kitchen features by $20,000 or more. Remodeling contractors often recommend wood veneer or laminate for homeowners hoping to spend less than $10,000 on their cabinets.
Kitchen flooring must stand up to heavy traffic and be easy to clean, so carpet is a no-go! Fortunately, uncarpeted floors are available at a range of price points to fit any budget.
Vinyl, laminate, and ceramic tile flooring are low-cost options that can be found for less than $10 per square foot. These materials are lightweight and will come with lower labor costs if you hire an installer. Hardwood is a good mid-range option that can be had for less than $10 per square foot. High-end options like marble tile may cost over $20 per square foot.
Countertops are vital in designing your kitchen. The right countertop color may accent your cabinet color scheme or create an eye-catching contrast.
Like flooring, countertops are priced by the square foot. Natural stone countertops like quartz, marble, and granite have unmatched durability and aesthetics. However, these materials may easily run more than $100 per square foot. Butcherblock and wood laminate countertops can bring costs below $50 per square foot while providing excellent water resistance and longevity.
Lighting installations offer a unique opportunity during a kitchen remodel. Adding lights in the right places is both a decorative and functional upgrade.
Under-cabinet lighting is a popular option that makes working in your kitchen safer without taking up space. Expect to pay $1,000 - $2,000 for a complete under-cabinet lighting setup.
For your primary kitchen lighting solution, you have options such as recessed lighting or pendant lighting. The average pendant lighting fixture costs between $300 and $400, as does a single recessed LED lighting fixture. The difference is that most kitchens will require multiple recessed LEDs for adequate lighting.
Remodeling your kitchen might not be a good investment if you plan to sell. According to Ramsey Solutions, “How much you can typically recoup on a renovation has a lot to do with how much you spend and what kind of renovations you choose. For example, the national average ROI for a major upscale kitchen remodel is almost 54%. That means you recoup about $68,000 after spending around $126,000.”
In a traditional real estate sale, remodeling may be required if your kitchen needs major repairs or upgrades. The kitchen is one of the biggest selling points of any house, and traditional buyers want to see a market-ready home.
Instant cash buyers make the home selling process easier for everyone. Here are some of the benefits you’ll enjoy when you sell to Simply Homes:
Repairs and remodels can be a significant financial barrier for homeowners looking to sell quickly. A Simply Homes local expert will schedule a quick walkthrough to assess the condition of your home. We factor any necessary repairs into our offer so you can sell your home as-is—all without real estate fees or other hidden costs.
Recent sales of comparable houses provide essential metrics to determine the true value of your house. Simply uses the latest market data to provide the best possible cash offer for your home. Close as quickly as seven days from accepting your offer and move on your schedule.
Your kitchen is the heart of your home. Every homeowner deserves a kitchen they love whether they choose to remodel or relocate. If moving seems like the best path to the kitchen of your dreams, request an offer from Simply to sell your old home quickly and easily!
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