What is considered a kitchen remodel?
Correspondingly, what is considered an updated kitchen?
A minor kitchen upgrade doesn't have a concrete definition, but it typically entails large surface areas for the most visual appeal during an open house. In general, you'll have cabinetry doors replaced or refinished, along with new countertops and appliances.
Beside above, are kitchen remodels worth it? An average kitchen remodel will pay off more than a high-end renovation. According to Remodeling magazine's Cost Vs. Value Report, a midrange kitchen remodel costs $63,829 and homeowners recoup $37,637, which is 59 percent. An upscale kitchen remodel costs $125,721, with a 53.5 percent ROI.
Considering this, what is the average return on a kitchen remodel?
What is considered a major remodel?
Major renovation means any renovation, alteration or remodeling of an existing building or structure, or portion thereof, residential or non-residential, that requires or receives a building permit.