Phoenix Kitchen Remodeling ROI – Part 3
This blog post is the third of a 4-part series that will describe how to increase your ROI with Phoenix kitchen remodeling.
Determine Project Scope
The cost of Phoenix kitchen remodeling should be in line with the home’s value. You want to be sure your kitchen remodel does not bump your home value over the norm for your local real estate market. If it does, your ROI will suffer. One rule of thumb is to keep kitchen remodels within 15% of home value.
Homeowners have many choices when it comes to remodeling their kitchens. Your ROI depends on the scope of your project. For example, are you replacing your appliances, like your refrigerator, oven and dishwasher? If current appliances are outdated or in need of repair, you’ll need to replace them to improve your home’s value.
New appliances will add to your budget. But, ROI factors in here if you’re selling your home in the near future. Buyers want quality appliances and look for homes “live-in” ready.
For more information about hiring a Phoenix home contactor, contact Republic West.