Tackling any kind of home improvement project is daunting, and installing granite countertops or energy-efficient appliances might seem like a luxury—but kitchen remodeling is actually an incredibly smart investment. If you want to enhance your living space and increase the value of your home at the same time, turn to New Leaf Remodeling in Rockford, IL, for help renovating your kitchen. Here, they go into more detail about why it’s a sound investment.
Understanding the Financials Behind Kitchen Remodeling
What Adds Value?
Both minor and major home improvement projects can add value to a home, but major kitchen remodeling projects will take longer to achieve a sizable return. With an average return of 60% – 80% and an investment of at least $20,000, you certainly want a professional.
Minor projects that add value include updating the countertops and redoing the flooring. Major projects might include replacing all the appliances, changing the countertops, installing new cabinets, and changing the footprint.
How Can You Cover the Costs?
You have several options when it comes to covering the costs of a kitchen remodel. If you have enough in liquid savings, simply paying cash is a great idea. You may also consider refinancing your home or borrowing against any current equity you have accumulated.
Regardless of how you opt to pay for the project, it’s essential you make changes that will add value and appeal to potential buyers if you plan on selling the house in the next few years. For example, using a neutral color scheme will make your home more appealing to a wider pool of applicable buyers.
Can You DIY a Kitchen Remodel?
Kitchen remodeling involves many different skills, from carpentry to plumbing and electrical. Because of its complexity, redoing the kitchen is one of the hardest jobs to tackle alone. When you partner with New Leaf Remodeling, they’ll take care of everything for you, so you can focus on your day-to-day responsibilities. Their expert design consultant will help you choose key features, like the flooring, backsplash, and countertops, and they’ll also work with you to pick out fine details, like the grout color and cabinet hardware. After years of experience, they can help you decide on the best materials to suit your lifestyle and budget.
By working with a professional contractor, you’ll also gain insight into tried-and-true kitchen layouts and how to make your footprint more efficient. For example, they may suggest moving the sink to create a better work triangle, or knocking out a wall to open up your space. They’ll also apply for all the necessary permits, order the materials, and coordinate installations seamlessly. New Leaf Remodeling offers warranties for their work, and all their contractors are fully licensed and highly skilled.
The kitchen is one of the most important rooms in your home—with a professional renovation, you’ll be able to make the most of it. If you want to undertake a kitchen remodeling project to increase the value of your home, the knowledgeable team at New Leaf Remodeling in Rockford, IL, will help. You can learn more about the home renovation services they provide by visiting their website. To start designing your dream kitchen today, call (815) 904-6006.