When planning and budgeting for a kitchen renovation we are often asked not only about the cost of the renovation but what value will it add to my home. The answer is as diversified as the type of homes and value of homes in a city. We will use Coppell Texas for our example as it sits in the middle of the Dallas – Ft. Worth metro area. Coppell is an average small-town metro area and should give us some median insight into kitchen renovation cost and ROI. Coppell has a population of over 40,000 with a median household income near $120,000. The average value of a house or condo in Coppell is over $390,000.
Typically, kitchen renovations fall into the category of small, moderate to complete renovation. Sometimes it calls for replacing the cabinets, refacing them or just refinishing them. Add moving a wall to replacing the cabinets and you are in the complete renovation stage.
Small Kitchen Renovation.
For $10,000 to $15,000 you might update your kitchen with new counter tops, back splash and paint your cabinets. Or maybe you just go with new appliances if your counter tops are okay and paint your cabinets yourself and add some new hardware. Another option would be to reface your cabinets, paint the walls, new back splash and a new sink. With a small kitchen renovation of this nature you could possibly increase the value of your home up to 85% of what you spent.
Moderate Kitchen Renovation
For $20,000 to $30,000 you might install new custom cabinets, back splash, granite counter tops and a new sink. Or you might install new hardwood floors, reface your kitchen cabinets with new hardware and paint the walls. Another option would be to replace some appliances and do a couple of the other items to fit into this budget. A moderate kitchen renovation could increase your home’s value up 75% of what you spent.
High-end Kitchen Renovation
For $40,000 and up you can get creative and really make some nice high-end changes to your kitchen area. You can get those new appliances you want and granite counter tops with new tile or hard wood flooring. On a high-end budget you can start making your dreams become reality. High-end remodels when planned correctly can increase your home’s value by 75% or more of what you spent.
For a free design consulting and to answer questions about your home, call us at Miland Home Construction today at 817-280-9258. You can also visit our Kitchen Renovation Gallery here.
If you're like many Texas homeowners, you might have worn, decades-old laminate or retro-colored tile counter tops. If you dream of replacing your kitchen in Coppell with a higher-end stone, or a warm wood or seamless solid surface, then Miland can make your dream come true!
MORE ON COUNTER TOPSWhether you are in need of custom cabinets for a new kitchen installation, replacement cabinet doors for a refacing job, or you need to match existing doors for an historical restoration; Miland is equipped with the machinery, the knowledge and the experience to quickly supply what you need exactly to your desire.
MORE ON CABINETSInformation on different types of flooring, window and door hardware, tile vendors, types of glass, shower glass selections, appliances. Also information on plumbing and fixtures, ceiling fans and lighting.
MORE ON OTHER PRODUCTSAt Miland Home Construction we guarantee customer satisfaction. Our professionally train crews do the job right the first time. Many homeowners in Coppell, Tx recommend us from everything from Hardie Siding, window replacement to kitchen and bathroom remodeling.
Our project managers and office staff stay in communication with the homeowners throughout the project making sure expectations and job progress are clear.
Whether it is exterior remodeling or interior remodeling you need, give Miland Home Construction a call for a free estimate. 817-280-9258.
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