Why Minor Kitchen Remodels Can Pay Off More Than Major Ones - Tasting Table
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Why Minor Kitchen Remodels Can Pay Off More Than Major Ones - Tasting Table
"Joy Aumann, a licensed realtor, interior designer, and founder of Luxury SoCal Realty, told us why in an exclusive interview with Tasting Table. Smaller, well-chosen updates can often give a better return than a major renovation ... Bigger renovations can push the price of a home past what buyers are willing to pay in that neighborhood, which hurts your ROI [return on investment] in the end."
"According to Aumann, minor remodels involve simple projects. As she explains, these projects may include, ... updating cabinet fronts, installing quartz or granite countertops, replacing old lighting, and swapping out hardware. On the other hand, major remodels would involve, as Aumann points out, [moving] plumbing, [changing] layouts, or [using] luxury finishes [which] can cost several hundred thousand dollars. Additionally, she adds, While the results can be beautiful, the resale market in many neighborhoods often cannot support that kind of spending."
Minor, affordable kitchen remodels often produce higher return on investment than major renovations because modest updates typically align with neighborhood price expectations. Minor remodels include updating cabinet fronts, installing quartz or granite countertops, replacing old lighting, and swapping out hardware. Major remodels include moving plumbing, changing layouts, and adding luxury finishes, which can cost several hundred thousand dollars and exceed what buyers will pay in many neighborhoods. Homeowners prioritizing resale should choose modest, strategic improvements that modernize and improve functionality and time projects when local demand is high. Major overhauls may be worthwhile for owners not planning to sell.
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