Remodeling Is An Investment
 
Designing your new kitchen will add substantial value to your home. One of the most important elements to determine when beginning your project is your budget. Communicating this to your designer allows them to quickly determine the appropriate products for your project. Creations by Quality has cabinetry that will fit into practically any budget. This worksheet will help you to arrive at a project estimate.
 
   
 
Remodeling isn't cheap, and getting something back for the money spent is often a client concern. When planning your project, keep in mind that the cost of installing a new kitchen can be recovered when the home is sold - it's an investment in your home's equity. After 10 years, a new car may be worth very little, but a kitchen is often worth much more than the original investment.

Real estate agents and appraisers see the return value of the upscale project (80% vs. 67% for the mid-range price point) as greater. That's because upscale features are now almost a requirement in upper-tier homes. The price difference in specing granite vs. other types of materials for countertops, for example, may be $5,000, but it can make a $20,000 difference in the asking price, because of the perception about the quality of the home.
 
 
 
  Kitchen Survey
  Manufacturer Site Links
     
1. Home Value (Ex: $200000) Start here $
2.   To determine a total kitchen remodeling budget choose a percentage of your home value.
 
    15% = $30,000
 
3.   Breakdown of remodeling investment.    
    Example: Cabinets 40% $12,000  
      Countertops 9% $2,700  
      Appliances 10% $3,000  
      Lighting/Electrical 10% $3,000  
      Wall Covering 3% $900  
      Floor Covering 8% $2,400  
      Labor (including plumbing) 20% $6,000  
      Total:   $30,000  
 

Does It Pay To Remodel?
Mid-range Kitchen Remodel Figures
What would this buy?

Upscale Kitchen Remodel Figures
What would this buy?
 
  National Association of the Remodeling Industry National Kitchen & Bath Association  
Home l Contact l Email l Corporate l Site Map
Copyright © 2003 Creations By Quality
A Division Of Jerry K Lewis and Associates