Does a Kitchen Renovation Add Value?
When it comes to kitchen renovations, cabinetry can cost, on average, $15,000 and benchtops can cost $6,000 but the costs can vary depending on style, materials and size. Does a kitchen renovation add value? Yes! But while the cost might seem high, it is small compared to the return you get from your investment in terms of your home's overall value. If you put effort into transforming your kitchen, you're sure to see a high ROI when it comes to your home's value, whether you're buying or selling the property. If you're trying to strategically increase your home value without overcapitalising, you need to be strategic in how you spend your budget. A good rule of thumb is not to spend more than 15% of your home's value. This is where you need to be careful about how you allocate funds for each part of the renovation project. Anything that Read More