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People say kitchens sell houses. "It’s the center of the home," explains Elle H-Millard, CKD, industry relations manager and resident designer for the National Kitchen & Bath Association (NKBA). "People want to be relaxed in this space. People congregate here, and you want to enjoy this environment."
An average kitchen remodel will pay off more than a high-end renovation. According to Remodeling magazine’s Cost Vs. Value Report, a major kitchen remodel costs $68,490 and homeowners recoup $40,127, which is 58.6 percent. An upscale kitchen remodel costs $135,547, with a 53.9 percent ROI.
The materials you choose make a huge difference in how quickly your home sells—and for how much. The NKBA 2020 Kitchen & Bath Market Outlook reveals that cabinets and faucets are the first to be outdated. With new cabinets come new countertops. Countertops are the second most popular upgrade in a kitchen remodel—only painting is more popular—and homeowners are increasingly favoring trendy quartz options.
If you’re looking for a great excuse to renovate your kitchen, look no further than your health. Renovating a kitchen can help your family eat more home-cooked healthy meals together and give you a fresh space to enjoy. You don’t even need to do a full kitchen renovation to reap the benefits. A new paint color, new cabinets or an island addition are relatively simple changes that can make a big impact on how you connect with your family and friends.