The kitchen is often considered the heart of a home. Since it is very important, it is understandable why the kitchen is often the most expensive home improvement project. According to national survey report from the National Association of Realtors “2015 Remodeling Impact Report”, the data shows that a complete kitchen remodel of $60,000 (national median cost), will allow the homeowner to recapture approximately 67% of the project cost in the home’s resale. This is great news for homeowners looking for validation in spending the necessary money in making the right choices in updating their kitchen.
The report also showed that homeowners are more happy with their homes after they remodel their kitchen. According to the results, homeowners gave their home a happiness score of 9.8 after the kitchen remodel on a scale based from 1 – 10, with 10 being the highest happiness score and 1 being the lowest. [Read more…]