Kitchen Remodel ROI: How to Get 200% Return On Investment?
Sun Valley, CA (Jun. 6, 2005) - The kitchen, the main gathering place in many homes, is also one of the strongest determining factors when selling or looking for a new place to live. A kitchen is the centerpiece of the home. This is where family members not only gather for meals, but also settle to finish homework, pay bills, and entertain guests. As a result, kitchen remodels continue to rise in popularity and necessity.
According to the National Association of the Remodeling Industry, kitchens rank near the top in popularity to remodel and in money spent to do all of the necessary work. Fortunately, they also provide one of the largest paybacks on investment. Modern Home Improvements Inc. reports that homeowners spending around $7,000 can see a return of as much as 200 percent of their renovation dollar back at resale. In short, kitchens sell homes.
While many homeowners rush to make improvements to the kitchen when they are getting ready to sell, experts agree that the best time to remodel is actually when planning on staying in the home for the next several years. This gives homeowners time to enjoy the finished project, while still significantly increasing the value of the home for resale.
Overall, there are three major factors to consider when deciding whether or not to make an improvement to the kitchen:
- Personal Benefits - Remodeling the kitchen can be a major disruption to homeowners. Dust, noise, and living without a kitchen can be difficult adjustment while the remodel is taking place.
- Savings - Homeowners should research the amount of money that will go into the desired kitchen-remodeling project, from new appliances to the quality of materials used for cabinets and countertops. Having a budget and sticking to it will ensure that extravagant bills won't haunt the enjoyment of a new kitchen.
- Resale Value - To ensure the greatest return on a remodel investment keep future homebuyers in mind. Though bright orange laminate countertops might be appealing to some, it could be the deciding factor in someone NOT wanting to purchase the home.
Don't have the budget for a complete kitchen remodel? Just changing the cabinets and countertops will add value to the home and give the kitchen a completely different look. The diverse variety of different cabinet finishes provides a multitude of options for style and convenience. It is not necessary to replace cabinets in order to give them a new look; there are a number of different ways to reface them for less money. Anything from a coat of paint or varnish to changing the knobs on the doors can give the cabinets a new life. Also consider cabinet lighting, another popular feature making its way into kitchens around the country.
The choice of countertop material can also ultimately determine the resale value that the kitchen remodel brings to the home. Some of the most popular choices for countertops include laminates, solid surfaces, granite, and quartz. Laminate countertops are easy to maintain, durable and inexpensive, but can also be difficult to repair once scratched or chipped. Solid surfaces are stain-resistant yet vulnerable to hot pans and stains, which can damage the surface. Granite is a popular countertop material of choice; however homeowners need to be aware that it requires maintenance to keep it sealed and looking spectacular. Quartz countertops, such as those produced by CaesarStone, provide an ideal solution with a combination of beauty and minimal maintenance, along with scratch and stain resistance.
Made of up to 93 percent natural quartz and 7 percent polyresin, quartz surfaces such as those manufactured by CaesarStone are quickly becoming the "must have" countertop in homes across the country. Not only are the surfaces resistant to heat, cold, and stains but they can also withstand all of the chips, nicks and scratches that can occur over time. Since the quartz surfaces are non-porous, they are resistant to dangerous mold, mildew and bacteria, making them the countertop of choice for restaurants and hospitals. Once a quartz surface becomes part of a kitchen's interior, it is virtually maintenance free. Never requiring sealing, polishing or sanding to maintain its sparkling finish, quartz surfaces provide the ultimate focal point for a remodeled kitchen.
CaesarStone is the original quartz surface manufacturer. The company is headquartered in Southern California with offices in Los Angeles, CA;, San Francisco, CA, San Diego, CA, Seattle, WA, Miami, FL and New York City. CaesarStone produces premium quartz surfaces, complementing any design application, from traditional to contemporary, for both home and commercial applications. Price range is from $70 to $120 per square foot installed. CaesarStone products are available through kitchen and bath retailers, fabricators, architects, designers, builders and distributors nationwide.
Offering a Lifetime Warranty as of February 15, 2008, their products are stain, scratch and heat resistant. CaesarStone has earned the respected Good Housekeeping Seal from Good Housekeeping Research Institute in addition to ISO 14001 (environmental management system), ISO 9002 (quality management standard) and NSF (public health and safety) certification.
For more information about CaesarStone and its products, please visit the company's website at www.CaesarStoneUS.com, or call toll-free 877-9QUARTZ (877-978-2789).