Homeowners spend more money on kitchen remodeling than on any other home improvement project. And with good reason: Kitchens are the hub of home life and a source of pride, according to houselogic.
A significant portion of kitchen remodeling costs may be recovered by the value the project brings to your home. A complete kitchen renovation with a national median cost, recovers about 62% of the initial project cost at the home’s resale, according to the “Remodeling Impact Report” from the National Association of REALTORS®.
The project gets a big thumbs-up from homeowners, too. Those polled in the “Report” gave their new kitchen a Joy Score of 10 (out of 10!), a rating based on those who said they were happy or satisfied with their remodeling, with 10 being the highest rating and 1 the lowest.