Home Improvement Projects That Will Give You The Best ROI

As realtors, one of the questions we get asked the most is which home improvement projects will give you the best return on your investment.  While every improvement is going to give you a different ROI, there are updates that will give you more bang for your buck when you go to sell. Below are 3 different kitchen remodels at 3 drastically different price points that all have different cost recuperation.

Kitchen Remodels

Minor Kitchen Remodel – Midrange

Cost based on a 200 sf kitchen with 30 linear feet of cabinets and counters

Project Details:

• Replace cabinet fronts as well as drawer fronts with new shaker-style wood panels and replace hardware
• Replace laminate counters
• Install mid-priced skin and faucet
• Replace cooktop/oven range as well as refrigerator with new, energy efficient models
• Add new resilient flooring
• Fresh paint on walls, ceiling as well as trim.

San Antonio                                                    National

Job Cost: $20,727                                         Job Cost: $22,507

Resale Value: $12,929                                  Resale Value: $18,123

Cost Recouped: 62.4%                                 Cost Recouped: 80.5%

Major Kitchen Remodel – Midrange

Cost based on a 200 sf kitchen with 30 linear feet of cabinets and counters

Project Details:

• Update kitchen with a functional layout of semi-custom wood cabinets, including 3×5 island
• Replace laminate counters
• Replace current sink with double-tub stainless steel sink as well as standard single-lever faucet
• Add energy efficient range, vented range hood , built-in microwave, dishwasher, garbage disposal as well as custom lighting
• Add new resilient flooring
• Fresh paint on walls, ceiling as well as trim.

San Antonio                                                    National

Job Cost: $20,727                                         Job Cost: $22,507

Resale Value: $12,929                                  Resale Value: $18,123

Cost Recouped: 62.4%                                 Cost Recouped: 80.5%

Major Kitchen Remodel – Upscale

Cost based on a 200 sf kitchen with 30 linear feet of cabinets and counters

Project Details:

• Update kitchen with top-of-the-line custom white cabinets that include built-in sliding shelves as well as other interior accessories
• Add stone countertops and imported backsplash such as ceramic or glass-tile.
• Add built in refrigerator, commercial-grade cooktop as well as vent hood, wall oven and built in microwave
• Install high-end undermount sink with designer faucets including water filtration system
• Add general and task lighting, including low voltage under cabinet lights
• Install tile or similar flooring that looks like wood

Job Cost: $122,525

Resale Value: $52,626

Cost Recouped: 43.0%