For those of you that have been considering an update for your home but aren’t sure which areas will give you the best return, here’s an idea: start with the kitchen. Some of the highest recoups are occurring in Washington DC kitchen remodeling.
In a 2009/10 survey conducted by Remodeling magazine, results showed that a major kitchen remodeling project in Washington DC would repay between 64% and 74% of the total investment. That’s higher than a garage or deck addition and even slightly more than a bathroom remodel.
As for the Washington DC area, where returns for kitchen remodeling are higher than the national average, the major differences came down to the complexity and scale of the project.
Typically, homeowners elect for midrange or upscale jobs coordinated through an experienced kitchen remodeling contractor. Here’s how these jobs compare for Washington DC kitchen remodeling:
* Midrange Major Kitchen Remodel [Cost – $53,900; Return – 74.6%]
Includes: updated layout with semi-custom wood cabinets, 3’ x 5’ island, laminate countertops, standard double-tub stainless-steel sink, energy-efficient wall oven, cooktop, ventilation system, built-in microwave, dishwasher, garbage disposal, custom lighting, resilient flooring, painted walls, trim and ceiling.
* Upscale Major Kitchen Remodel [Cost – $107,430; Return – 64.9%]
Includes: custom cherry cabinets with built-in sliding shelves and interior accessories, stone countertops with imported ceramic or glass tile backsplash, built-in refrigerator, cooktop, commercial grade range and vent hood, built-in warming drawer, trash compactor, built-in combination microwave and convection oven, high-end undermount sink with designer faucets and built-in water filtration system, general and task lighting including low-voltage under-cabinet lighting, cork flooring, and cherry trim.
As you can see, the cost for upscale Washington DC kitchen remodeling is nearly twice as much as that of a midrange project, when comparing major kitchen remodeling. Of course, the number of features and quality of materials vary greatly.
If you’re not in the market for either of these categories, you might fare better with a project that covers just the basics. A midrange, minor kitchen remodeling job in Washington DC can save you nearly $90K compared to an upscale remodel and offers the highest return of all three.
The cost for midrange minor kitchen remodeling in Washington DC is a more affordable $20,504 with a 77.7% return. Here’s what you can expect to get for your money:
- New cabinetry – Leave cabinet boxes in place but replace fronts with new raised-panel wood doors and drawers
- Energy-efficient wall oven and cooktop
- New laminate countertops – Replace old laminate surfaces
- Mid-priced sink and faucet
- New paint for trim
- New wall covering
- Removal and replacement of resilient flooring
Need help determining which type of project will accommodate your personal taste and budget? Contact a Washington DC kitchen remodeling expert that can assist you with planning and executing a financially savvy renovation program.