Kitchen Renovation – Maximizing The Return On Your Investment
According to the National Association of the Remodeling Industry, Americans will spend nearly $295 Billion on Kitchen remodels in the next year…. $295 Billion!! The average kitchen renovation costs between $40,000 and $50,000, so it is no small investment. Most real estate agents agree that when a kitchen is remodeled or renovated for $20,000 or under, the homeowner will see at least a 99% return on their investment… with those kind of statistics, wouldn’t it be nice if you could not only find a way to cut your investment in half, but also feel comfortable that you are going to get 100%+ back when you sell your home?
Now there is a way. Cabinets themselves can account for as much as half the cost of a kitchen remodel. With so many different styles and brands on the market from hundreds of different manufacturers, buying cabinets can be a confusing and overwhelming process. The high priced cabinets are not always the highest quality cabinets.
One of the easiest ways to cut the cost of your cabinets in half without sacrificing the quality or style is to buy RTA Kitchen Cabinets. RTA simply stands for Ready-To-Assemble cabinets. These are nothing like the cheap, particleboard ready-to-assemble furniture. The RTA cabinets that I am referring to come with solid wood face frames and doors, 1/2 inch plywood sides, and interlocking cam lock assembly. With recent improvements in the manufacturing process, the cabinets on the market today are actually a higher quality than the name brand cabinets that are in the big home supply stores.
The nice thing about the cabinets is that you can also increase the savings on your kitchen renovation by installing them yourself. With custom cabinets, or special order cabinets from Lowes or Home Depot, they often require special installation techniques, which creates the added expense of hired labor. The labor alone can account for a third of your renovation budget. As I mentioned before, with an easy assembly process, and solid wood support strips on the back, RTA cabinets are easy for even a novice DIY homeowner to install themselves. By simply locating the studs in the walls, these cabinets can be screwed directly into the support studs for a sturdy, long lasting kitchen.
By buying the right cabinets, and installing them yourself, you can easily keep your kitchen renovation costs under $20,000 and maximize the return on your investment when you decide to put your house on the market
Eric Lachance is the heart of Royal Renovations Ottawa. Eric has more than 25 years of experience in the contracting and remodeling/renovation industry. All of his projects are completed professionally, meticulously and with great pride which is demonstrated by his superior craftsmanship
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