Since kitchen cabinet refacing is faster than a full kitchen remodel, it offers an immediate boost in home value and a higher return on investment. Modern, move-in-ready kitchens also make a positive impression on potential buyers during home tours, leading to a higher selling price and quicker sale.
Added Home Value and Potential Cost Recoupment
While a full kitchen remodel offers the highest return on investment, cabinet refacing also adds value to your home. The fresh look can make a big impact on potential buyers, helping you recoup some of the costs when it's time to sell.
Cabinet refacing is considered to be less durable than a full replacement, as it does not replace the entire structure of the cabinets. Over time, cabinet frames can become worn or damaged; if that happens, you may need to replace them anyway.
What Color Cabinets Have The Best Resale Value? Light neutrals are generally the best colors for resale because they appeal to the most people. But choosing shades of navy, deep green or even black can work depending on the house's style.
Kitchen Remodel Average ROI
According to a 2023 survey from Remodeling Magazine, a major kitchen renovation or upgrade has an average ROI (return on investment) of 31.7%. That means that for every $100 you spend on your kitchen remodel, you are increasing the resale value of your home by about $37.
Neutral Colors Have the Best Resale Value
The study found that homes with dark gray or light blue-gray exterior colors sold for more than similar homes with other colors. Homes with a creamy bright yellow to a flax yellow or warm yellow with brown undertones sold for $3,408 less compared to homes in other colors.
Below, we discuss the best cabinet color options for a kitchen remodeling project for a beautiful aesthetic that's always on point. Arguably, the most timeless kitchen cabinet color is white. Bright white cabinets suit a variety of beautiful kitchens, including modern, contemporary, and farmhouse styles.
Many homeowners today are saving money by refacing rather than completely replacing their existing kitchen cabinets.
Type of Materials. While you won't need to remove and install new cabinet boxes like you would if you were replacing your cabinets, you will be replacing your old cabinet doors and drawer faces, as well as adding new veneer over the cabinet boxes. The quality of these materials will have a significant impact on price.
Yes, cabinet refacing is worth it if you want to improve the look of your kitchen without spending too much money. Refacing can save you up to 25% – 50% of the cost of replacing cabinets and can be done in a much shorter time frame than fully replacing all cabinets.
The longevity of refaced cabinets depends on various factors, including the quality of materials used, the craftsmanship of the installation, and how well they are maintained. On average, refaced cabinets can last anywhere from 10 to 20 years or even longer with proper care.
Putting off maintenance or neglecting to do it at all can lead to lower property values because they can lead to expensive repairs later. A small leak in the plumbing may not seem like a big deal at first, but over time it can cause structural damage, high water bills, or mold.
From oxblood to navy to warm white, these colors create a luxurious look, and there are plenty of ways to infuse your home with them. You could add a large piece of furniture, like a statement couch.
Beige is emerging as the new go-to neutral, adding warm and inviting tones to interiors. In this article, we'll explore why beige is taking over and how to use it in your home. Beige is replacing gray as a popular interior color, offering warmth and versatility for various design styles.
The classic white kitchen is sometimes criticized for being boring—but it will never go out of style! According to Houzz, 43 percent of renovating homeowners opt for white cabinets.
Many design experts believe the current trend of natural wood is here to stay. Homeowners are looking for warmth and comfort from their kitchens. Oak, wood, and stone delivers that in spades.
A $30,000 budget is usually sufficient for a mid-range kitchen remodel, but the final cost will depend on your specific needs and design goals.
A backsplash can pull a whole kitchen design together, elevating any kitchen design for a reasonable cost. This upscale look can result in value added to your home. However, choosing a polarizing backsplash can alienate potential buyers, and hurt your home's resale value.