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NEW YORK — A 2022 U.S. Houzz & Home Study found kitchens to be the most common interior room to upgrade. Here are a few tips for homeowners:
Expect to spend money. Most home improvement projects require a significant financial investment, but kitchen renovations are among the more expensive undertakings. The overall cost of a project will depend on a host of variables unique to each home, including homeowners’ preferences, but HomeAdvisor estimated the average kitchen remodel in 2023 cost between $14,611 and $41,432. Homeowners considering an upscale kitchen remodel may receive six figure estimates for such projects.
Expect good return on investment. If sticker shock settles in when receiving an initial kitchen remodel estimate, perhaps it can help homeowners to know that such a project may provide a strong return on investment (ROI). According to Remodeling magazine’s “2024 Cost vs. Value Report,” a minor kitchen remodel provides a 96% ROI. A major kitchen remodel mid-range (49%) and a major kitchen remodel upscale (38%) did not provide as notable a ROI.
Expect the project to take some time. Kitchens are large rooms with a lot of components, so renovating these spaces can take some time. Estimates vary depending on the size of the room, the scale of the remodel and the materials chosen, but Angi reports a kitchen remodel for most homes takes six weeks to four months. That’s a sizable window, and it reflects the likelihood that unforeseen issues like supply chain interruptions or the discovery of mold will arise at some point during the renovation. Though it’s impossible to determine precisely how long a project will take before it begins, homeowners renovating their kitchens may want to plan for the project to take two months if not longer.
Expect to use your kitchen during renovation. If the timeline of a renovation is scary, homeowners should know they will likely be able to use their kitchen even after the project begins. Though the room might not remain a popular gathering space once the work starts, Angi notes kitchens typically are out of commission for around six weeks during a renovation. That still requires some pre-planning in relation to meals, but it also suggests homeowners won’t be without a kitchen for months on end.
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