According to HomeAdvisor.com, you should follow the 5% to 15% rule, which means your kitchen remodel should cost no less than 5% of your home’s value and no more than 15%.
How much does a kitchen remodel increase home value 2019?
But she’s also worked on major projects, where the entire kitchen is gutted, reorganized, upgraded, and sometimes even moved to a new room—and those can cost between $80,000 and $120,000. Mid-range remodels fall snugly between the two, according to Remodeling Magazine’s 2019 Cost vs. Value Report, at about $66,000.
How much does a kitchen remodel increase home value 2018?
Realtors also believe that kitchen renovations are the most likely to increase your home’s value—but that doesn’t guarantee that you’ll make back every penny you spend. Remodelers project that a kitchen upgrade will cost an average of $35,000, while only adding an average value increase of $20,000 to your home.
What is the cost of an IKEA kitchen?
Still, comparative cost of the cabinetry does provide a starting point for determining the costs of a kitchen. IKEA cabinetry for the fictional 10 x 10-foot kitchen is generally projected to cost from about $899 to perhaps $2,999, depending on style of cabinets chosen.