Homeowners spend more money on kitchen remodeling than on any other home improvement project. And with good reason: Kitchens are the hub of home life and a source of pride.

Related: Timeless Kitchens

A significant portion of kitchen remodeling costs may be recovered by the value the project brings to your home. Kitchen remodels in the $50,000 to $60,000 range recoup about 74% of the initial project cost at the homes resale, according to recent data from Remodeling Magazines Cost vs. Value Report.

A minor kitchen remodel of about $19,000 does even better, returning more than 82% of your investment.

To maximize your return on investment, follow these seven strategies to keep you on budget and help you make smart choices.

1. Plan, Plan, Plan

Planning your kitchen remodel should take more time than the actual construction. If you plan well, the amount of time youre inconvenienced by construction mayhem will be minimized. Plus, youre more likely to stay on budget.

How much time should you spend planning? TheNational Kitchen and Bath Association recommends at least six months. That way, you wont be tempted to change your mind during construction and create change orders, which will inflate construction costs and hurt your return on investment.

Some tips on planning:

Study your existing kitchen: How wide is the doorway into your kitchen? Its a common mistake many homeowners make: Buying the extra-large fridge only to find they cant get it in the doorway. To avoid mistakes like this, create a drawing of your kitchen with measurements for doorways, walkways, counters, etc. And dont forget height, too.

Excerpt from:
Plan Kitchen Remodel | HouseLogic Kitchen Remodeling Tips

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April 21, 2014 at 12:12 pm by Mr HomeBuilder
Category: Remodeling