Hi all, Wick here.
As you know my wife and business partner Katoline is the true force of nature on this real estate team:) She helps you get top dollar when you are selling your home. Recently Karoline helped get this house ready to hit the market. It closes today at an over list sales price and it had multiple offers.
Last May the owners of this home Nicole and Greg found Karoline online and reached out to her to help them list this house. Through our videos and great client testimonials 🙂 Nicole loved how Karoline helps you get your house ready to sell.
So through all of last summer Karoline guided Nicole and Greg through this kitchen remodel. And of course they wished they had done the remodel sooner so they could enjoy it a little longer:)
Karoline knows kitchens and baths help sell homes. Today I wanted to walk you through the actual cost of this kitchen! Maybe this will inspire you to do a remodel sooner than when you want to sell your home:)
The total cost of this kitchen drumroll please…. is around $16k. Let’s look at some prices!
Countertops, $2000 from Ikea. On sale 10% off. Quartz. Custom fit. Includes the sink. Super nice!
Cabinets, $11,000. This sounds high but in the world of cabinets it’s not. That’s because they kept the original cabinet boxes and installed new fronts and hardware. The $11k also included the cost of painting all of the cabinets and painting the kitchen itself (as well as the dining room). If I had to guess the cabinets were about $9k and all of the painting $2k. For a total of $11k.
Backsplash was $200 just for the tile alone. The homeowners installed the tile themselves. If you were to sub this out to a tile pro the total cost would be under $1000.
The floor which initially was a concern all of a sudden looked fine with the non-competing white paint. Floor was free!
Appliances (all new) were about $3k. Remember there are 2 major appliance sale days throughout the year. Black Friday and 4th of July.
Light fixture was on sale at the annual Rejuvenation sale.
And lastly, to save the most money the layout was kept the same. No plumbing or wiring had to be moved.
In America the average kitchen remodel costs about $65k. Return on investment for this range is about 50%. Interestingly (is that a word?) your return on investment goes up if you spend less money. A $20k remodel would yield about 80% roi. Typically bigger bang for the buck options are employed first. Paint goes a long way:). And this sink? I can wash dishes in this sink the same way I can in a $2000 sink. You catch my drift:)
You might be wondering who all of these awesome vendors were who helped Nicole and Greg? Please give us a call and we would love to share then with you!
As always thanks for watching!!!