Homeowners across the country are beginning to open their doors for friends and family in celebration of wintertime traditions. Not coincidentally, it is during the holiday season that homeowners pay particularly close attention to necessary home improvements as they prepare to host their loved ones. While spending numerous hours preparing their favorite holiday meals, owners may focus in on the ways their kitchen falls short and dream of a remodel.
According to the National Association of Realtors® 2015 Remodeling Impact Report, 36 percent of homeowners said the top reason for remodeling their kitchen was to upgrade worn-out surfaces, finishes and materials.
Modernization of the kitchen was the second most common reason for remodeling, and ultimately, it pays off: 82 percent of homeowners said they have a greater desire to be home since completing the project.
And according to NAR’s Home Features Survey, remodeling the kitchen was the most common home improvement project as nearly half of home buyers undertook a project in that room.
A kitchen remodeling project could also make your home more attractive to potential buyers when you sell it. When asked to rank the projects that appeal most to buyers, a kitchen renovation was at the top of the list of projects Realtors® feel will likely add value to the sale.