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Hampstead, NH 03041

Kitchen remodeling: Increase your NH home value

Every cook loves a well-appointed kitchen. A great kitchen makes cooking fun and provides a welcoming space for family members to gather.

But there is another reason to invest in upgrading your dated kitchen: The return on investment (ROI) for your home. The ROI will depend on how your spend your remomeling dollars and the strength of the housing market at the time of sale in your particular area. The annual Cost vs. Value report shows the relationship between the investment in a remodel and how of that investment is recouped if the house was sold one year later. Those numbers are coming back up, after several years of decline because of the recent recession. For 2014, the report shows the value of remodeling has increased in the last two years since the decline in 2006. New England is above national averages. For specific figures for your area, per type of project, please review the report. 

How much you budget for your kitchen remodel has as much to do with meeting your wants and needs, but also how long you plan to remain in your home. Today's trend to retire in place means many Americans are going to make sure they include the best ideas in a kitchen remodel. When you are planning on staying in your home for more than five years, budget 15%-18% of the total value of your home. So, if your home is worth $300,000, a kitchen remodel budget of $45,000 is a reasonable investment.

Give Jim a call to learn more about kitchen remodeling: 603-329-5099

Rather than address a single job, I would prefer to write about our ongoing relationship with L&M as they have, to date, performed approximately 8-10 jobs on our house. These range from changing out windows to building a deck to updating a bathroom. In a phrase, I would have no other company work on our house. Jim and Rick are the consummate professionals and their work is simply superb. Jim is a craftsman who is capable of virtually any kind of building/home repair work. I know when we call the ... - Ira Glick, East Hampstead, NH Read more...

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