Cabinet Refacing Increases Resale Value of Mid-Priced Homes

by Kirk Bangstad
Face Your Kitchen Columnist

Owners of homes across the country can increase their home's value by taking on a few affordable updates. In Cape Cod, known for it's beautiful New England architecture, this is a concern the Cape Cod Times recently addressed for residents in an article discussing the best way to increase a home's resale value. One focus was kitchen cabinet refacing--a project increases resale value of more moderately priced homes in the region and across the country.

Increasing a Homes Resale Value take Strategy

According to the Cape Cod Times, there are a number of strategies involved in increasing a home's resale value through remodeling. Most realtors interviewed for the article agreed that if a home is going to be sold within a few years, owners shouldn't spend a lot of money remodeling it. They should only spend enough to make the home functional, as opposed to extravagant.

Kitchen Cabinet Refacing is a Smart Move for Home Sellers

Of course, "functional" has many different definitions, depending on the size and location of the home. A functional expensive home will still probably need costly fixtures, quality kitchen surfaces, and elegant flooring to maintain a cohesive look throughout the house.

In contrast, a more modest home may only need a few less expensive renovations, like kitchen cabinet refacing and new hardware, according to the article.

Cabinet Refacing Can Create Large Profit Margins

Because the cost of cabinet refacing is relatively low, cabinet refacing is a good project for people looking to sell their home at a profit. If the home being sold is moderately priced, potential buyers won't expect lavish new cabinets, but will be impressed by a kitchen that looks new and fresh.

Sources:

• Cape Cod Times

About the Author
Kirk Bangstad is an artist manager and singer working in Chicago, IL. His previous experience includes consulting for technology companies in the Silicon Valley and serving as a field director and publicist for a statewide political campaign. Kirk holds a B.A. in government from Harvard University.