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Face Your Kitchen
Your Guide to Kitchen Cabinet Refacing
 

Why kitchen remodeling is hot right now

by Shannon Lee
Face Your Kitchen Columnist

If your plans for a kitchen remodel have been on the back burner, now is a good time to turn up the heat. An October 2011 "Housing 360" survey by Hanley Wood found that 42 percent of homeowners believe this is an excellent time to remodel. The survey also found that homeowners were putting more emphasis on maintenance, repair and replacement projects, including minor kitchen remodels.

Is it time for a custom kitchen remodel?

Remodeling right now makes sense for many reasons. The housing market is still shaky in the wake of the Great Recession, and that means more people are choosing to stay in their homes and remodel instead of trying to sell. Project costs are continuing to drop for the third year in a row, which can mean good deals on materials and better negotiations with contractors. Remodeling right now can mean that when the housing market becomes more stable, resale value on the home could be much better.

Having a custom kitchen doesn't mean going overboard on the remodeling costs. In fact, a minor kitchen remodel can include custom options for an affordable price if you are simply replacing the cabinet doors and drawer fronts while keeping the original boxes. Remodeling Magazine's "Cost vs. Value Report 2011-2012" ranks a minor kitchen remodel as the fourth overall best option for return on investment at 72.1 percent.

Other options to include in your kitchen remodel

Other than replacing kitchen cabinets, there are a few other options that can make your kitchen remodel complete. The minor kitchen remodel described by Remodeling Magazine calls for replacement of the wall oven and cooktop with more efficient models, replacement of laminate countertops, and new resilient flooring. Painting the walls and trim completes the new look.

As homeowners worry about the economy and their financial situation, the trend toward do-it-yourself is becoming clear. The "Housing 360" survey reported that 47 percent of homeowners did their home remodel on their own, 36 percent hired a contractor, and 17 percent chose to split the job by doing part of it themselves and hiring a contractor for the rest.

Keep in mind that a kitchen remodel might have some do-it-yourself aspects, but replacing kitchen cabinet doors and drawer fronts can be a very time-consuming and difficult project for those who are not well-versed in home improvement projects. In that case, hiring a contractor to make certain the job is done correctly makes good financial sense.

 





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