Major kitchen remodel
Return on investment: 54%-59%
Major kitchen remodels remain a staple on home reno TV for one very good reason: their intriguing design possibilities, from retro to postmodern, cartoon to kooky, and everything in between.
Unfortunately for homeowners, the current cost to give your kitchen a high-end makeover runs $50,000-plus.
Depending on your taste and comparable sale prices (comps) for homes in your neighborhood, you may wind up eating most of your cost when it’s time for you to sell.
“If your idea is to have something from the 1970s with avocado ovens, the next person could walk in and say, ‘That’s ugly. I don’t care that you spent $75,000 on that, let’s tear it out anyway,” says Webb, of Remodeling.
