Major kitchen remodel (midrange)
Average cost: $66,196
Return on investment: 62.1%
This project — updating a 200-square-foot kitchen with semi-custom wood cabinets, a small island, laminate countertops, a stainless steel sink, custom lighting and a fresh coat of paint will set you back $66,196, on average. Included are new appliances, lighting and resilient flooring.
You’d recover roughly $41,133 of the project’s cost when selling the home, Remodeling Magazine estimates.
A smart alternative: Spend just $22,507 instead, on a minor kitchen remodel using midrange products.
The project includes Shaker-style wood cabinet panels and drawer fronts, new hardware, a new paint job and an energy-efficient oven and refrigerator. The average return on investment: 80.5%.