Research by the Joint Center for Housing Studies at
Harvard University and the 2005 Cost vs. Value study and report by the market research firm Specpan/Farnsworth Group commissioned by Handley Wood Publications both report similar consistent facts:
- A remodeled kitchen increases the value of the home by 80% to 110% of the price of the remodel project.
- A remodeled bathroom increases the value of the home by 82% to 115% of the price of the remodel project.
What this means to you, the homeowner, is that:
- Your new kitchen or bath is not a cost but an investment that will continue to appreciate as your home appreciates.
- Unlike a new car, your new kitchen and bath is an asset that will appreciate while you enjoy it every day.
Some could argue that your new kitchen or bath is free – Merely trading assets. Call Designer Bath And Kitchen today to schedule an appointment to discuss your new kitchen or bath. Right now is a good time to call.
