Renovated Kitchen in 4/2

Here is the kitchen in a house that is for sale in Memphis. It is on Laurie Lane. The kitchen has been inexpensively updated. Notice how the tiles on the floor repeat the look of the tiles along the wall. This conservative approach to remodeling the kitchen will be attractive to most home buyers. Buy choosing a style and color that is easily matched, he made sure that no one will complain about the kitchen. A coat of paint over the old cabinets along with new hardware freshens them up also. The built in matching Stove, Microwave and Dishwasher put this house above many others. A small wine cooler is placed in a built in shelf to set this kitchen apart from those in other houses.

Triple your money in Kitchens and Baths Part 1

When it comes to increasing the value of your house, nothing beats sprucing up the Kitchen and Bathrooms. People spend a good deal of time in their kitchens. A kitchen will sell a house if done properly. The last house I bought had cabinets from K-Mart and were the snap together type made of white particle board. There was no trim on them either. They looked like they belonged in a garage. The floor was linoleum and had plenty of waterstains and the subfloor was visible where the plastic had torn. I was very happy to see the kitchen in this state. What I saw was OPPURTUNITY. The decision to gut the kitchen from floor to ceiling and then some was easy. I spent just under $2500 on the materials and another $1000 in labor (if you include my labor calculated at $20/hr.) I had an assistant who I pay $15/hr. We also added some duct work from the kitchen to an addition that was technically not required but added 400 Sq. Ft. of heated/cooled area. Here is the final product. I increased the value of the house 31% (based on the eventual sale price) spending about 33% of my budget $10,000 budget in the kitchen. That is a 3:1 ROI.