Home Elements & Concepts November 2021 - January 2022

Page 36

FINANCIAL

Maximize Your Home's Return on Investment:

KITCHEN RENOVATIONS Kitchens are an important part of any home, but if you’re thinking about selling, an attractive, functional kitchen is essential. “Right now, people are trying to modernize their homes and also make their dwellings sale ready in case they decide to go down that road,” says Josh Fetting, consumer lending sales manager with UW Credit Union. If your kitchen could use a facelift, here are some tips on getting it done. Scale and Scope “A kitchen is going to be one of the biggest bangs for your buck as far as remodels go,” says Josh. “It’s an extremely visible and well-used part of the house, and it’s a place 36 Additional photos at homeelementsandconcepts.com

by Jason Scott

where there are a lot of little features that you can add and improve upon. You have countertops, cabinets, appliances, flooring—all sorts of things that add a lot of value.” It’s typical for midrange kitchen upgrades to touch on all of these items, according to Remodeling magazine. Upscale projects can feature higher-quality finishes, including custom cabinetry, stone countertops, the latest high-end appliances, and upgraded lighting, all of which can add to the total cost of the project. Remodeling’s Cost vs. Value Report, which compares the average costs for remodeling projects with the value they retain in the housing market, places the average local


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