On Dec 12, 2:26�pm, Goomba38 > wrote:
> Steve Pope wrote:
> > I have always heard that kitchen remodeling has the lowest
> > return of any major upgrade, about $0.50 on the dollar.
>
> That is contrary to everything I've ever read or seen.http://www.realtor.org/press_room/ne...ostvsvalue2005....
Your article says you lose money on a kitchen remodel.
"Many homeowners who complete midrange bathroom remodels can expect to
make money; the cost on a national average for this project is
$10,499, and the return is $10,727, or 102.2 percent, compared with
87.5 percent in 2002. On average, major midrange kitchen remodels cost
$43,862 and return $39,920, or 91 percent of the costs to remodel."