Build Home Equity with Kitchen Cabinet Refacing

by Joe Cooper
Kitchens and Cabinets Columnist
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Protecting the investment of your home by keeping it updated is an important task for a homeowner. Kitchen cabinet refacing is one way to do so, while avoiding the high costs associated with typical full remodels.


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Kitchen Remodeling Boosts Value

Housing sales were down over 14 percent in September from a year ago. Home sale prices have fallen since March of this year, and the median home price is lowering.

These new developments should not cause homeowners concern, however. It is simply the market flattening itself out, cooling down a little. But keeping the equity level in your home healthy is a smart move, particularly with a kitchen remodeling project.

Building Equity with Cabinet Refacing

There are a number of ways homeowners can build equity in their home. Remodeling is the most effective way. Kitchens and bathrooms are areas of focus to home buyers, and they can also be the most expensive.

Use Kitchen Cabinet Refacing as an Investment Tool

Here's where kitchen cabinet refacing comes in. A standard kitchen remodel can cost $30,000 to $40,000. When all is said and done, the value of their home will probably not increase that same amount. Kitchen cabinet refacing costs come in at only $2,000 to $10,000. Most of the time, kitchen cabinet refacing costs come in at the lower end of this spectrum. Homeowners who choose to upgrade extras in their kitchen (all new hardware, new cabinet functionality, an expensive finish) will face costs toward the higher end.

A home is a great investment, and keeping it updated will protect it. Through kitchen cabinet refacing, you can keep your kitchen updated without the cost of a standard kitchen remodel.

Source

Bloomberg: Existing Home Sales Drop, Prices Slip

About the Author
Joe Cooper writes home services and design articles and edits medical literature. He holds a bachelor's in American Literature from UCLA.

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