6 Kitchen Renovations that Pay Off
Which kitchen renovations offer the best return-on-investment? Knocking down a wall to create the popular open floor plan isn’t one of them.
The reason: According to Remodeling Magazine’s Cost Vs. Value Report, smaller kitchen renovations—such as replacing cabinet doors and upgrading appliances—have an ROI that’s almost 14.8% higher than a major kitchen renovation. That’s not to say that you shouldn’t open your kitchen up if that’s what you’re pining to do; just don’t bank on it paying off big time down the road.
Among the six upgrades that do pay are a new kitchen sink and charging stations.
Given the sink is the most used item in your kitchen, a brand-new one will pop—even if it’s on an old countertop. So consider installing one with two troughs. Or try Popular Mechanics #1 value sink made of stainless steel that you can snag for less than $130.
For the truly budget-friendly kitchen renovation option, get a fancy new faucet, suggests Griffin. “This is quick and inexpensive but can make a huge difference,” she says.
The home invasion of smartphones, tablets, and other constantly charged electronics means there are never enough power outlets in a kitchen. This may explain why the National Kitchen and Bath Association’s 2021 trend report shows that a top trend is “dedicated areas for device charging.” Because don’t we all need a place where all our gadgets can easily be plugged in.
For an easy DIY project, consider adding hidden power strips and other tech-friendly amenities in a drawer or cabinet.