A kitchen remodel is by far one of the best investments a homeowner can make, and the return on investment (ROI) a kitchen remodel might produce is an important consideration. The ROI a homeowner might expect for a kitchen remodel varies, depending on how you spend your kitchen remodeling dollars and the strength of the housing market in your specific area.
The annual Cost vs. Value Report, a joint study done by the National Association of Realtors and Remodeling magazine-provides national and regional averages. The report is an estimate of the costs associated with a kitchen remodel and compares it to the value it would recoup if the home sold ONE year later.