KITCHENS AND BATHS, Renovate vs. Remodel
In a market where vacant land prices are still relatively high, construction loans are hard to come by and new house start-ups are far and few between, the next, best thing is The Remodel. In particular, the renovation/remodel of kitchens and baths. No matter what type of principal you are; home owner, condo owner, president of a condo/hotel association, an owner occupant or investor of any of these, the kitchen and bath renovation/remodel may be just what you need.
Renovate: 1. to restore to good condition; make new or as if new again; repair
2. To reinvigorate; refresh; revive
Remodel: 1. to model again
2. to reconstruct; make over
For those on a budget or someone wanting to sell their property, you can do a small kitchen and bath renovation with a few changes that can make a big difference.
For The Bathroom:
- Change and update the plumbing fixtures; sinks, faucets, toilets, shower fixtures, toilet accessories like towel bars and toilet paper holders, medicine cabinet(s) and the mirror(s)
- Resurface or repaint cabinetry
- Change cabinetry hardware to something more up to date, add new updated door knob
- Paint bath walls, ceiling and door with a new, fresh, neutral color
- Change light fixtures and update cover plates for switches and outlets
- Add crown molding or baseboard for a finished look
- Change shower curtain or shower door to something new, fresh and clean
- Resurface tubs
For The Kitchen:
- Change plumbing fixtures, possibly replace the sink.
- Resurface or repaint cabinetry and add new hardware and hinges if necessary
- Add new appliances; preferably Energy Star and stainless steel
- Paint kitchen walls with a new, fresh, neutral color. Kitchens can also tolerate an accent wall if you want to add creativity and personality.
- Add a fan and/or more lighting if needed
A Major kitchen and bath remodel would be the same as above except you’d want to add in NEW cabinetry, NEW countertops, and NEW flooring which bumps up the cost quite a bit. But, I have to say, hands down, totally worth it!! Just depends on your budget and what your overall goal is. Living in a newly remodeled space is so much fun and worth every penny. Selling a unit that is newly remodeled is almost mandatory in this market.
A minor kitchen and bath renovation will run approx. $5000-$15,000+
A major kitchen and bath remodel will run approx. $30,000-$50,000+