Ready to Tackle that Home Renovation project?
Have you been dreaming of a home improvement, but not sure where to start? And what about that dreaded question: How will I pay for this?
The Heart of the Home
According to the 2021 cost vs. value report1 that compared 22 remodeling projects, the national average cost for a minor kitchen remodel was $26,214. And if you plan to sell your house anytime soon, you can expect to recoup about 72.2% of that cost, making it the 3rd highest return on investment project on the list. But regardless if you plan to sell in a year or you’re updating your forever home, consider these additional benefits of a kitchen remodel when thinking about which project to start next.
Healthier Lifestyle
Did you know that a newly remodeled kitchen leads to a family that is more closely tied together, supportive, generally leading a healthier lifestyle?2 It’s true!
The benefits of remodeling can be both seen and felt. For example, replacing old, worn-out, inefficient appliances with brand new, energy efficient ones will have an aesthetic effect and cost-effectiveness, especially when you choose an appliance with the Energy Star label. These new, energy efficient appliances can also lead to a more sustainable environment for future generations. You’ll also reap the benefits of fresher, colder, healthier food and snacks stored inside a shiny new appliance you can be proud of. You may even choose to spoil yourself and your family by having access to filtered water and crushed ice without even opening the door!
Apart from the aesthetic and energy benefits of an updated and newly installed refrigerator, oven, and dishwasher, according to a survey3 conducted by Houzz Inc., a kitchen remodel also leads to more family time. For example, families generally spend more time prepping food and enjoying healthy meals and snacks together in the new space. This means less take-out!
In addition to these positives, families also tend to socialize more. Overall, according to this survey, about a third of homeowners reported leading a healthier lifestyle after a kitchen renovation.
Send out those invites!
Once your remodel is finished, get those invites ready! Your friends and family will happily gather ‘round the new kitchen island to catch up, reminisce, play a game, or maybe even make plans for a group vacation. According to Harvard Health, Social connections influence our long-term health in ways every bit as powerful as adequate sleep, a good diet, and not smoking.
More great reasons to start that remodel asap.
Whether it’s an updated kitchen, bathroom, or workshop, we can help you get that new space you’ve been dreaming of creating.
At Classic Funding we believe everyone deserves to feel the power of possibilities. Are you ready to see what you qualify for? Start HERE with a short and simple application to instantly see loan offers with no impact to credit.
1 https://www.remodeling.hw.net/cost-vs-value/2021/
2 https://www.houzz.com/magazine/2017-u-s-houzz-kitchen-trends-study-stsrsivw-vs~92044853
3 https://www.houzz.com/magazine/2017-u-s-houzz-kitchen-trends-study-stsrsivw-vs~92044853
