4. Upscale Kitchen Remodel
- Cost of upscale kitchen remodel: $81,552
- Average resale value: $69,194
- Percentage of cost recovered: 84.8%
- Best return: 136.1% in Seattle
- Worst return: 46.2% in Burlington, Vt.
A top-of-the-line kitchen with commercial grade appliances, stone countertops and custom cabinets will set you back over $80,000 and you won't be getting that investment back at resale, unless you're in a high cost area where that price tag is relatively small compared to your total home price, like Los Angeles, New York, San Francisco or Seattle.
When you go high-price, be careful not to go too high style. For instance, black lacquer kitchen cabinets with black granite countertops may look cool, but it only appeals to one in a hundred buyers. White cabinets with black granite would appeal to many more buyers.
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