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Report Shows Remodelling Can Increase Value of House for Resale

According to Remodeling Magazine's annual Cost vs. Value report for 2009 to 2010, both bathroom and kitchen remodels can result in a significant return on investment during resale of the house. For example, a homeowner who completes a typical bathroom remodel, which costs on average $16,142, can see 71 percent of this cost recouped once the home is sold.

"The message here is that remodeling and other home enhancements have both short-term and long-term benefits," says Doug Dwyer, president and CSO of DreamMaker Bath & Kitchen.

Dwyer recommends homeowners keep the trends below in mind when remodeling their kitchen or bath. The insight was derived from a company-wide survey of DreamMaker Bath and Kitchen remodelers and designers.

For the kitchen:

  • Cabinet refacing and replacing countertop surfaces are practical ways to makeover your kitchen without renovating the entire space. Darker woods and wood stains are particularly popular for cabinets right now.
  • When it comes to countertops, granite and quartz both remain excellent choices for increasing your kitchen's value and appeal. Opt for lighter colors to contrast against darker, bolder cabinets.
  • Don't be afraid to get creative with your backsplash tiles. Accent walls with mosaic glass tiles can add some much-needed "pop" to your space.
  • When replacing appliances and water fixtures, opt for energy efficient models.

For the bathroom:

  • By simply replacing your shower curtain with frameless shower doors, you can make your bathroom space appear much larger without making any changes to the actual footprint.
  • Replacing tubs with walk-in showers is an alternative way to open up your bathroom with minimal work. Barrier-free showers are particularly popular.
  • Larger size tiles in richer colors allow homeowners to make a dramatic statement in this room of the home. Many economical tile options exist for the budget-conscious.
  • Perspective homebuyers have shown an increased interest in eco-friendly materials, such as Lyptus® and bamboo, which add an interesting texture to cabinetry and flooring.


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