How bath and kitchen refinishing can improve your home

Homeownership is a long-term journey filled with rewards, challenges, and plenty of opportunities to enhance your living space. One of the most impactful ways to increase your home's value is through thoughtful upgrades—whether it's landscaping, additions, or interior painting. But when it comes to maximizing resale value, nothing beats a kitchen or bathroom renovation.

Kitchen and bathroom remodeling have consistently been top choices for homeowners looking to boost their property’s appeal. A recent survey found that many people choose these projects because they’re dissatisfied with their current spaces or have finally planned and saved enough to make the move. However, the cost can be a major hurdle. Whether you're going for a full-scale overhaul or just a few smart updates, the price tag can add up quickly. Let’s take a closer look at what a kitchen renovation might really cost you.

The Cost of Kitchen Refinishing

A 2018 report on home values showed that the average cost to renovate a 200-square-foot kitchen with basic features—like wood cabinets, an island, standard sink, and fixtures—can reach around $64,000 if you include new appliances, lighting, and flooring. Of course, this number can vary widely depending on your choices. If you're dreaming of granite countertops, custom cabinetry, and high-end appliances, you could easily spend over $100,000.

But there are more affordable options too. You can refinish existing cabinets, replace countertops, and install new flooring for as little as $20,000. The key is to plan carefully and set a realistic budget. Here are a few tips to help you stay on track:

• Allocate the majority of your budget to long-lasting items like cabinets, appliances, and flooring. These are the elements you won’t want to replace soon, so investing in quality makes sense.
• Don’t go overboard with luxury finishes. While it's tempting to go all out, not every upgrade will pay off when it’s time to sell. Focus on timeless designs and practical choices.
• Always set aside a contingency fund. Unexpected costs are common during renovations, and it’s better to be prepared than caught off guard.

How Kitchen and Bath Renovations Impact Home Value

An upgraded kitchen or bathroom can significantly increase your home’s market value. These rooms are often the first things buyers notice, and a fresh, modern design can make your home stand out. Buyers are willing to pay a premium for new fixtures, updated cabinetry, modern appliances, and stylish flooring.

In fact, 80% of homebuyers consider the kitchen to be the most important room in a house. On average, homeowners see a return on investment between 54% and 93%, depending on location and the scope of the project.

If you're looking for inspiration or professional help with your kitchen or bath renovation, contact the experts at Maryland Tub & Tile. Call (877) 717-TUBS or visit marylandtubntile.com to learn more about your options.