Increase the appeal of your kitchen with new cabinets
Posted on Wednesday, June 20, 2012 at 10:32:12 PM
After moving into a new home, you may want to consider putting your personal touch on a few rooms. There’s nothing like ripping out the previous owner’s unflattering wallpaper and adding a fresh coat of paint to the walls. However, if your kitchen needs a bit or work, you may be wary of using a home improvement loan after spending money to buy a house.
The average major kitchen renovation costs about $57,494, according to Remodeling Magazine. The average minor kitchen renovation costs approximately $19,588. If you’re unsure about the cost of a kitchen project, consider dividing the remodel in multiple steps. New kitchen cabinets are an ideal way to give a kitchen a facelift without breaking the bank.
The affordability of the feature has sparked a growth in the kitchen cabinet market. Custom Home Magazine reports the cabinet industry was worth $10.3 billion in 2011. According to a new report from the market research company The Freedonia Group, the industry should expect a 8.2 percent annual growth in U.S. cabinet demand. That increase will increase the value of the industry to $15.3 billion by 2016.