Renovation Statistics: Adding Value to your house

According to the National Association of the Remodeling Industry, Americans will spend over $295 Billion on kitchen renovations this year.    For homeowners that spend less than $15,000 on their kitchen, they can expect to see a return of 99% on their investment.  With those kind of numbers, there is no other room in your house where you could expect to see the same kind of return on your investment.   Kitchen Renovations account for 70% of the home improvement projects, and that is for a reason.  By installing new kitchen cabinets, you can not only change the look of your kitchen, but also increase the value of your home.