From Realtor Magazine
Kitchen remodeling sales were up 36 percent in the third quarter of 2011 compared with the same time a year earlier, according to the National Kitchen and Bath Association. It’s no wonder: The kitchen is the focal point in many homes. And it’s one of the features buyers compare most closely when they’re shopping for a home. Here are cost estimates for some of the low-cost kitchen upgrades that listing agents often recommend to sellers:
Hardware
Replacing cabinet hardware, such as handles, knobs and hinges is a quick, DIY way to enhance kitchen space. According to HouseLogic.com, an average kitchen is 200 square feet with 30 linear feet of cabinetry, which equates to about 40 handles and knobs. Averaging between $2 and $20 per knob or pull, a home owner can expect to spend from $80 to $800 for this enhancement.
Faucet
There are myriad options today in terms of height, spouts, pullout hoses, and folding necks with quality faucets starting at around $200
Lighting
Adding and LED under cabinet light can have a dramatic effect for about $40
Organization
Buyers today choose functionality over elaborate decoration, says Jamie Goldberg, a National Kitchen and Bath Association-certified designer. Practical storage in the kitchen will go a long way. Over-the door hooks, baskets in the pantry, drawer organizers, wall hooks for pots and pan, and stackable shelves for cabinets will add appeal, typically for less than $100
Countertops
Laminate can mimic the contemporary look of granite for a significant discount. The cost for an average kitchen with 30 linear feet of laminate countertop is roughly $1575; the same space in granite would be about $2400